U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
SEC FILE NUMBER:0-22982
CUSIP NUMBER: 639208107
[X] Form 10-K [ ] Form 20-F [ ] Form 11-K
[ ] Form 10-Q and Form 10-QSB [ ] Form N-SAR
For Period Ended: March 31, 1998
[ ] 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
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: Not Applicable.
PART I--REGISTRANT INFORMATION
Full Name of Registrant: Navarre Corporation ("Registrant")
Former Name if Applicable: Not applicable
Address of Principal Executive Office (Street and Number):
7400 49th Avenue North
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City, State and Zip Code: New Hope MN 55428
PART II--RULES 12B-25(b) AND (c)
If the subject report could not be filed without reasonable 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 Form 10-K (Proxy) will be filed on or before the fifteenth
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 the Form 10-KS could not be
filed within the prescribed time period.
The Registrant's Form 10K was timely filed. The Registrant's definitive Proxy
will be filed 122 days from the end of the Company's fiscal year rather than 120
days due to the Company's need to reconcile the Company's Common Stock
outstanding with the Company's Transfer Agent records due to conversion of
preferred stock. The definitive Proxy Statement will be filed on July 31, 1998.
<PAGE>
PART IV--OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification:
Kathy Conlin (612) 535-8333
(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 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?
Not applicable
[ ] Yes [ ] No
See Part III.
NAVARRE 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: July 30, 1998
____________________________
Kathy Conlin, Controller
