<SEC-DOCUMENT>0000950123-11-075677.txt : 20110810
<SEC-HEADER>0000950123-11-075677.hdr.sgml : 20110810
<ACCEPTANCE-DATETIME>20110810163453
ACCESSION NUMBER:		0000950123-11-075677
CONFORMED SUBMISSION TYPE:	NT 10-Q
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20110630
FILED AS OF DATE:		20110810
DATE AS OF CHANGE:		20110810
EFFECTIVENESS DATE:		20110810

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERICAN SUPERCONDUCTOR CORP /DE/
		CENTRAL INDEX KEY:			0000880807
		STANDARD INDUSTRIAL CLASSIFICATION:	MOTORS & GENERATORS [3621]
		IRS NUMBER:				042959321
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		NT 10-Q
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-19672
		FILM NUMBER:		111024786

	BUSINESS ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
		BUSINESS PHONE:		9788423000

	MAIL ADDRESS:	
		STREET 1:		SIXTY FOUR JACKSON ROAD
		CITY:			DEVENS
		STATE:			MA
		ZIP:			01434
</SEC-HEADER>
<DOCUMENT>
<TYPE>NT 10-Q
<SEQUENCE>1
<FILENAME>b87627nt10vq.htm
<DESCRIPTION>FORM NT 10-Q
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<TD align="center" valign="top" style="border-top: 1px solid #000000">SEC FILE NUMBER</TD>
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<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">000-19672
</DIV></TD>
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<TD align="center" valign="top" style="border-top: 1px solid #000000">CUSIP NUMBER</TD>
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<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">030111108
</DIV></TD>
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<DIV align="center" style="font-size: 12pt; margin-top: 1pt"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION<BR>
Washington, D.C. 20549</B>
</DIV>

<DIV align="center" style="font-size: 14pt; margin-top: 12pt"><B>FORM 12b-25</B>
</DIV>


<DIV align="center" style="font-size: 12pt; margin-top: 12pt"><B>NOTIFICATION OF LATE FILING</B>
</DIV>




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<TD nowrap valign="top"><I>(Check One):</I></TD>
<TD>&nbsp;</TD>
<TD colspan="4" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;10-K
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;20-F
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;11-K
<FONT face="wingdings">&#254;</FONT>&nbsp; Form&nbsp;10-Q
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;10-D
<BR>
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;N-SAR
<FONT face="wingdings">&#111;</FONT>&nbsp; Form&nbsp;N-CSR
</TD>
</TR>
<TR valign="bottom" style="line-height: 1pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
<TD>&nbsp;</TD>
<TD nowrap align="left" valign="top" colspan="3">For Period Ended: <b>June 30, 2011</b></TD>
</TR>

<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD colspan="3" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Transition Report on Form&nbsp;10-K</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD colspan="3" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Transition Report on Form&nbsp;20-F</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD colspan="3" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Transition Report on Form&nbsp;11-K</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD colspan="3" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Transition Report on Form&nbsp;10-Q</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD nowrap colspan="3" valign="top" align="left">
<FONT face="wingdings">&#111;</FONT>&nbsp;&nbsp; Transition Report on Form&nbsp;N-SAR</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom" style="line-height: 6pt"><!-- Blank Space -->
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
</TR>
<TR valign="bottom">
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
<TD>&nbsp;</TD>
<TD colspan="2" align="left" valign="top" nowrap>For the Transition Period Ended:
</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top"></TD>
<TD>&nbsp;</TD>
</TR>
<TR style="font-size: 1px">
<TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD colspan="2" align="left" valign="top" style="border-top: 1px solid #000000">&nbsp;</TD>
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<P>
<DIV style="width: 100%; border: 1px solid black; padding: 12px;">

<DIV align="center" style="font-size: 10pt; margin-top: 6pt"><I>Read Instruction (on back page) Before Preparing Form. Please Print or Type.</I>
</DIV>

<DIV align="center" style="font-size: 10pt"><B>Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
</B></DIV>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If the notification relates to a portion of the filing checked above, identify the Item(s) to which
the notification relates:
</DIV>



