Notification That Quarterly Report Will Be Submitted Late (nt 10-q)
18 May 2016 - 5:35AM
Edgar (US Regulatory)
SEC FILE NUMBER
000-32409
CUSIP NUMBER
911030104
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Notification
of Late Filing
(Check One):
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o
Form 10-K
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o
Form 20-F
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o
Form 11-K
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x
Form 10-Q
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o
Form 10-D
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o
Form N-SAR
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o
Form N-CSR
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For Period
Ended:
March 31, 2016
o
Transition
Report on Form 10-K
o
Transition
Report on Form 20-F
o
Transition
Report on Form 11-K
o
Transition
Report on Form 10-Q
o
Transition
Report on Form N-SAR
For the
Transition Period Ended: _________________________
Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
If the notification relates to a portion of the filing checked
above, identify the item(s) to which the notification relates:________________________________________________________________________________________
PART I
REGISTRANT INFORMATION
UNITED
MORTGAGE TRUST
Full Name
of Registrant
1301 Municipal Way, Suite 220
Grapevine, Texas 76051
Address
of Principal Executive Office (
Street and number
)
City,
State and Zip Code
PART II
RULE 12b-25 (b) AND (c)
If the subject report
could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following
should be completed. (Check box if appropriate.)
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(a)
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The reasons described in detail in Part III of this form could not be eliminated without unreasonable effort or expense;
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¨
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(b)
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The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on From 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
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(c)
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The accountant’s statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
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PART III
NARRATIVE
State below in reasonable
detail why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Registrant is unable to
complete its quarterly financial statements due to the resignation on November 19, 2015 of Whitley Penn LLP, its independent auditing
firm (previously reported in the Company’s Report on Form 8-K filed on November 24, 2015) and the inability thus far to engage
a new independent auditing firm. Although the Company is in discussions for engagement of a new independent auditing firm, the
Company cannot provide assurance when a new independent auditing firm will be engaged.
Due to the lack of final financials
for the quarter ended March 31, 2016, the Company is unable to file its Form 10-Q within the prescribed time period. The Company
intends to file such report as soon as practicable.
PART IV
OTHER INFORMATION
(1) Name and telephone
number of person to contact in regard to this notification:
Stuart Ducote
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(214) 237-9305
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(Name)
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(Area Code) (Telephone Number)
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(2) Have all other
periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company
Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been
filed? If the answer is no, identify report(s).
Annual Report on Form 10-K for
the year ended December 31, 2015.
(3) Is it anticipated
that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by
the earnings statements to be included in the subject report or portion thereof?
If so, attach an explanation
of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate
of the results cannot be made.
UNITED MORTGAGE TRUST
(Name of Registrant as Specified in Charter)
has caused this notification to be signed
on its behalf by the undersigned thereunto duly authorized.
Date: May 17, 2016
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By:
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/s/ Stuart Ducote
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Stuart Ducote
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President and Chief Financial Officer
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