<PAGE> 1
FORM 12b-25
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
NOTIFICATION OF LATE FILING Commission File No. 0-25634
(Check One): [ ] Form 10-K [ ] Form 20-F [ ] Form 11-K
[X] Form 10-Q [ ] Form N-SAR
For the Fiscal Quarter Ended March 31, 2000
[ ] 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 Transaction Period Ended: Not Applicable
<TABLE>
<S> <C>
PART I - REGISTRANT INFORMATION
Full name of registrant: American Architectural Products Corporation
Former name: Not Applicable
Address of Principal Executive Office: 3000 Northwest 125th Street
Miami, Florida 33167
</TABLE>
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):
[X] (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, 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 the Form 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 has not yet filed its Annual Report on Form 10-K for the year ended
December 31, 1999. As previously disclosed, the Company relocated its corporate
offices during late 1999, which resulted in attrition leading to significant
staffing constraints. In addition, the Company's chief financial officer
resigned effective December 31, 1999. The Company also implemented significant
changes in its internal information systems during 1999, which have resulted in
the delayed closing of the year-end 1999 financial records for some of the
Company's subsidiaries and operating divisions. As a result, the Company has
been delayed in compiling the information necessary for completing the audit of
its financial statements for 1999. The Company will file its Annual Report on
Form 10-K as promptly as possible following finalization of its audited
financial statements for 1999.
Since the Company has not yet finalized its audited financial statements for the
year ended December 31, 1999, it is not able to complete its unaudited financial
statements for the three-month period ended March 31, 2000. The Company will
complete its first quarter 2000 financial statements as promptly as possible
following finalization of
<PAGE> 2
its audited financial statements for 1999 and will file its Form 10-Q for the
three months ended March 31, 2000 as promptly as possible after the first
quarter financial statements are finalized.
PART IV - OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to
this notification:
William T. Hull (305) 681-0848
--------------- --------- --------
(Name) (Area Code) (Telephone Number)
(2) Have all other 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?
Yes [ ] No [X]
(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?
Yes [X] 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.
In March 2000, the Company sold substantially all of the assets of
Western Insulated Glass, Co., a wholly-owned subsidiary manufacturing
high-end aluminum residential and architectural windows in Phoenix,
Arizona. The Company recorded a gain of $3.6 million on the sale of
these assets.
American Architectural Products Corporation
-------------------------------------------
(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 16, 2000 By: /S/ William T. Hull
-----------------------
William T. Hull
Chief Financial Officer
