On February 29, 2016, SunEdison filed a Notification of Late Filing on Form 12b-25 with the SEC disclosing that SunEdison would be unable to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2015. On this news, the price of Vivint shares fell $1.37 per share, or over 17%, to close at $6.52 per share on March 1, 2016.