OMB APPROVAL

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 12b-25

 

NOTIFICATION OF LATE FILING

 

OMB Number: 3235-0058
Expires: August 31, 2015
Estimated average burden hours per response . . . . . . 2.50

SEC FILE NUMBER

CUSIP NUMBER

 

(Check one):

 

o Form 10-K

o Form 20-F

o Form 11-K

x Form 10-Q

o Form 10-D

 

 

o Form N-SAR

o Form N-CSR

 

 

 

 

 

 

 

 

 

 

 

 

For Period Ended:

June 30, 2014

 

 

o Transition Report on Form 10-K

 

 

 

 

o Transition Report on Form 20-F

 

 

 

 

o Transition Report on Form 11-K

 

 

 

 

o Transition Report on Form 10-Q

 

 

 

 

o Transition Report on Form N-SAR

 

 

 

 

For the Transition Period Ended:

 

 

Read Instructions (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:


 

PART I — REGISTRANT INFORMATION

 

TravelCenters of America LLC

Full Name of Registrant

 

 

Former Name if Applicable

 

24601 Center Ridge Road, Suite 200

Address of Principal Executive Office (Street and Number)

 

Westlake, OH 44145-5639

City, State and Zip Code

 

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 reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense

o

(b)

The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, 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 subject distribution report on Form 10-D, 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 why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-SAR, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period.

 

As previously disclosed in the Company’s Form 12b-25 filed on May 13, 2014 (the “Prior Form 12b-25”), TravelCenters of America LLC (the “Company”) has not filed its Quarterly Report on Form 10-Q for the period ended March 31, 2014 (the “First Quarter 10-Q”) due to delays in completing the Company’s Form 10-K for the year ended December 31, 2013 (the “Annual Report”), which the Company filed on June 6, 2014.  As a result of the time required to complete the Annual Report and the resulting delay in completing the First Quarter 10-Q, the Company is also unable to file its Quarterly Report on Form 10-Q for the period ended June 30, 2014 (the “Second Quarter 10-Q”) within the prescribed time period.

 

The Company does not expect to file the Second Quarter 10-Q within the 5 calendar day extension provided by Rule 12b-25, but is working to file both the First Quarter 10-Q and the Second Quarter 10-Q as soon as possible.

 

(Attach extra Sheets if Needed)

 

SEC 1344 (04-09)

Persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

 



 

PART IV — OTHER INFORMATION

 

(1)

Name and telephone number of person to contact in regard to this notification

 

Andrew J. Rebholz

 

440

 

808-9100

 

(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).

 

 

 

 

 

 

 

o Yes    x No

 

Quarterly Report on Form 10-Q for the period ended March 31, 2014

 

 

 

 

 

 

 

 

 

 

(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?

 

 

 

 

 

 

 

o Yes    o No

 

 

 

 

 

See below at *

 

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.

 

 

 

* As described in Part III of this Notification of Late Filing, the Company is in the process of completing its First Quarter 10-Q and the work thereon has delayed the completion of the Second Quarter 10-Q.  Because the completion of the Company’s condensed consolidated financial statements for the three and six month periods ended June 30, 2014, is in progress, the Company is unable to state with specificity the amount of net income it expects to report for the three and six month periods ended June 30, 2014.  However, the Company anticipates improvement in its results of operations for the six months ended June 30, 2014, as compared to the same period in the prior year, in part as a result of the contribution of the Company’s recently acquired sites.

