ZenaTech Files 20-F/A, Confirms Compliance & Share Count
Ticker: ZENA · Form: 20-F/A · Filed: Jun 11, 2025 · CIK: 1997403
Sentiment: neutral
Topics: 20-F/A, SEC Filing, Regulatory Compliance, Software Industry, Nasdaq, Annual Report Amendment, Corporate Governance
Related Tickers: ZENA
TL;DR
**ZenaTech's 20-F/A is a routine compliance check, confirming regulatory adherence and share count, but offers no new financial catalysts.**
AI Summary
ZenaTech, Inc. filed a 20-F/A Amendment No. 1 for the fiscal year ended December 31, 2024, primarily to update its annual report. The filing confirms ZenaTech is not a well-known seasoned issuer but has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months. The company also confirmed it has submitted electronically every Interactive Data File required by Rule 405 of Regulation S-T. As of the close of the period, ZenaTech had 22,501,124 outstanding shares of common stock, with a par value of $0.30 per share, traded on The Nasdaq Capital Market LLC under the symbol ZENA. The amendment itself does not introduce new financial figures for revenue or net income, but rather clarifies compliance and corporate structure details. The company operates in the prepackaged software services sector, SIC 7372, and maintains its principal executive offices at 777 Hornby Street, Suite 600, Vancouver, British Columbia, Canada V6Z 1S4. Shaun Passley, PhD, serves as the company contact.
Why It Matters
This 20-F/A filing from ZenaTech, Inc. is crucial for investors as it confirms the company's ongoing compliance with SEC reporting requirements, including the submission of all Interactive Data Files. While not a financial update, it provides transparency on corporate governance and regulatory adherence, which can impact investor confidence. The confirmation of 22,501,124 outstanding shares helps in calculating market capitalization and per-share metrics. In a competitive prepackaged software market, consistent regulatory compliance like this can differentiate ZenaTech from less transparent peers, signaling operational stability to both investors and potential customers.
Risk Assessment
Risk Level: low — The risk level is low because this 20-F/A is an amendment primarily confirming regulatory compliance and existing corporate details, rather than disclosing new adverse events or significant financial changes. The filing explicitly states ZenaTech has filed all required reports and submitted all Interactive Data Files, indicating strong adherence to SEC regulations, which reduces compliance risk.
Analyst Insight
Investors should view this filing as a confirmation of ZenaTech's operational and regulatory hygiene, not a trigger for immediate action. Maintain current positions if aligned with long-term strategy, as no new financial data or strategic shifts are presented. Focus on future filings for actual performance metrics.
Key Numbers
- 22,501,124 — Outstanding Shares (Number of common stock shares as of December 31, 2024, important for market cap calculations.)
- $0.30 — Par Value per Share (The stated par value for each common stock share, a foundational accounting figure.)
- 20241231 — Conformed Period of Report (The fiscal year-end covered by the annual report, indicating the period of financial data.)
- 20250611 — Filed As Of Date (The date the 20-F/A amendment was officially filed with the SEC.)
- 7372 — SIC Code (Standard Industrial Classification for 'SERVICES-PREPACKAGED SOFTWARE', defining ZenaTech's industry.)
Key Players & Entities
- ZenaTech, Inc. (company) — registrant for 20-F/A filing
- Shaun Passley, PhD (person) — company contact person
- SEC (regulator) — United States Securities and Exchange Commission
- The Nasdaq Capital Market LLC (company) — exchange where ZENA common stock is registered
- $0.30 (dollar_amount) — par value per common stock share
- 777 Hornby Street, Suite 600 (company) — address of principal executive offices
- British Columbia, Canada (company) — jurisdiction of incorporation
- 001-41852 (regulator) — Commission File Number
- 0001997403 (company) — Central Index Key (CIK)
- 647-249-1622 (person) — business phone number for Shaun Passley
FAQ
What is the purpose of ZenaTech's 20-F/A filing?
ZenaTech's 20-F/A filing is an amendment to its annual report for the fiscal year ended December 31, 2024. It primarily serves to confirm the company's ongoing compliance with SEC reporting requirements, including the filing of all required reports and the submission of Interactive Data Files, rather than introducing new financial results.
How many shares of common stock does ZenaTech have outstanding?
As of the close of the period covered by the annual report, December 31, 2024, ZenaTech, Inc. had 22,501,124 outstanding shares of common stock. These shares have a par value of $0.30 each and are traded on The Nasdaq Capital Market LLC.
Is ZenaTech considered a well-known seasoned issuer?
No, ZenaTech, Inc. explicitly indicated in its 20-F/A filing that it is not a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. This classification impacts certain filing flexibilities and requirements.
Who is the primary contact person for ZenaTech, Inc.?
The primary contact person for ZenaTech, Inc. is Shaun Passley, PhD. His contact information includes the business address at 777 Hornby Street, Suite 600, Vancouver, British Columbia, Canada V6Z 1S4, and a business phone number of (647) 249-1622.
