================================================================================
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
------------
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: NOVEMBER 6, 1997
(Date of earliest event reported)
S3 INCORPORATED
(Exact name of registrant as specified in its charter)
DELAWARE 0-21126 77-0204341
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2801 MISSION COLLEGE BOULEVARD, SANTA CLARA, CA 95052-8058
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (415) 588-8000
================================================================================
<PAGE>
Item 5. Other Events.
------------
On November 6, 1997, S3 Incorporated (the "Company") issued a press
release concerning a class action lawsuit filed against the Company. A copy of
the press release is attached hereto as Exhibit 99.1 and is incorporated herein.
Item 7. Financial Statements and Exhibits.
---------------------------------
(c) Exhibits
99.1 Press release dated November 6, 1997.
-2-
<PAGE>
SIGNATURE
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.
Dated: November 7, 1997.
S3 INCORPORATED
By /s/ Walt Amaral
----------------------------------------
Walt Amaral, Chief Financial Officer
-3-
<PAGE>
EXHIBIT INDEX
-------------
EXHIBIT
- -------
99.1 Press release dated November 6, 1997.
-4-
EXHIBIT 99.1
S3 INCORPORATED INTENDS TO VIGOROUSLY DEFEND SECURITIES LAWSUIT
SANTA CLARA, Calif., Nov. 6/PRNewswire/ -- S3 Incorporated (Nasdaq: SIII) today
--------------- ----
strongly denied allegations of wrongdoing outlined in a class action lawsuit
filed in the U.S. District Court for the Northern District of California. The
Company intends to vigorously defend against the lawsuit, which accuses the
Company and certain of its directors and present and former executive officers
of violating securities laws.
The suit alleges violation of federal securities laws in connection with alleged
failures to disclose certain financial and other business information about the
company during the period from July 15, 1996 to November 3, 1997. The suit seeks
unspecified damages on behalf of an alleged class of investors who purchased S3
stock during this period.
S3 said the suit is without merit and that it will vigorously defend itself
against the lawsuit.
About S3 Incorporated
S3 Incorporated, founded in 1989 with headquarters in Santa Clara, California,
is the world's largest supplier of multimedia acceleration hardware and its
associated software.* S3 is committed to applying its expertise in audio, video
and graphics acceleration to create innovative and affordable products for the
home, desktop and mobile markets. The company's vision for the future is to also
bring a rich, consumer electronics-type experience to PC users -- integrating
the best available consumer multimedia technologies into the mainstream PC
platform.
* Source: Mercury Research (Scottsdale, AZ)