Company: LDWY
Filing Date: 2025-03-27
Form Type: 8-K
Source: 0001558370-25-003821
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Company: LENDWAY, INC.
Filing Date: 2025-03-27
Form: 8-K
Item: Item 2.02
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Item 2.02. Results of Operations and Financial Condition.

On March 27, 2025, Lendway, Inc. (the “ Company”) issued a press release announcing the company’s financial results for the three and twelve months ended December 31, 2024. The text of the press release issued by the company is furnished as Exhibit 99.1 attached hereto and is incorporated herein by reference.

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year.

On March 25, 2025, the Company’s Board of Directors approved a resolution to change the Company’s fiscal year end from December 31 to June 30 of each calendar year.

As a result of the change, the Company intends to file a transition report on Form 10-K for the six-month transition period starting January 1, 2025 and ending June 30, 2025, which is the period between the closing of the Company’s most recent fiscal year on December 31, 2024 and the opening date of the Company’s newly selected fiscal year on July 1, 2025.

During the transition period, the Company has elected to a file a quarterly report on Form 10-Q for the quarter ending March 31, 2025, and then expects to file quarterly reports based on the new fiscal year beginning with the first fiscal quarter ending September 30, 2025.

Item 9.01. Financial Statements and Exhibits.