SECURITIES
AND EXCHANGE COMMISSION | ||||||||||
WASHINGTON,
DC 20549 | ||||||||||
FORM
12b-25 | ||||||||||
NOTIFICATION
OF LATE FILING | ||||||||||
SEC
FILE NUMBER |
001-12865
| |||||||||
CUSIP
NUMBER |
315646109
| |||||||||
||
|
Form
10-K |
| |
|
Form
20-F |
| |
|
Form
11-K |
|X |
|
Form
10-Q |
| |
|
Form
NSAR |
Part
I-Registrant Information | |
Full
name of Registrant: |
FiberMark,
Inc. |
Former
name if Applicable: |
|
Address
of Principal Executive Office (Street and Number): |
161
Wellington Road, P O Box 498 |
City,
State and Zip Code: |
Brattleboro,
VT 05302 |
(a)
The
reasons described in 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 of Forms
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 portion thereof will be filed
on or before the fifth calendar day following the prescribed due date;
and |
1. |
FiberMark’s
Form 10-K was filed on May 4, 2005, due to the burdensome requirements of
the chapter 11 process that delayed the completion of work in connection
with the preparation of the 2004 financial statements. This delay caused
an additional delay in the completion of the first quarter 2005 financial
statements and the subsequent review by our independent auditors under
Statement of Auditing Standards No. 100, “Interim Financial Information”
(SAS 100) of the unaudited Condensed Consolidated Financial Statements for
the period ended March 31, 2005. |
(1) |
Name
and telephone number of person to contact in regard to this
notification: |
(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?
|
(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 |
1. |
Interest
expense was reduced by $8.5 million due to the cessation of interest
accruals on the senior notes during the bankruptcy
process. |
2. |
Reorganization
expenses related to the chapter 11 proceedings, including professional
fees and accruals for key employee retention payments, were substantially
lower in the first quarter of 2005. In 2004 the company recorded
reorganization expenses of $12.0 million, including $10.0 million related
to the write off of deferred financing costs and unamortized discounts on
the senior notes. |