Prepared by R.R. Donnelley Financial -- Notification of Late Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 12b-25
 
NOTIFICATION OF LATE FILING
 
OMB APPROVAL

OMB Number:
3235-0058
Expires
January 31,
2005
(Check One):         [X] Form 10-K            [  ] Form 20-F            [  ] Form 11-K
[  ] Form 10-Q            [  ] Form N-SAR
 
 
For Period Ended: December 31, 2001                                              
 
 
[  ] 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 Transition Period Ended: Not Applicable                                              
 
Estimated
average burden
hours per
response..2.50

SEC File No.
 
0-31271
                   

CUSIP No.
 
               

 

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:
 
Not Applicable

PART I - REGISTRANT INFORMATION
 
 
Regeneration Technologies, Inc.

Full Name of Registrant
 
 
NA

Former Name if Applicable
 
 
One Innovation Drive

Address of Principal Executive Office (Street and Number)
 
 
Alachua, Florida 32615

City, State and Zip Code


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 appropriate box.)
 
[X]
 
[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, 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, 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, 11-K, 20F, 10-Q, N-SAR or the transition report portion thereof could not be filed within the prescribed time period.
 
RTI has been advised by its principal commercial lender that as a result of its previously announced results of operations for the year ended December 31, 2001, it presently does not meet certain financial ratio covenants that it is required to meet under its existing credit facilities. RTI currently has an agreement in principle with its lender for a waiver of this noncompliance and the related covenants, in exchange for RTI’s commitment to repay amounts that it owes within the next six months. This agreement, however, is subject to definitive documentation, which was not completed prior to the time RTI’s Annual Report on 10-K was required to be filed. Due to the fact that RTI’s annual financial statements and related notes thereto, as well as the liquidity discussion in the 10-K, must reflect the modifications to the debt facilities, the 10-K could not be filed in a timely manner without unreasonable effort or expense. RTI expects to finalize this documentation with its lender shortly and to file its 10-K within the next 15 days.
 
(Attach Extra Sheets if Needed)
 
PART IV - OTHER INFORMATION
 
(1)
 
Name and telephone number of person to contact in regard to this notification.
 
John M. Campbell

 
(386)

 
418-8888

(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


The registrant previously publicly reported its financial results for the year ended December 31, 2001, which differ from results from the corresponding period for the last fiscal year, and such results are incorporated by reference from the registrant’s Form 8-K filed with the SEC on February 25, 2002.
 
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.
 
REGENERATION TECHNOLOGIES, INC.

(Name of Registrant as Specified in Charter)
 
has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.
 
April 1, 2002
Date                                             
 
/s/ Brian K. Hutchison
By                                             
 
Br
ian K. Hutchison
 
Pr
esident and
 
Ch
ief Executive Officer
 
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).

 
General Instructions
 
1.
 
This form is required by Rule 12b-25 (17 CFR 240.12b-25) of the General Rules and Regulations under the Securities Exchange Act of 1934.
 
2.
 
One signed original and four conformed copies of this form and amendments thereto must be completed and filed with the Securities and Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3 of the General Rules and Regulations under the Act. The information contained in or filed with the form will be made a matter of public record in the Commission files.
 
3.
 
A manually signed copy of the form and amendments thereto shall be filed with each national securities exchange on which any class of securities of the registrant is registered.
 
4.
 
Amendments to the notifications must also be filed on form 12b-25 but need not restate information that has been correctly furnished. The form shall be clearly identified as an amended notification.
 
5.
 
Electronic Filers. This form shall not be used by electronic filers unable to timely file a report solely due to electronic difficulties. Filers unable to submit a report within the time period prescribed due to difficulties in electronic filing should comply with either Rule 201 or Rule 202 of Regulation S-T ((§) 232.201 or (§) 232.202 of this chapter) or apply for an adjustment in filing date pursuant to Rule 13(b) of Regulation S-T ((§) 232.13(b) of this chapter).