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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12B-25 ---------------
SEC FILE NUMBER
33-19598-D
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NOTIFICATION OF LATE FILING ---------------
CUSIP NUMBER
630080109
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(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: September 30, 1998
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[ ] 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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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
Nanopierce Technologies, Inc.
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Full Name of Registrant
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Former Name if Applicable
370 Seventeenth Street, Suite 3580
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Address of Principal Executive Office (Street and Number)
Denver, Colorado 80202
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City, State and Zip Code
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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)
(a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
(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
[X] 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-QSB, 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 Forms 10-K and Form 10-KSB, 20-
F, 11-K, 10-Q and Form 10-QSB, N-SAR, or the transition report or portion
thereof, could not be filed within the prescribed time period.
Please See Attached.
PART IV -- OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification.
Paul H. Metzinger (303) 592-1010
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(Name) (Area Code and Telephone No.)
(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
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.
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Nanopierce Technologies, Inc.
(Name of Registrant as Specified in Charter)
has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date November 16, 1998 By /s/ Paul H. Metzinger
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Paul H. Metzinger, Director and
Executive Vice 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 filed with the form.
ATTENTION
INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACT CONSTITUTE
FEDERAL CRIMINAL VIOLATIONS (SEE 18 U.S.C. 1001).
GENERAL INSTRUCTIONS
1. This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General
Rules and Regulations under the Securities Exchange Act of 1934.
2. One signed original and four conformed copies of this form and amendments
thereto must be completed and filed with the Securities and Exchange
Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the
General Rules and Regulations under the Act. The information contained in
or filed with the form will be made a matter of public record in the
Commission files.
3. A manually signed copy of the form and amendments thereto shall be filed
with each national securities exchange on which any class of securities of
the registrant is registered.
4. Amendments to the notifications must also be filed on form 12b-25 but need
not restate information that has been correctly furnished. The form shall
be clearly identified as an amended notification.
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5. Electronic Filers. This form shall not be used by electronic filers unable
to timely file a report solely due to electronic difficulties. Filers
unable to submit a report within the time period prescribed due to
difficulties in electronic filing should comply with either Rule 201 or
Rule 202 of Regulation S-T ((S)232.201 or (S)232.202 of this chapter) or
apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation
S-T ((S)232.13(b) of this chapter).
PART III - NARRATIVE
On February 26, 1998, the Registrant acquired all or substantially all of the
assets, including the intellectual properties, consisting of patents, patents
applications pending, patent applications in preparation, trade secrets, trade
names and trademarks relating to a certain particle interconnect technology from
Particle Interconnect Corporation, a Colorado corporation and a wholly owned
subsidiary of Intercell Corporation. Since the acquisition, the Registrant has
spent a substantial amount of time and effort retaining new management,
evaluating its product lines and securing financing. As part of its financing
efforts, the Registrant has devoted a significant amount of time and resources
to the preparation of a registration statement which it intends to file shortly.
Because of such matters and the need to properly reflect the acquisition on its
accounting records, the time necessary for management to arrange and complete
the appropriate books and records for the Registrant has taken longer than
anticipated. As a result, the Registrant has been unable to complete in a
timely manner the preparation of its Quarterly Report on Form 10-QSB for the
fiscal quarter ended September 30, 1998.
PART IV - OTHER INFORMATION
3. The Registrant has previously reported that net sales for the quarters
ended September 30, 1997 and September 30, 1996 were $1,169 and $0
respectively, and that net losses applicable to common stockholders for
such periods were $(.01) and $(.04) respectively. While the Registrant
currently is unable to estimate net sales and operating results for the
quarter ended September 30, 1998, the Registrant has no reason to believe
that trends for such quarter will not continue.
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