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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 (Date of earliest event reported): September 27, 1996
JTS CORPORATION
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation)
0-21085 77-0364572
(Commission File No.) (IRS Employer Identification No.)
166 BAYPOINTE PARKWAY
SAN JOSE, CA 95134
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (408) 468-1800
Total number of pages:
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ITEM 7. Financial Statements and Exhibits
(c) Exhibits
Exhibit
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99.1 Press Release dated as of September 27, 1996 entitled "JTS
Corporation Plans Private Financing"
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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, thereunto duly authorized.
JTS CORPORATION
Dated: September 27, 1996 By: /s/ W. Virginia Walker
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W. Virginia Walker
Executive Vice President,
Finance and Administration,
Chief Financial Officer and
Secretary
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INDEX TO EXHIBITS
Exhibit Number Description
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99.1 Press release dated as of September 27, 1996 entitled
"JTS Corporation Plans Private Financing"
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Exhibit 99.1
JTS CORPORATION PLANS PRIVATE FINANCING
SAN JOSE, CA--September 27, 1996--JTS Corporation (AMEX:JTS) announced
today that it has retained an investment banking firm to assist in arranging
up to $100 million in private convertible debt financing. The Company expects
to complete the financing as expeditiously as possible and plans to use the
proceeds primarily to fund its working capital requirements as it ramps up
production. The securities to be offered in the proposed financing will not
be registered under the Securities Act of 1933, as amended, and may not be
offered or sold in the United States absent registration or an applicable
exemption from registration requirements.
Contact: Jan Moorhouse
(408) 468-1621
