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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File Number: 0-22413
NOTIFICATION OF LATE FILING OF FORM 10-K
For Period Ended: December 31, 1999
PART I
REGISTRANT INFORMATION
Full name of registrant: UNIVEC, INC.
Former name if applicable: N/A
Address of principal executive office (Street and number)
22 Dubon Court
City, state and zip code: Farmingdale, New York 11735
PART II
RULE 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.)
|X| (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 will be filed on or
before the 15th 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.
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PART III
NARRATIVE
The Registrant has a small administrative staff. All of the
information necessary to complete the report could not be
obtained in sufficient time to allow for a timely filing without
unreasonable effort and expense.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification
Joel Schoenfeld 516 777-2000
(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 report(s) been filed? If the 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
Revenues for the fiscal year ended December 31, 1999, increased to
approximately $3,344,559 from $1,846,949 in the prior year. In both years,
revenues consisted of product sales only. The net loss for the year ended
December 31, 1999, was $1,158,942 compared with $1,897,206 for the prior year.
UNIVEC, INC.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: March 31, 2000 By: /s/ Joel Schoenfeld
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Chairman of the Board of Directors
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