U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
Commission File Number
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NOTIFICATION OF LATE FILING
(CHECK ONE):
[ ] Form 10-K and Form 10-KSB [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: 01/30/2000
[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20-F [ ] Transition Report on Form N-SAR
[ ] Transition Report on Form 11-K
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.
If the notification relates to a portion of the filing checked above,
identify the item(s) to which the notification relates:
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PART I--REGISTRANT INFORMATION
Full Name of Registrant: MicroAge, Inc.
Former Name if Applicable N/A
Address of Principal Executive Office 2400 South MicroAge Way,
(Street and Number)
City, State and Zip Code: Tempe, Arizona 85282-1896
<PAGE>
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.)
[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, Form 20-F, 11-K or Form N-SAR, or portion
thereof will be filed on or before the 15th 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
[ ] (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, 10-KSB, 20-F,
11-K, 10-Q, 10-QSB, N-SAR, or the transition report or portion thereof could not
be filed within the prescribed period.
Due to recent corporate restructuring and the elimination of several
hundred positions, the Registrant is unable to file its form 10-Q, for the
fiscal quarter ended January 30, 2000, and cannot do so by March 15, 2000, which
is the date the Registrant would otherwise be required to file, without
unreasonable effort or expense. The Registrant expects to file its 10-Q report
on or about Monday, March 20, 2000.
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Raymond L. Storck (480) 366-2000
(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.
The Company's net income for the fiscal quarter ending January 31, 1999 was
approximately $2 million. As a result of softer than anticipated product and
service demand, the Company will report a loss from continuing operations for
the first fiscal quarter ending January 30, 2000. In addition, as the Company
continues its cost reduction efforts, the Company will incur one-time charges
associated with facility closures and employee severance for the fiscal quarter.
The Company expects to finalize and publicly release its financial results for
the first fiscal quarter on or about March 20, 2000.
<PAGE>
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: March 16, 2000
MICROAGE, INC.
(Registrant)
BY: /s/ Raymond L. Storck
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Vice President, Controller, Chief
Financial Officer and Treasurer
