Aqua Power Systems Inc (APSI)

[mikeo56]

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



On February 9, 2023, the Board of Directors of Aqua Power Systems, Inc. approved a change in the Company’s fiscal year end from March 31 to a calendar year end of December 31. The change will not affect nor impact the Company’s actual financial results; however, the change will affect the timing and form of the Company’s next scheduled financial report.



With this change, the financial reporting period ending December 31, 2022, will now be the Company’s fiscal year end rather than the end of a financial quarter. The Company will file a Form 10-KT for the Company’s annual report for the period ending December 31, 2022, rather than a quarterly Form 10-Q report. Form 10-KT is a filing with the Securities and Exchange Commission (SEC) submitted in lieu of or in addition to a standard 10-K annual report when a company changes the end of its fiscal year.