UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
(Check One):
|_| Form 10-K |_| Form 11-K |_| Form 20-F |X| Form 10-Q
For Period Ended: September 30, 2007
|_| 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: ____________________________
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
Capital Southwest Corporation
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Full Name of Registrant
N/A
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Former Name if Applicable
12900 Preston Road Suite 700
Dallas TX 75230
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Address of Principal Executive Office (Street and Number)
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 appropriate box.)
|X| (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
|X| (b) The subject annual report, semi-annual report, transition report on
Form 10-K, 20-F, 11-K or 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 Form 10-K, 11-K, 20-F,
10-Q, N-SAR, or the transition report or portion thereof, could not be filed
within the prescribed time period.
Capital Southwest Corporation (the "Company") will delay the filing of its
second quarter report on Form 10-Q, for the period ending September 30, 2007,
pending a review of its deferred taxes on unrealized appreciation on investments
and the related disclosures. The impact on current and prior period financial
statements has not yet been determined.
The Company and its audit committee have notified its independent auditors,
Grant Thorton, LLC, of this matter and will work closely with them, as
appropriate. The Company undertakes the responsibility to file such report no
later than five days after its original date.
PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
Notification
Gary L. Martin 972-233-8242
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(Name) (Area Code) (Telephone Number)
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(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). |X| Yes |_| No
(3) Is it anticipated that any significant change in results of operation for
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? |_| Yes |X| No
Capital Southwest Corporation
Has caused this notification to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: November 9, 2007 By: /s/ Gary L. Martin
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