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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 11, 1998
JTS CORPORATION
(Exact name of Company as specified in its charter)
Commission File Number 0-21085
Delaware 77-0364572
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(State of Jurisdiction) (I.R.S. Employer Identification No.)
166 Baypointe Parkway, San Jose, CA 95134
(Address of principal executive offices and zip code)
Company's telephone number, including area code: (408) 468-1800
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 5. OTHER EVENTS
JTS Corporation (the "Company") announced on May 11, 1998 that it is
consenting to the removal of its Common Stock and 5 1/4% Debentures from The
American Stock Exchange, Inc. ("AMEX").
This action became necessary because the Company no longer fully
satisfies all of the guidelines of the AMEX for continued listing. The AMEX
has advised that the last day for trading of the Company's securities on the
AMEX will be Friday, May 22, 1998.
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: June 2, 1998
JTS CORPORATION
By: /s/ JOSEPH A. PREZIOSO
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Joseph A. Prezioso
Chief Financial Officer and
Secretary (Principal Financial
and Accounting Officer)
2.
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