National American University Holdings Inc 2025年度报告

A Delaware Corporation 4020 Jackson Blvd, Suite 1Rapid City, SD 57702( 6 0 5 ) 7 2 1 - 5 2 0 0https://www.national.edu SIC Code:822101 Quarterly ReportFor Quarter Ended November 30, 2025 The number of shares outstanding of our Common Stock is 24,715,070 as of November 30, 2025. OTCQB: NAUH Indicate by check mark whether the company is a shell company (as defined in Rule 405 of the Securities Act of 1933 andRule 12b-2 of the Exchange Act of 1934): Indicate by check mark whether the company’s shell status has changed since the previous reporting period: Indicate by check mark whether a change in control of the company has occurred over this reporting period: National American University Holdings, Inc.Information and Disclosure StatementFor the Quarter Ended November 30, 2025 All information contained in this Annual Information and Disclosure Statement has been compiled to fulfill thedisclosure requirements of OTC Markets Group, Inc. and Rule 15c2-11 under the Securities Exchange Act of1934. The captions contained herein correspond to the sequential format as set forth in the applicabledisclosure guidelines of OTC Markets Group, Inc. All dollar amounts are presented in thousands, exceptdividend and other per share data. Quantitative share data, among other non-dollar figures, are not presentedin thousands. Forward-Looking Statements This Annual Information and Disclosure Statement contains "forward-looking statements" as that term isdefined in the Private Securities Litigation Reform Act of 1995. All statements except historical statementscontained herein constitute “forward-looking statements.” Forward-looking statements are inherently uncertainand are based only on current expectations and assumptions that are subject to future developments that maycause results to differ materially. Readers should carefully consider: (i) economic, competitive, technologicaland governmental factors affecting operations, customers, markets, services, products and prices of NationalAmerican University Holdings, Inc. (“NAUH”); (ii) risk factors affecting the private for-profit higher educationindustry; and (iii) other factors discussed in NAUH's annual reports, quarterly reports, Information andDisclosure Statements and other documents posted from time to time on the OTCQB website (available atwww.otcmarkets.com), including without limitation, the description of the nature of NAUH's business and itsmanagement discussion and analysis of financial condition and results of operations for reported periods.Except as required by law or the OTC Markets Group, Inc., NAUH undertakes no obligation to update, and isnot responsible for updating, the information contained or incorporated by reference in this document beyondthe publication date, whether as a result of new information or future events, or to conform this document toactual results or changes in NAUH's expectations, or otherwise or for changes made to this document by wireservices or Internet services. Part AGeneral Company Information Item 1Exact name of the issuer and the address of its principal executive offices National American University Holdings, Inc.4020 Jackson Blvd, Suite 1Rapid City, SD 57702(605) 721-5200https://www.national.edu Principal Corporate Office: National American University Holdings, Inc.P.O. Box 677Rapid City, SD 57709 Mailing Address: The Equity Group, Inc.800 Third Avenue 36th FloorNew York, NY 10022Telephone: (212) 836-9600Contact: Loren MortmanEmail: lmortman@equityny.com Investor Relations: Item 2Shares outstanding Common Stock November 30, 2025Number of Shares Authorized50,000,000Number of Shares Outstanding24,715,070Total Number of Shareholders of Record42 As of November 30, 2025, the Company has 269 beneficial shareholders of record owning at least 100shares. Preferred Stock November 30, 2025Number of Shares Authorized1,000,000Number of Shares Outstanding0Total Number of Shareholders of Record0 Class A Common Stock November 30, 2025Number of Shares Authorized100,000Number of Shares Outstanding0Total Number of Shareholders of Record0 Please refer to Financial Statements Footnote #6 for Stockholders’ Equity notes. Item 3Interim Financial Statements The following pages contain National American University Holdings, Inc.’s quarterly consolidated balancesheet, consolidated statement of operations, and consolidated statements of cash flow. National American University Holdings, Inc. and SubsidiaryUnaudited Consolidated Balance Sheets as of November 30, 2025(In thousands) National American University Holdings, Inc. and SubsidiaryUnaudited Consolidated Statements of IncomeFor the Six Months Ended November 30, 2025 (In thousands) National American University Holdings, Inc. and SubsidiaryUnaudited Consolidated Statements of Cash FlowFor the Six Months Ended November 30, 2025 Cash Flows from Operating Activities:Net Income36$Adjustments to Reconcile Net Income to Net Cash Flows provided by Operating Activities:Depreciati