U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
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SEC FILE NUMBER
0-10124
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(Check One):
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CUSIP NUMBER
053667 10 1
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[X] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K [ ] Form 10-Q and
Form 10-QSB [ ] Form N-SAR
For Period Ended: June 30, 1997
[ ] Transition Report on Form 10-K
[ ] Transition Report on Form 20-F
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ______________
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Nothing in this form shall be construed to imply that the Commission
has verified any information contained herein.
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If the notification relates to a portion of the filing checked above,
identify the Item(s) to which the notification relates: Not Applicable
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Part I--Registration Information
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Full Name of Registrant: Aviation Group, Inc.
Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number)
700 North Pearl Street
Suite 2170
Dallas, Texas 75201
CORPDAL:85645.2 33821-00002
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Part II--Rules 12b-25 (b) and (c)
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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, 20-F, 11-K, 10-Q or N-SAR, or portion
thereof will be filed on or before the fifteenth calendar day
following the 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
[X] (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
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State below in reasonable detail the reasons why annual report, quarterly
report, transition report on Form 10-and Form 10-KSB, 20-F, 11-K, 10-Q and Form
10-QSB or N-SAR or portion thereof could not be filed within the prescribed
period.
The Company closed its initial public offering on August 19, 1997. In
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addition, the Company's principal independent accountants changed effective
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September 3, 1997 as described in the Form 8-K Current Report dated August 19,
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1997. Consequently, the Company has not had adequate time to prepare for and
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complete its accounting and Form 10-KSB Annual Report. It is the Company's first
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experience filing a report as a reporting company.
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Part IV--Other Information
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(1) Name and telephone number of person to contact in regard to this
notification
Stuart Walker 214 922-8100 ext. 1104
(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
If so: attach an explanation of the anticipated change, both narratively
and quantitatively, and, if appropriate, state the reasons why a reasonable
estimate of the results cannot be made.
During the fiscal year ended June 30, 1997, the Company experienced a net
loss of $450,000 on revenues of $9,718,000 and cash flow of $100,000 provided by
operating activities.
CORPDAL:85645.2 33821-00002
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Aviation Group, 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: September 25, 1997
By: /s/ Lee Sanders
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Lee Sanders, President
INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be field with the form.
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ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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CORPDAL:85645.2 33821-00002
