U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12b-25
Commission File No. 000-16061
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10-K [ ] Form 11-K [ ] Form 20-F [ X ] Form 10-Q
[ ] Form N-SAR
For Period Ended: September 30, 1999
[ ] 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: 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: Criticare Systems, Inc.
Former Name if Applicable: Not Applicable
Address of Principal Executive Office (Street and Number): 20925 Crossroads
Circle
City, State and Zip Code: Waukesha, WI 53186
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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)
The reason described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(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
/x/ 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
(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. (Attached extra sheets if needed.)
The registrant could not file its annual report on Form 10-Q for the
quarter ended September 30, 1999 on the prescribed filing date for the following
reasons:
The Company appointed BDO Seidman, LLP ("BDO") as its independent auditors
to audit the Company's financial statements for the year ended June 30, 1999.
The Company appointed BDO following the resignation of its former independent
auditors on October 5, 1999. The Company believes that it should not file its
Form 10-Q for the quarter ended September 30, 1999 until after the Company has
filed a Form 10-K/A containing audited financial statements for the year ended
June 30, 1999. The Company anticipates that it will file its Form 10-Q promptly
after it files its Form 10-K/A.
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Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Joseph M. Siekierski, Vice President - Finance 414-798-8282
(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).
[] Yes [X] 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?
[] Yes [X] No
Criticare Systems, Inc. has caused this notification to be signed on its
behalf by the undersigned thereunto duly authorized.
Dated this 15th day of November, 1999.
CRITICARE SYSTEMS, INC.
BY /s/ Joseph M. Siekierski
---------------------------
Joseph M. Siekierski, Vice President-
Finance
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