UNITED STATES SECURITIES AND EXCHANGE COMMISSION

FORM 12b-25

Commission File Number 001-31552

NOTIFICATION OF LATE FILING

(Check One):  xForm 10-KSB   oForm 11-K   oForm 20-F   oForm 10-QSB   oForm N-SAR

		For Period Ended: April 30, 2003
		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 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:                                  

PART I — REGISTRANT INFORMATION

SMITH & WESSON HOLDING CORPORATION
Full name of registrant

Saf-T-Hammer Corporation
Former name if applicable

14500 N. Northsight Blvd., Suite 116
Address of principal executive office (Street and Number)

Scottsdale, Arizona 85260
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 box if appropriate.)

		(a) The reasons described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;

 

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x			(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 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. (Attach extra sheets if needed.)

The Registrant’s Annual Report on Form 10-KSB for the period ended April 30, 2003 (the “Annual Report”) could not be filed within the prescribed time period due to the Registrant’s change in its certifying accountant on March 17, 2003. The Company has not yet been able to compile all externally sourced information necessary to complete the Annual Report and financial statements.

PART IV — OTHER INFORMATION

(1)

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

Mitchell A. Saltz		(480)		949-9700
(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 o 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?
o Yes x No

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.

SMITH & WESSON HOLDING CORPORATION

Has caused this notification to be signed on its behalf by the undersigned thereunto duly authorized.

Date: July 29, 2003		By /s/ Mitchell A. Saltz
		Mitchell A. Saltz, CEO

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