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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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 1, 1998
SILICON STORAGE TECHNOLOGY, INC.
(Exact name of Company as specified in its charter)
COMMISSION FILE NUMBER 0-26944
CALIFORNIA 77-0225590
(State or other jurisdiction of (I.R.S. Employer
Incorporation or organization) Identification Number)
1171 SONORA COURT, SUNNYVALE, CA 94086
(Address of principal executive offices) (Zip code)
Company's telephone number, including area code: (408) 735-9110
Not applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS.
Silicon Storage Technology, Inc. (the "Company") had previously disclosed in the
Form 10-K for the year ended December 31, 1997 and in the Form 10-Q for the
three months ended March 31, 1998 that the Company had entered into an agreement
(the "Agreement") to purchase a 14 acre parcel of property. On April 30, 1997
the Company elected to withdraw from the Agreement. The costs associated with
the termination of the Agreement are anticipated to be approximately $500,000.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1934, the registrant
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
Date: May 1, 1998
SILICON STORAGE TECHNOLOGY, INC.
By:
/s/ JEFFREY L. GARON
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Jeffrey L. Garon
Vice President Finance &
Administration, Chief Financial
Officer and Secretary (Principal
Financial and Accounting Officer)
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