FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER
0-6933
CUSIP NUMBER
132008
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 10-K
For Period Ended: December 31, 1997
PART 1 - REGISTRANT INFORMATION (OFFICIAL TEXT)
Full Name of Registrant:
CAMBEX CORPORATION
Address of Principal Executive Office (Street and Number)
360 SECOND AVENUE
WALTHAM, MA 02154
PART II - RULES 12b-25(b) and (c) OFFICIAL TEXT
The subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b) as follows:
(b)The subject annual report, semi-annual report, transition report on
Form 10-K or portion thereof, will be filed on or before the fifteenth
calendar day following the prescribed due date.
PART III - NARRATIVE (OFFICIAL TEXT)
State below in reasonable detail the reasons why the Form 10-K or the
transition report or portion thereof, could not be filed within the prescribed
time period.
The Form 10-K for the period ended December 31, 1997 cannot be filed
within the prescribed time period because additional time is required
because the Company has been unable to engage an auditing firm due to
its Chapter 11 proceedings.
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PART IV - OTHER INFORMATION (OFFICIAL TEXT)
(1) Name and telephone number of person to contact in regard to this
notification:
Sheldon M. Schenkler 781 - 890-6000
(2) 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 we, the registrant, were required to file such report(s)
have been filed.
(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 statement to be included in the subject report or portion
thereof?
YES. The Company's revenues decreased 57% in 1997 compared to 1996.
The Company's net loss of approximately $6,600,000 is approximately 21% less
than the loss reported for the comparable period of the prior year.
CAMBEX CORPORATION
(Name of Registrant As Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: March 30, 1998
By: Sheldon M. Schenkler
Sheldon M. Schenkler
Chief Financial Officer
