ARR · NYSE
It filed on time and stood behind its numbers. Of companies scoring zero, 4.0% were delisted, went bankrupt, restated or stopped filing within the following year.
Hover or tap a dot to see the filings behind that score.
ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K”). The independent members of the Board of Directors of the Company have formed a special committee (the “Special Committee”) comprised of certain of the independent directors, which Special Committee has commenced an internal investigation to review issues raised internally at the Company in late January 2024. The issues generally relate, among other things, to (a) the appropriateness of reporting Distributable Earnings and Net Interest Margin, which are non-GAAP financial measures, in earnings releases and the Company’s public filings with the Securities and Exchange Commission (the “SEC”) and the methods of calculating such measures; (b) the Company’s considerations with respect to reviewing and evaluating its external manager, ARMOUR Capital Management LP and (c) certain of the internal controls over financial reporting and disclosure controls and procedures of the Company. The Special Committee, which promptly began its work in early February 2024, has engaged outside counsel to assist in the process and ARMOUR’s independent registered public accounting firm has been notified of the investigation, which remains ongoing. As stated below, the Company does not anticipate any material changes to financial information previously disclosed or released by the Company. In the meantime, the day-to-day operations of the Company and its broker-dealer affiliate, BUCKLER Securities, LLC (“BUCKLER”), are expected to continue uninterrupted during the Special Committee’s review. In this regard, the Company’s $200.0 million secured demand note commitment to BUCKLER will remain in place and continue to provide capital for BUCKLER
NT 10-K, filed 2024-03-01 · investigation
ARMOUR Residential REIT, Inc. (“ARMOUR” or the “Company”) is filing this Notification of Late Filing on Form 12b-25 with respect to its Annual Report on Form 10-K for the fiscal year ended December 31, 2023 (the “Form 10-K”). The independent members of the Board of Directors of the Company have formed a special committee (the “Special Committee”) comprised of certain of the independent directors, which Special Committee has commenced an internal investigation to review issues raised internally at the Company in late January 2024. The issues generally relate, among other things, to (a) the appropriateness of reporting Distributable Earnings and Net Interest Margin, which are non-GAAP financial measures, in earnings releases and the Company’s public filings with the Securities and Exchange Commission (the “SEC”) and the methods of calculating such measures; (b) the Company’s considerations with respect to reviewing and evaluating its external manager, ARMOUR Capital Management LP and (c) certain of the internal controls over financial reporting and disclosure controls and procedures of the Company. The Special Committee, which promptly began its work in early February 2024, has engaged outside counsel to assist in the process and ARMOUR’s independent registered public accounting firm has been notified of the investigation, which remains ongoing. As stated below, the Company does not anticipate any material changes to financial information previously disclosed or released by the Company. In the meantime, the day-to-day operations of the Company and its broker-dealer affiliate, BUCKLER Securities, LLC (“BUCKLER”), are expected to continue uninterrupted during the Special Committee’s review. In this regard, the Company’s $200.0 million secured demand note commitment to BUCKLER will remain in place and continue to provide capital for BUCKLER
reportingrisk.com scores every active US filer on three things a company tells the SEC about itself: late-filing notices on Form NT, 8-K item 4.02 (past accounts declared unreliable) and 4.01 (auditor changes). 1,012 are flagged today.
Every score is frozen and checked twelve months later. Across 91,452 of them, a company scoring 4 or more ended that year delisted, bankrupt, restated or silent 17.2% of the time, against 4.0% for a clean record. Scores before 2026-09-27 were reconstructed from the filing history as it stood at each date, so the record is a backtest rather than years of live calls.
See the ledger → Every company the score flagged that later failed, what it told the SEC on the way down, and the ones it missed.Every item above is a filing this company
made with the SEC.
Snapshot 2026-11-04 · data from SEC EDGAR (public domain) · not
investment advice