U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File No. 0-26265
(Check One): [ X ] Form 10-K [ ] Form 11-K [ ] Form 20-F [ ] Form 10-Q
[ ] Form N-SAR
For Period Ended: June 30, 2000.
[ ] Transition Report on Form 10-K or Form 10-KSB
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q or Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: Not Applicable
Read attached instruction sheet before preparing form. Please print or
type.
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: Not Applicable
Part I
Registrant Information
Full Name of Registrant: Garden.com, Inc.
Former Name if Applicable: Not Applicable
Address of Principal Executive Office (Street and Number): 3301 Steck Avenue
City, State and Zip Code: Austin, TX 78757
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Part II
Rules 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)
| (a) The reason described in reasonable detail in Part III of this form
| could not be eliminated without unreasonable effort or expense;
|
| (b) The subject annual report, semiannual report, transition report on
| Form 10-K, Form 20-F, Form 11-K or Form N-SAR, or portion thereof will
| be filed on or before the fifteenth calendar day following the
[x]| prescribed due date; or the subject quarterly report or transition
| report on Form 10-Q, or portion thereof will be filed on or before the
| fifth 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.
Part III
Narrative
State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed.)
The registrant could not file its annual report on Form 10-K for the year
ended June 30, 2000 on the prescribed filing date for the following reasons:
The Company's management has been focusing on efforts to raise
financing and on a recently announced restructuring of the Company's
business. Due the extraordinary demands upon management's time with
respect to these activities in the weeks preceding the required filing
date for the Form 10-K, the Company was not able complete the Company's
Form 10-K by the required filing date, September 28, 2000.
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Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Jana D. Wilson, Chief Financial Officer 512-532-4000
(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
The Company anticipates that it will report revenues of $15.5 million and a
net loss applicable to common stockholders of $38.7 million for the year ended
June 30, 2000 as compared to revenues of $5.4 million and a net loss applicable
to common stockholders of $21.8 million for the year ended June 30, 1999. The
Company also anticipates that the independent auditor's report on its
consolidated financial statements in the Form 10-K for the fiscal year ended
June 30, 2000, will be qualified as to the Company's ability to continue as a
going concern.
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Garden.com, Inc. has caused this notification to be signed on its behalf by
the undersigned thereunto duly authorized.
Dated this 29th day of September, 2000.
GARDEN.COM, INC.
BY /s/ Jana D. Wilson
---------------------------------
Jana D. Wilson, Chief Financial
Officer
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