SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
Commission File Number 0-25372
NOTIFICATION OF LATE FILING
(Check One): |X| Form 10-K |_| Form 11-K |_| Form 20-F |_| Form 10-Q
|_| Form N-SAR
For Period Ended: Fiscal Year ended March 31, 2000
|_| Transition Report on Form 10 |_| 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:
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PART I
REGISTRANT INFORMATION
Full name of Registrant Cotelligent, Inc.
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Former name if applicable
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Address of principal executive office (Street and Number) 101 California Street,
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Suite 2050
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City, state and zip code San Francisco, California 94111
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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.)
(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, 20-F, 11-K or Form N-SAR, or portion thereof will be
|X| 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 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, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed).
The Registrant is in the process of completing a divestiture of its IT
staff augmentation business, which will be reflected in its Form 10-K and the
audited financial statements to be filed therewith. The Registrant believes
that, in the interest of full disclosure, a definitive description of the closed
transaction and its impact on the Registrant's business should be included in
the Form 10-K. The transaction is expected to close on June 30, 2000; the
Registrant's financial statements can be finalized and the Form 10-K can be
completed and filed shortly thereafter.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Daniel E. Jackson 415 439-6400
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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 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.
Cotelligent, 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
thereunto duly authorized.
Date June 29, 2000 By: /s/ Daniel E. Jackson
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Name: Daniel E. Jackson
Title: Executive Vice President,
Chief Financial Officer and
Treasurer
Response to Part IV(3):
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As a result of the disposition of the Registrant's IT staff augmentation
business, the Registrant's financial statements will include this part of the
business as a discontinued operation of the Registrant. This disclosure is
material to the Registrant's financial statements.