SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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): May 24, 2005
BEXIL CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Maryland 811-07833 13-3907058
(State or Other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
11 Hanover Square New York, NY 10005
(Address of Principal Executive Offices) (ZIP Code)
Registrant's telephone number, including area code: 1-212-785-0400
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
Item 7.01 Regulation FD Disclosure
The press release issued May 24, 2005 announcing the late filing of first
quarter 10QSB and unaudited comparative financial data is incorporated herein by
reference and is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits
Exhibit No. Description
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99.1 Press release dated May 24, 2005
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
BEXIL CORPORATION
(Registrant)
/s/ WILLIAM G. VOHRER
By: William G. Vohrer
Chief Financial Officer
Date: May 24, 2005
Exhibit 99.1
BEXIL CORPORATION ANNOUNCES LATE FILING OF FIRST QUARTER 10QSB AND UNAUDITED
COMPARATIVE FINANCIAL DATA
NEW YORK -- Bexil Corporation (AMEX: BXL) announced today it had submitted a
notification of late filing on Form 12b-25 that it would make a late filing of
its quarterly report on Form 10-QSB for the quarter ended March 31, 2005. The
Form 10-QSB filing is currently expected by June 15, 2005.
The Company stated that due to delays in concluding the new client acceptance
process, the successor independent registered public accounting firm was not
engaged until April 13, 2005, and the Company currently anticipates filing its
Annual Report on Form 10-KSB for the year ended December 31, 2004 by May 27,
2005. Upon completion of that filing, the Company will seek to file Form 10-QSB
as soon as possible thereafter.
Unaudited Comparative Financial Data
Bexil also released preliminary and unaudited comparative data of its financial
results for the quarter ended March 31, 2005. Although subject to review, the
Company expects to show that earnings per share in the first quarter ending
March 31, 2005 exceeded 2004 first quarter results by approximately 23%.
Bexil is a holding company operating businesses directly or through companies in
which it has a majority or other substantial interest. More information about
Bexil may be found at its web site http://www.bexil.com. Bexil's primary
business is comprised of its 50% interest in privately held York, an
unconsolidated affiliate accounted for by the equity method. More information
about York may be found at its web site, http://www.yorkclaims.com.
This press release may contain forward-looking statements and similar
expressions that reflect Bexil's current expectations about its future
performance, and are subject to risks, uncertainties and other factors that
could cause Bexil's actual performance to differ materially from those expressed
in, or implied by, these forward-looking statements.
Contact: Bexil Corporation
William Vohrer, 212-785-0400, ext. 279
wvohrer@bexil.com