Commission File No.: 000-21105
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One): | | Form 10-K and Form 10-KSB |_| Form 11-K |_| Form 20-F
|X| Form 10-Q and 10-QSB |_| Form N-SAR
For Period Ended: April 30, 2000
[ ] 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:
Read Instruction (on back page) 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.
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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:
PART I - REGISTRANT INFORMATION
RESEARCH PARTNERS INTERNATIONAL, INC.
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Full Name of Registrant
N/A
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Former Name if Applicable
One State Street Plaza
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Address of Principal Executive Office (Street and Number)
New York, New York 10004
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City, State and Zip Code
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, 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; and
|_| (c) The accountant's statement or other exhibit required by Rule 12b-25(c)
has been attached if applicable.
<PAGE>
PART III - NARRATIVE
State below in reasonable detail the reasons why the Form 10-K and Form 10-KSB,
Form 11-K, Form 10-Q and Form 10-QSB, Form N-SAR, or the transition report or
portion thereof, could not be filed within the prescribed time period. (Attach
Extra Sheets if Needed)
As a result of the recent departure of our Chief Financial Officer, the Company
experienced a delay in coordinating its annual report.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Robert Rosenberg, Chief Financial Officer (212) 208-6565
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(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 reports) been filed? If 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? |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 Registrant's revenues for the quarterly period ended April 30, 1999 were
$12,749,000, as compared to revenues of $21,377,000 for the quarterly period
ended April 30, 2000. The Registrant's net income for the quarterly period ended
April 30, 1999 was $617,000, as compared to a net loss of $1,312,000 for the
quarterly period ended April 30, 2000. Revenues in the latest period benefited
from a sharp increase in commission income. The decline in profitability in the
latest period was primarily attributable to start-up and promotional expenses at
EarlyBirdCapital.com, the company's electronic investment bank, as well as an
unusual level of trading losses at GKN Securities, during the turbulent market
environment.
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RESEARCH PARTNERS INTERNATIONAL, INC.
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(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: June 15, 2000 By: /s/ Robert Rosenberg
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Robert Rosenberg, Chief Financial Officer
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 filed with the form.
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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