SEC FILE NUMBER

000-23115

CUSIP NUMBER

125961300

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

(Check One):    ¨ Form 10-K    ¨ Form 20-F    ¨ Form 11-K    x Form 10-Q    ¨ Form 10-D    ¨ Form N-SAR    ¨ Form N-CSR

 

For Period Ended: June 30, 2016

 

¨   Transition Report on Form 10-K

¨   Transition Report on Form 20-F

¨   Transition Report on Form 11-K

¨   Transition Report on Form 10-Q

¨   Transition Report on Form N-SAR

 

For the Transition Period Ended: ______________

 

Read Instruction (on back page) Before Preparing Form. Please Print or Type.

 

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

 

CTI INDUSTRIES CORPORATION

Full Name of Registrant

 

 

Former Name if Applicable

 

22160 North Pepper Road

Address of Principal Executive Office (Street and Number)

 

Lake Barrington, IL 60010

City, State and Zip Code

 

 

PART II - RULES 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)

 

	(a)	The reasons described in reasonable  detail in Part III of this form  could not be  eliminated without unreasonable effort or expense;
x	(b)	The subject annual report,  semi-annual report, transition  report on Form 10-K,  Form 20-F,  11-K, Form N-SAR,  or portion  thereof,  will be filed on or before the fifteenth calendar day following  the  prescribed  due  date;  or  the subject  quarterly report of transition  report on Form 10-Q, or portion  thereof will be filed on or before the fifth  calendar day  following the prescribed due date; and
	(c)	The accountant's  statement  or other  exhibit required by Rule 12b-25(c) has been attached if applicable.

 

PART III - NARRATIVE

 

State below in reasonable detail the reasons why the Form 10-K, 11-K, 10-Q, N-SAR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach Extra Sheets if Needed)

 

In order for the Company to complete the preparation and review of financial and narrative information for its quarter ended June 30, 2016, the Company requires additional time to file its Form 10-Q for such year.

 

PART IV--OTHER INFORMATION

 

(1)

Name and telephone number of person to contact in regard to this notification

 

GERALD M. MILLER	312	786-5100
(Name)	(Area Code)	(Telephone Number)

 

(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 reports) been filed? If answer is no, identify report(s).

 

x Yes      ¨ No 

 

(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?

 

x Yes      ¨ No 

 

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.

 

See attached explanation.

 

 

CTI INDUSTRIES CORPORATION

(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: August 15, 2016	By:	/s/ Stephen M. Merrick
		Stephen M. Merrick, President

 

 

INSTRUCTION: The form may be signed by an executive officer of the registrant or by any other duly authorized representative. The name and title of the person signing the form shall be typed or printed beneath the signature. If the statement is signed on behalf of the registrant by an authorized representative (other than an executive officer), evidence of the representative's authority to sign on behalf of the registrant shall be filed with the form.

 

ATTENTION

 

Intentional misstatements or omissions of fact constitute Federal Criminal violations (See 18 U.S.C. 1001).

 

 

EXPLANATION OF PART IV (3):

 

For the quarter ended June 30, 2016, the Company had net sales of $14,150,000 and an estimated net loss of $83,000, compared to net sales of $13,621,000 and net income of $52,000 for the quarter ended June 30, 2015.