<DIV style="border-bottom: 1px solid #000000; font-size: 1px; margin-top: 12pt">&nbsp;</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>PART I &#151; REGISTRANT INFORMATION</B>
</DIV>
<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><b>American
Superconductor Corporation</b>
<DIV style="border-bottom: 0px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 2pt">Full Name of Registrant
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><b>N/A</b>
<DIV style="border-bottom: 0px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 2pt">Former Name if Applicable
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt">
<BR><B>64 Jackson Road</B><DIV style="border-bottom: 0px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 2pt"><b>Address
of Principal Executive</b>
 Office <I>(Street and Number)</I>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>Devens, Massachusetts 01434</B>
<DIV style="border-bottom: 0px solid #000000; font-size: 1px">&nbsp;</DIV>
</DIV>

<DIV align="center" style="font-size: 10pt; margin-top: 2pt">City, State and Zip Code
</DIV>



<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">



<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>PART II &#151; RULES 12B-25(B) AND (C)</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">If the subject report could not be filed
without unreasonable effort or expense and the registrant seeks relief pursuant to Rule&nbsp;12b-25(b),
the following should be completed. (Check box if appropriate).
</DIV>

<DIV align="center">
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<TR valign="bottom">
<TD>&nbsp;</TD>
<TD style="border-right: 1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">(a)
</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">The reasons described in reasonable detail in Part III of this form could not be
eliminated without unreasonable effort or expense;</TD>
</TR>


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<TD>&nbsp;</TD>
<TD style="border-right: 1px solid #000000">&nbsp;</TD>
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<TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD valign="top"><DIV style="margin-left:15px; text-indent:-0px">
<FONT face="wingdings">&#254;</FONT></div></TD>
<TD style="border-right: 1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">(b)
</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">
The subject annual report, semi-annual report, transition report on Form&nbsp;10-K, Form&nbsp;20-F, Form&nbsp;11-K, Form&nbsp;N-SAR or Form&nbsp;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&nbsp;10-Q or subject distribution report on Form&nbsp;10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
</TD>
</TR>
<TR valign="bottom" style="line-height: 3pt"><!-- Blank Space -->
<TD>&nbsp;</TD>
<TD style="border-right: 1px solid #000000">&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">&nbsp;</TD>
</TR>

<TR valign="bottom">
<TD>&nbsp;</TD>
<TD style="border-right: 1px solid #000000">&nbsp;</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">(c)
</TD>
<TD>&nbsp;</TD>
<TD align="left" valign="top">The accountant&#146;s statement or other exhibit required by Rule&nbsp;12b-25(c) has been attached if applicable.
</TD>
</TR>
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</DIV>



<DIV align="center" style="font-size: 10pt; margin-top: 12pt"><B>PART III &#151; NARRATIVE</B>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">State below in reasonable detail the reasons 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.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As previously announced, American Superconductor Corporation (the &#147;Company&#148;) identified errors
in the recognition of revenue from shipments to certain of the Company&#146;s customers in China during
the second and third fiscal quarters of the fiscal year ended March&nbsp;31, 2011. In addition, the
Company did not properly reserve for accounts receivable balances that were uncollectible as of
December&nbsp;31, 2010. Therefore, the Company announced that the previously issued financial
statements contained in the Company&#146;s Quarterly Reports on Form 10-Q for the periods ended
September&nbsp;30, 2010 and December&nbsp;31, 2010 should no longer be relied upon. Additional information
about the errors is contained in the Company&#146;s Current Report on Form 8-K filed on July&nbsp;11, 2011.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">The Company has substantially completed its review of the above transactions but requires
additional time to finalize its financial statements for the periods ended September&nbsp;30, 2010,
December&nbsp;31, 2010 and March&nbsp;31, 2011. The Company intends to file restated financial statements
for the fiscal quarters ended September&nbsp;30, 2010 and December&nbsp;31, 2010 and its financial statements
for the fiscal year ended March&nbsp;31, 2011 (collectively, the &#147;Fiscal 2010 Financial Statements&#148;) as
soon as practicable.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Because preparation of the Fiscal 2010 Financial Statements is not yet complete, the Company is
unable to prepare its financial statements for its first fiscal quarter ended June&nbsp;30, 2011.
Accordingly, the Company is unable to file its Quarterly Report on Form 10-Q for the quarterly
period ended June&nbsp;30, 2011 (the &#147;Form 10-Q&#148;) by the August&nbsp;9, 2011 filing deadline without
unreasonable effort or expense. The Company expects to file the Form 10-Q as soon as practicable.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>PART IV &#151; OTHER INFORMATION</B>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(1)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Name and telephone number of person to contact in regard to this notification</TD>
</TR>