What is ZenaTech's industry classification?
ZenaTech, Inc. is classified under the Standard Industrial Classification (SIC) code 7372, which corresponds to 'SERVICES-PREPACKAGED SOFTWARE'. This indicates the company operates within the prepackaged software services sector.
Has ZenaTech complied with SEC filing requirements in the past year?
Yes, ZenaTech, Inc. indicated by check mark in its 20-F/A that it has filed all reports required by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months and has been subject to such filing requirements for the past 90 days.
Where are ZenaTech's principal executive offices located?
ZenaTech, Inc.'s principal executive offices are located at 777 Hornby Street, Suite 600, Vancouver, British Columbia, Canada V6Z 1S4. This address is also used for their mail correspondence.
What is the trading symbol for ZenaTech's common stock?
The trading symbol for ZenaTech, Inc.'s common stock is ZENA. These shares are registered on The Nasdaq Capital Market LLC.
When was ZenaTech's 20-F/A amendment filed?
ZenaTech, Inc.'s 20-F/A amendment (Amendment No. 1) was filed with the SEC on June 11, 2025. The conformed period of report for this annual report is for the fiscal year ended December 31, 2024.
What is the significance of ZenaTech confirming it's not an 'emerging growth company'?
The filing indicates ZenaTech is not an 'emerging growth company' (it's a non-accelerated filer). This means it is subject to full compliance with certain disclosure and accounting requirements that emerging growth companies are exempt from, potentially signaling a more mature regulatory posture to investors.
Industry Context
ZenaTech operates within the prepackaged software services sector (SIC 7372). This industry is characterized by rapid technological advancements, intense competition, and evolving customer demands for integrated solutions. Companies in this space often compete on innovation, pricing, and the ability to provide ongoing support and updates for their software products.
Regulatory Implications
As a foreign private issuer filing with the SEC, ZenaTech must adhere to U.S. securities laws and regulations, including timely filing of annual reports (Form 20-F) and amendments. The company's confirmation of meeting filing requirements and submitting interactive data files indicates compliance with these obligations, mitigating risks associated with regulatory non-compliance.
What Investors Should Do
- Monitor future filings for financial performance updates.
- Review the company's business description and risk factors in the full 20-F filing.
- Assess the implications of not being a 'well-known seasoned issuer'.
Key Dates
- 2024-12-31: Fiscal Year End — Marks the end of the reporting period for the annual financial statements.
- 2025-06-11: Filing of 20-F/A Amendment No. 1 — The date the company officially submitted its amended annual report to the SEC, indicating updates to its disclosures.
Glossary
- 20-F/A
- An amendment to a Form 20-F, which is an annual report required by the U.S. Securities and Exchange Commission (SEC) for foreign private issuers. An 'A' indicates an amendment. (This filing is an amendment to ZenaTech's annual report, suggesting updates or corrections to previously filed information.)
- Well-Known Seasoned Issuer
- A class of issuer that meets certain size and reporting history requirements, allowing for streamlined registration processes for new securities offerings. (ZenaTech explicitly states it is not a well-known seasoned issuer, which may impact its ability to conduct certain types of public offerings efficiently.)
- Section 13 or 15(d) of the Securities Exchange Act of 1934
- Sections of the U.S. Securities Exchange Act of 1934 that mandate periodic reporting requirements for companies whose securities are registered with the SEC. (ZenaTech confirms it has met these reporting requirements for the preceding 12 months, indicating ongoing compliance with SEC disclosure rules.)
- Interactive Data File (Rule 405 of Regulation S-T)
- Electronic data files submitted to the SEC in a standardized format (like XBRL) that allows for automated processing and analysis of financial information. (ZenaTech's confirmation of submitting these files electronically demonstrates adherence to modern digital disclosure standards.)
- SIC Code 7372
- Standard Industrial Classification code for 'SERVICES-PREPACKAGED SOFTWARE', categorizing companies involved in the sale and distribution of pre-written software packages. (This code defines ZenaTech's primary business sector, providing context for its operations within the software industry.)
- Par Value per Share
- A nominal value assigned to a share of stock in a company's charter, often a very small amount (e.g., $0.01 or $0.30), with little relation to the market value. (ZenaTech's common stock has a par value of $0.30 per share, a basic accounting figure that contributes to the stated capital on the balance sheet.)
Year-Over-Year Comparison
This filing is an amendment (20-F/A) to the annual report for the fiscal year ended December 31, 2024. As it is an amendment, it primarily serves to update or clarify information rather than present entirely new comparative financial data. Therefore, a direct comparison of key metrics like revenue growth or margin changes to a prior year's filing is not feasible based solely on this amendment. The filing confirms ZenaTech's ongoing compliance with SEC reporting requirements, including the submission of interactive data files.
Filing Details
This Form 20-F/A (Form 20-F/A) was filed with the SEC on June 11, 2025 by Shaun Passley, PhD regarding ZenaTech, Inc. (ZENA).