===============================================================================
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
------------------------
FORM 8-K
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
------------------------
Date of Report (Date of Earliest Event Reported): April 16, 2002
Adelphia Business Solutions, Inc.
- -------------------------------------------------------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware
- -------------------------------------------------------------------------------
(State or Other Jurisdiction of Incorporation)
000-21605 25-1669404
- ------------------------------------- --------------------------------------
(Commission File Number) (I.R.S. Employer Identification No.)
One North Main Street
Coudersport, PA 16915-1141
- ----------------------------------------------- ------------------------------
(Address of Principal Executive offices) (Zip Code)
(814) 274-9830
- -------------------------------------------------------------------------------
(Registrant's Telephone Number, Including Area Code
Not Applicable
- -------------------------------------------------------------------------------
(Former Name or Former Address, if changed Since Last Report)
===============================================================================
Item 5. Other Events and Regulation FD Disclosure.
On April 1, 2002, the Registrant filed a Form 12b-25 Notification of
Late Filing with respect to its inability to complete its financial statements,
receive the independent auditor's report thereon, or file its annual report on
Form 10-K for the fiscal year ended December 31, 2001 within the prescribed time
period without unreasonable effort or expense. The Registrant has since been
informed that Adelphia Communications Corporation ("Adelphia") is yet unable to
complete its financial statements, receive the independent auditor's report
thereon, or file its Form 10-K. Because prior to January 11, 2002, the
Registrant was a consolidated subsidiary of Adelphia, the Registrant will be
unable to complete its financial statements, receive the independent auditor's
report or file its Form 10-K for the fiscal year ended December 31, 2001, until
Adelphia completes its financial statements and receives an independent
auditor's report thereon. At this time, the Registrant has received no
indication as to when Adelphia will complete its financial statements and
receive an independent auditor's report thereon.
For these reasons, the Registrant remains unable to complete its
financial statements, receive the independent auditor's report thereon, or file
its Form 10-K within the prescribed time period (as extended on April 1, 2002,
in accordance with Rule 12b-25 under the Securities Exchange Act of 1934, as
amended).
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
as amended, the registrant has duly caused this Report to be signed on its
behalf by the undersigned thereunto duly authorized.
ADELPHIA BUSINESS SOLUTIONS, INC.
By: /s/ Edward E. Babcock
---------------------------
Name: Edward E. Babcock
Title: Vice President of Finance
Date: April 16, 2002.