</TABLE>
</DIV>
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="47%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="47%">&nbsp;</TD>
</TR>
<TR></TR>
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<TR valign="bottom">
    <TD align="center" valign="top"><B>David A. Henry</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top"><B>(978)&nbsp;842-3000</B></TD>
</TR>
<TR valign="bottom">
    <TD align="center" valign="top">(Name)
</TD>
    <TD>&nbsp;</TD>
    <TD align="center" valign="top">(Telephone Number)</TD>
</TR>
<!-- End Table Body -->
</TABLE>
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(2)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>Have all other periodic reports required under Section&nbsp;13 or
15(d) of the Securities Exchange Act of 1934 or Section&nbsp;30 of the
Investment Company Act of 1940 during the preceding 12&nbsp;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). <FONT style="font-family: Wingdings">&#111;</FONT><FONT style="font-family: Wingdings">&#032;</FONT>Yes <FONT style="font-family: Wingdings">&#254;</FONT> No</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As discussed above in Part&nbsp;III, the Company has been unable to file its Annual
Report on Form 10-K for the fiscal year ended March&nbsp;31, 2011.
</DIV>


<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">(3)</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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?
<FONT style="font-family: Wingdings">&#254;</FONT> Yes <FONT style="font-family: Wingdings">&#111;</FONT> <FONT style="font-family: Wingdings">&#032;</FONT>No</TD>
</TR>



</TABLE>
</DIV>
<P align="center" style="font-size: 10pt"><!-- Folio -->&nbsp;<!-- /Folio -->
</DIV>

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<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">


<DIV style="margin-top: 6pt"><TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">



</TABLE>
</DIV>

<DIV style="margin-top: 6pt">
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt">

<TR valign="top" style="font-size: 10pt; color: #000000; background: transparent">
    <TD width="3%" nowrap align="left">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD>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.</TD>
</TR>

</TABLE>
</DIV>

<DIV align="left" style="font-size: 10pt; margin-top: 6pt">As discussed above in Part&nbsp;III, the Company is in the process of completing the preparation of its
restated financial statements for the fiscal quarters ended September&nbsp;30, 2010 and December&nbsp;31,
2010 and its financial statements for the fiscal year ended March&nbsp;31, 2011. Until those financial
statements are completed, the Company is not able to complete its financial statements for the
quarterly period ended June&nbsp;30, 2011. These efforts include an evaluation of the impact of the
errors and current business conditions on certain of the Company&#146;s balance sheet accounts,
including the valuation of inventory and goodwill, at September&nbsp;30, 2010, December&nbsp;31, 2010 and
March&nbsp;31, 2011. The Company currently expects to record material negative adjustments to inventory
and goodwill for the year ended March&nbsp;31, 2011. In addition, the Company expects that revenues for
the first fiscal quarter ended June&nbsp;30, 2011 will be less than $10&nbsp;million, compared to $97.2
million for the first fiscal quarter ended June&nbsp;30, 2010. Further, the Company expects a
significant net loss for the first fiscal quarter ended June&nbsp;30, 2011, compared to net income of
$9.2&nbsp;million for the first fiscal quarter ended June&nbsp;30, 2010. The above estimates are
preliminary and subject to change based, among other things, on the Company&#146;s completion of the restatement of its
financial statements discussed above and the audit of its financial statements for the year ended
March&nbsp;31, 2011.
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt"><U><B>Forward-Looking Statements</B></U>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">Any statements in this notification of late filing about future expectations, plans and prospects
for the Company, including without limitation our expectations regarding results of operations for
the quarterly period ended June&nbsp;30, 2011, adjustments to its inventory and goodwill account
balances and other statements containing the words &#147;believes,&#148; &#147;anticipates,&#148; &#147;plans,&#148; &#147;expects,&#148;
and similar expressions, constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. There are a number of important factors that could
materially impact the value of our common stock or cause actual results to differ materially from
those indicated by such forward-looking statements. Such factors include: we may be subject to
additional unanticipated accounting, audit and internal control issues; we have a history of
operating losses, and we may incur losses in the future; our operating results may fluctuate
significantly from quarter to quarter and may fall below expectations in any particular fiscal
quarter, including any expectations resulting from financial guidance issued by us; a significant
portion of our revenues have been derived from a single customer, Sinovel, and any failure by this
customer (or other customers) to honor contractual obligations to accept products or to pay for
products may have a material adverse impact on our financial condition or results from operations;
adverse changes in domestic and global economic conditions could adversely affect our business;
changes in exchange rates could adversely affect our financial results; we may not realize all of
the sales expected from our backlog of orders and contracts; we rely upon third party suppliers for
the components and subassemblies of many of our products, making us vulnerable to supply shortages
and price fluctuations; we may require significant additional funding and may be unable to raise
capital when needed, which could force us to delay, reduce, or eliminate planned activities,
including the planned acquisition of The Switch; failure to complete the planned acquisition of The
Switch could harm our operating results and could cause our stock price to decline; completion of
the planned acquisition of The Switch could present certain risks to our business; we may acquire
additional complementary businesses or technologies that may require us to incur substantial costs
for which we may never realize the anticipated benefits; we have been named as a party to
purported stockholder class actions and a shareholder derivative complaints, and we may be named in
additional litigation, all of which will require significant management time and attention and
result in significant legal expenses and may result in an unfavorable outcome, which could have a
material adverse effect on our business, operating results and financial condition; our common
stock has experienced, and may continue to experience, significant market price and volume
fluctuations, which may prevent our stockholders from selling our common stock at a profit and
could lead to additional costly litigation against us that could further divert our management&#146;s
attention; if we fail to implement our business strategy, our financial performance could be harmed
and our growth could slow or stop; our products face intense competition, which could limit our
ability to acquire or retain customers; our international operations are subject to risks that we
do not face in the United States, which could have an adverse effect on our operating results; we
depend on sales to China, and global conditions could negatively affect our operating results or
limit our ability to expand our operations outside of China; changes in China&#146;s political, social,
regulatory and economic environment may affect our financial performance; problems with product
quality or product performance may cause us to incur warranty expenses and may damage our market
reputation and prevent us
from achieving increased sales and market share; our success in
addressing the wind energy market is dependent on the manufacturers that license our designs; we
have not manufactured our Amperium wire in commercial quantities, and a failure to manufacture our
Amperium wire in commercial quantities at acceptable cost and quality levels would substantially
limit our future revenue and profit potential; and our patents may not provide meaningful
</DIV>


