UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
UNDER THE SECURITIES EXCHANGE ACT OF 1934
NOTIFICATION OF LATE FILING
SEC File Number: 001-10281
(Check One):
/ / Form 10-K / / Form 11-K / / Form 20-F /x/ Form 10-Q / / Form N-SAR
For Period Ended: March 31, 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:
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: N/A
Full Name of Registrant: Smith Corona Corporation
Former Name if Applicable: N/A
Address of Principal Executive Office (Street and Number): 842 Bennie Road
City, State and Zip Code: Cortland, New York 13045
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 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 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.
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 or portion
thereof could not be filed within the prescribed period.
The Form 10-Q for the three months ended March 31, 2000 could not be filed
within the prescribed time period because the employees with responsibility
for financial reporting and accounting matters and other executive officers
left the employ of the Registrant. As a result of the unavailability of
such necessary assistance, the Registrant has been unavoidably delayed in
the preparation of certain financial and related disclosures. Consequently,
the subject report could not be filed without unreasonable effort or expense.
Part IV
Other Information
(1) Name and telephone number of person to contact in regard to this
notification:
Martin D. Wilson (607) 753-6011
(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 income statement information reflecting the results of operations of
the Registrant for the periods in the three months ended March 31, 2000,
will differ significantly from the results for the three months ended
March 31, 1999, due to continuing decline in typewriter and supplies market.
Due to the reasons described in Part III herein above, a reasonable estimate
of the results cannot be made at this time.
Smith Corona Corporation
(Name of Registrant as specified in charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: May 15, 2000
By: /s/Martin D. Wilson
Name: Martin D. Wilson
Title: President, Chief Executive Officer
and Chief Financial Officer
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90127516.01
DRAFT
5/15/00
90127516.01
