UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING SEC FILE NUMBER
811-02144
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(Check One): [ ] Form 10-K and Form 10-KSB [ ] Form 20-K CUSIP NUMBER
[ ] Form 11-K [X] Form 10-Q and Form 10-QSB 057213100
[ ] Form N-SAR ---------
For Period Ended: March 31, 2000
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[ ] Transition Report on Form 10-K and Form 10-KSB
[ ] Transition Report on Form 20-K
[ ] Transition Report on Form 11-K
[ ] Transition Report on Form 10-Q and Form 10-QSB
[ ] Transition Report on Form N-SAR
For the Transition Period Ended: ______________________
ReadInstruction (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
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 - REGISTRANT INFORMATION
BKF CAPITAL GROUP, INC.
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Full Name of Registrant
BAKER, FENTRESS & COMPANY
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Former Name if Applicable
ONE ROCKFELLER PLAZA
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Address of Principal Executive Office (Street and Number)
NEW YORK, NEW YORK 10020
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City, State and Zip Code
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2
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;
[X] (b) The subject annual report, semi-annual report, transition
report on Form 10-K, 10-KSB, 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, 10-QSB,
or the 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, 20-F, 11-K, 10-Q,
N-SAR, or the transition report or portion thereof, could not be filed within
the prescribed time period.
The Company's Quarterly Report on Form 10-Q for the three-month period ended
March 31, 2000 cannot be filed within the prescribed time period because the
Company is experiencing delays in preparing financial statements that reflect
the transition of the Company from a closed-end investment company to a holding
company whose primary asset is the investment management business of John A.
Levin & Co., Inc. The Company hereby confirms that the circumstances relating to
the delay in the completion of the quarterly report could not have been
eliminated by the Company without unreasonable effort and expense. The Company
undertakes that the outstanding quarterly report will be filed no later than the
fifth calendar day following the prescribed due date of the Form 10-Q.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Glenn A. Aigen (212) 332-8400
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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 answer
is no, identify report(s) [X] Yes [ ] No
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(3) It is 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? [ ] Yes [X] No
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3
If so, attach an explanation of the anticipated change, both narratively
change, both narratively and quantitatively, and, if appropriate, state
the reasons why a reasonable estimate of the results cannot be made.
Not applicable.
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BKF CAPITAL GROUP, 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: May 15, 2000 By: /s/ Norris Nissim
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Norris Nissim
Vice President, General Counsel
and Secretary
INSTRUCTION: This 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)
