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SECURITIES EXCHANGE AND 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): November 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: 5
Index to Exhibits at page: 4
1.
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ITEM 4. CHANGE IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On July 30, 1996, JTS Corporation merged (the "Merger") with Atari
Corporation, a previous registrant, and the merged entity became JTS
Corporation (the "Registrant"). Deloitte & Touche LLP had served as Atari
Corporation's independent accountants, and Arthur Andersen LLP had served as
JTS Corporation's independent accountants. Prior to the closing of the Merger,
the management of JTS Corporation had determined to engage Arthur Andersen LLP
as the Registrant's independent accountants after completion of the Merger and
had so notified Deloitte & Touche LLP. On November 27, 1996, the Registrant's
Board of Directors ratified management's decision to engage Arthur Andersen LLP
as the Registrant's independent accountants for the fiscal year ending February
2, 1997.
The reports of Deloitte & Touche LLP on the financial statements of
Atari Corporation for the two fiscal years ended December 31, 1995 and 1994 did
not contain an adverse opinion or a disclaimer of opinion, nor were such
reports qualified with respect to any matter. There were no disagreements
between the Registrant and Deloitte & Touche LLP on any matter of accounting
principles or practices, financial statement disclosure or auditing scope or
practice with respect to Atari Corporation. A letter of Deloitte & Touche LLP,
addressed to the Securities and Exchange Commission, stating that Deloitte &
Touche LLP agrees with the statements made herein by the Registrant, is
attached hereto as Exhibit 16.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS
(c) EXHIBITS
Letter of Deloitte & Touche LLP, addressed to the Securities and
Exchange Commission, dated December 2, 1996.
2.
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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: December 2, 1996 By: /s/ W. Virginia Walker
------------------------
W. Virginia Walker
Executive Vice President, Finance
and Administration, Chief Financial Officer
and Secretary
3.
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INDEX TO EXHIBITS
<TABLE>
<CAPTION>
EXHIBIT NO. DESCRIPTION
- ----------- -----------
<S> <C>
16 Letter of Deloitte & Touche LLP,
addressed to the Securities and
Exchange Commission, dated December 2, 1996.
</TABLE>
4.
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EXHIBIT 16
[DELOITTE & TOUCHE LLP LETTERHEAD]
December 2, 1996
Securities and Exchange Commission
Mail Stop 9-5
450 5th Street, N.W.
Washington, D.C. 20549
Dear Sirs/Madams:
We have read and agree with the comments in Item 4 of Form 8-K of JTS
Corporation dated December 2, 1996.
Yours truly,
DELOITTE & TOUCHE LLP
