NASHUA CORP
NT 11-K, 1998-06-30
CONVERTED PAPER & PAPERBOARD PRODS (NO CONTANERS/BOXES)
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                   FORM 12b-25

                           NOTIFICATION OF LATE FILING

                        Commission File Number: 1-5492-1

(Check One): [ ] Form 10-K; (X) Form 11-K; [ ] Form 20-F; [ ] Form 10-Q and
             Form 10-QSB; [ ] Form N-SAR

For period ended: December 31, 1997

[ ] Transition Period on Form 10-K and Form 10-KSB 
[ ] Transition Period on Form 20-F 
[ ] Transition Period on Form 11-K 
[ ] Transition Period on Form 10-Q and Form 10-QSB 
[ ] Transition Period on Form N-SAR

For the transition period ended:_________________

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: _________________________________

                                     PART I

                             REGISTRANT INFORMATION

         NASHUA CORPORATION SAVINGS PLAN FOR SPECIFIED HOURLY EMPLOYEES
                            (Full Name of Registrant)

                               44 FRANKLIN STREET
                     (Address of Principal Executive Office)

                           NASHUA, NEW HAMPSHIRE 03061
                           (City, State and Zip Code)





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                                    - 2 -

                                   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 appropriate box.)

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, 10-KSB, 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 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;

[ ]    (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 Forms 10-K, 10-KSB, 20-F, 11-K,
10-QSB, 10-Q, N-SAR or the transition report or portion thereof could not be
filed within the prescribed time period.

       Due to the operational complexities of reporting the activities of our
       savings plan, we were unable to complete the report and file it within
       the prescribed time period.



                                   PART IV

                              OTHER INFORMATION

(1)    Name and telephone number of person to contact in regard to this
       notification.

                Sheila M. Finan                     603-880-5998
                     (Name)                       (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


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(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? [ ] 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.

       NASHUA CORPORATION SAVINGS PLAN FOR SPECIFIED HOURLY EMPLOYEES has caused
       this notification to be signed on its behalf by the undersigned thereunto
       duly authorized.




                                           NASHUA CORPORATION
                                           SAVINGS PLAN FOR
                                           SPECIFIED HOURLY EMPLOYEES

Date: June 30, 1998                        By      /s/ Peter C. Anastos
                                              ----------------------------------
                                                    Peter C. Anastos
                                                    Vice President, General 
                                                    Counsel and Secretary  



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