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<DIV style="font-family: 'Times New Roman',Times,serif">




<DIV align="left" style="font-size: 10pt; margin-top: 6pt">protection for our technology, which could result in us losing some or all of our market position.
Reference is made to many of these factors and others in the &#147;Risk Factors&#148; section of the
Company&#146;s most recent quarterly or annual report filed with the Securities and Exchange Commission.
In addition, any forward-looking statements included in this notification of late filing represent
the Company&#146;s expectations as of the date of this notification. While the Company anticipates that
subsequent events and developments may cause the Company&#146;s views to change, the Company
specifically disclaims any obligation to update these forward-looking statements. These
forward-looking statements should not be relied upon as representing the Company&#146;s views as of any
date subsequent to the date of this notification.
</DIV>


<DIV align="center" style="font-size: 10pt; margin-top: 18pt"><B>American Superconductor Corporation</B></div>

<DIV align="center" style="font-size: 10pt; margin-top: 0pt">
<B>(Name of Registrant as specified in charter)</B>
</DIV>


<DIV align="left" style="font-size: 10pt; margin-top: 6pt">has caused this notification to be signed on its behalf by the undersigned thereunto duly
authorized.
</DIV>

<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" border="0" cellpadding="0" width="100%">
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<TR valign="bottom">
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="40%">&nbsp;</TD>
    <TD width="1%">&nbsp;</TD>
    <TD width="9%">&nbsp;</TD>
</TR>
<TR></TR>
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<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">Date: <B>August&nbsp;9, 2011</B>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">By:</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">/s/ David A. Henry&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><DIV style="font-size: 1pt; border-top: 1px solid #000000">&nbsp;</DIV>
<B>David A. Henry</B>
</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><FONT style="white-space: nowrap"> <B>Senior Vice President and Chief Financial</B></FONT></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
<TR valign="bottom">
    <TD valign="top"><DIV style="margin-left:0px; text-indent:-0px">&nbsp;
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><B>Officer</B></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top">&nbsp;</TD>
</TR>
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</TABLE>
</DIV>



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