 

WARNING CONCERNING FORWARD LOOKING STATEMENTS

 

THIS NOTIFICATION OF LATE FILING MAY CONTAIN STATEMENTS THAT CONSTITUTE FORWARD LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995 AND OTHER SECURITIES LAWS.  ALSO, WHENEVER THE COMPANY USES WORDS SUCH AS “BELIEVE”, “EXPECT”, “ANTICIPATE”, “INTEND”, “PLAN”, “ESTIMATE” OR SIMILAR EXPRESSIONS, THE COMPANY IS MAKING FORWARD LOOKING STATEMENTS.  THESE FORWARD LOOKING STATEMENTS ARE BASED UPON THE COMPANY’S PRESENT INTENT, BELIEFS OR EXPECTATIONS, BUT FORWARD LOOKING STATEMENTS ARE NOT GUARANTEED TO OCCUR AND MAY NOT OCCUR.  ACTUAL RESULTS MAY DIFFER MATERIALLY FROM THOSE CONTAINED IN OR IMPLIED BY THESE FORWARD LOOKING STATEMENTS AS A RESULT OF VARIOUS FACTORS.  FOR EXAMPLE:

 

·                  THIS NOTIFICATION OF LATE FILING STATES THAT THE COMPANY DOES NOT EXPECT TO FILE THE SECOND QUARTER 10-Q WITHIN THE 5 CALENDAR DAY EXTENSION PERIOD PROVIDED BY RULE 12B-25, BUT IS WORKING TO FILE BOTH THE FIRST QUARTER 10-Q AND THE SECOND QUARTER 10-Q AS SOON AS POSSIBLE.  THIS STATEMENT MAY IMPLY THAT THE COMPANY WILL FILE EACH OF THE FIRST QUARTER 10-Q AND THE SECOND QUARTER 10-Q IN THE NEAR TERM AND THAT IT WILL NOT SUFFER ANY ADVERSE CONSEQUENCES AS A RESULT OF THE LATE FILINGS.  HOWEVER, THE COMPANY MAY NOT FILE EITHER THE FIRST QUARTER 10-Q OR THE SECOND QUARTER 10-Q IN THE NEAR TERM.  FURTHER, AS A RESULT OF THE COMPANY’S INABILITY TO FILE SUCH REPORTS WITHIN THE RESPECTIVE EXTENSION PERIODS PROVIDED BY RULE 12B-25, THE COMPANY’S ABILITY TO USE ITS SHELF REGISTRATION STATEMENT ON FORM S-3 WILL BE RESTRICTED AND THE COMPANY MAY INCUR OTHER NEGATIVE EFFECTS.

 

·                  THIS NOTIFICATION OF LATE FILING STATES THAT THE COMPANY ANTICIPATES IMPROVEMENTS IN ITS RESULTS OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2014, AS COMPARED TO THE SAME PERIOD IN THE PRIOR YEAR, IN PART AS A RESULT OF THE CONTRIBUTION OF THE COMPANY’S RECENTLY ACQUIRED SITES.  HOWEVER, THE COMPANY HAS NOT YET COMPLETED ITS CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR INCLUSION IN THE SECOND QUARTER 10-Q.  AS A RESULT, IMPROVEMENT IN THE COMPANY’S RESULTS OF OPERATIONS FOR THE SIX MONTHS ENDED JUNE 30, 2014, MAY NOT BE ACHIEVED DUE TO MANY FACTORS, SOME OF WHICH ARE OUTSIDE THE COMPANY’S CONTROL.

 

FOR THESE REASONS, AMONG OTHERS, INVESTORS ARE CAUTIONED NOT TO PLACE UNDUE RELIANCE UPON FORWARD LOOKING STATEMENTS IN THIS NOTIFICATION OF LATE FILING.  ALL FORWARD-LOOKING STATEMENTS ARE BASED ON INFORMATION CURRENTLY AVAILABLE TO THE COMPANY ON THE DATE HEREOF, AND THE COMPANY UNDERTAKES NO OBLIGATION TO REVISE OR UPDATE THESE FORWARD-LOOKING STATEMENTS TO REFLECT EVENTS OR CIRCUMSTANCES AFTER THE DATE OF THIS FILING, EXCEPT AS REQUIRED BY LAW.

 

TravelCenters of America LLC


(Name of Registrant as Specified in Charter)

 

has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date

August 12, 2014

 

By

/s/ Andrew J. Rebholz

 

 

 

 

Andrew J. Rebholz

Executive Vice President, Chief Financial Officer and Treasurer

 

INSTRUCTION: The 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).