FORM 12b-25
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 12B-25
SEC FILE NUMBER 0-25736
CUSIP NUMBER 002067106
NOTIFICATION OF LATE FILING
(Check One): [ ] Form 10K and Form 10-KSB [ ] Form 11-K [ ]Form 20F [X]Form 10-Q
[ ] Form N-SAR
For Period Ended: May 31, 1999
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[ ] Transition Report on Form 10-K [ ] Transition Report on Form 10-Q
[ ] Transition Report on Form 20F [ ] Transition report on Form N-SAR
[ ] Transition Report on Form 11-K
For the Transition Period Ended:
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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:
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Part I. Registration Information
Full name of registrant: ATC Group Services Inc.
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Former name if applicable:
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Address of principal executive office (Street and number)
600 West Cummings Park Suite 6000
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City, State and Zip Code: Woburn, MA 01801
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Part II. Rule 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.)
[ ] (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, 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.
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Part III. Narrative
State below in reasonable detail the reasons why Form 10-K and Form
10-KSB, 20-F, 11-K, 10-Q, and Form 10-QSB, N-SAR or the transition report
portion thereof could not be filed within the prescribed time period.
Please see the attached sheet.
Part IV. Other Information
(1) Name and telephone number of person to contact in regard to
this notification
Rachael Trant 781 937-3320 ext. 326
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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 report(s) been
filed? If the answer is no, identify report(s).
[ ] Yes [X] No
As of the date hereof, the registrant had not filed its Annual Report on
Form 10-K for the fiscal year ended February 28, 1999.
(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.
ATC Group Services, 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
thereunto duly authorized.
Date: July 15, 1999 By: /s/ Rachael Trant
Name: Rachael Trant
Title: Controller/Asst. Treasurer
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Supplement to
FORM 12b-25
of
ATC GROUP SERVICES, INC.
dated July 15, 1999
PART III. NARRATIVE
The registrant is continuing to experience liquidity constraints and is
currently negotiating with its principal creditors in order to effectuate a
comprehensive financial restructuring. The executive officers of the registrant
with principal responsibility for preparation of the Form 10-Q are involved in
these negotiations and accordingly the Form 10-Q cannot be timely and accurately
completed without unreasonable effort.
PART IV. OTHER INFORMATION
3. The registrant anticipates a significant net loss for the fiscal quarter
ended May 31, 1999. However, given the circumstances discussed in Part III of
this Form 12b-25, an estimate of the actual results of operations for such
quarter cannot be made as of the date of this filing.
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