-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G7K50niKeDCadJpXuf1Icf8+Id4kSFIQu3Yj3FkI1QT9uBORMLpuCt8UxUq/Z7jl B25oT/W6TkJ1N04LOeOsOw== 0000927016-99-002134.txt : 19990520 0000927016-99-002134.hdr.sgml : 19990520 ACCESSION NUMBER: 0000927016-99-002134 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19990512 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19990519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SATCON TECHNOLOGY CORP CENTRAL INDEX KEY: 0000889423 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] IRS NUMBER: 042857552 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-11512 FILM NUMBER: 99630783 BUSINESS ADDRESS: STREET 1: 161 FIRST STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142 BUSINESS PHONE: 6176610540 MAIL ADDRESS: STREET 1: 161 FIRST STREET CITY: CAMBRIDGE STATE: MA ZIP: 02142 8-K 1 FORM 8-K 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): May 12, 1999 SatCon Technology Corporation - -------------------------------------------------------------------------------- (Exact Name of Registrant as Specified in Charter) Delaware - -------------------------------------------------------------------------------- (State or Other Jurisdiction of Incorporation) 1-11512 04-2857552 - ------------------------ ---------------------------------- (Commission File Number) (I.R.S. Employer Identification No.) 161 FIRST STREET CAMBRIDGE, MASSACHUSETTS 02142-1228 - ---------------------------------------- ------------ (Address of Principal Executive Offices) (Zip Code) (617) 661-0540 ----------------------------------------------------------------------------- (Registrant's Telephone Number, Including Area Code) This Current Report on Form 8-K is filed by SatCon Technology Corporation, a Delaware corporation (the "Registrant"), in connection with the matters described herein. ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT On May 12, 1999, the Registrant dismissed PricewaterhouseCoopers LLP ("PwC") from its position as the Registrant's independent auditors. The decision to change accountants was recommended by the Registrant's Audit Committee and approved by the Registrant's Board of Directors. None of the reports of PwC on the financial statements of the Registrant for either of the past two fiscal years contained an adverse opinion or a disclaimer of opinion, or was qualified or modified as to uncertainty, audit scope or accounting principles. During the Registrant's two most recent fiscal years and the subsequent interim period immediately preceding the date of the dismissal of PwC, the Registrant had no disagreements with PwC on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s), if not resolved to the satisfaction of PwC, would have caused PwC to make reference to the subject matter of the disagreement(s) in connection with its reports on the financial statements of the Registrant. None of the reportable events listed in Item 304 (a) (1) (v) of Regulation S-K under the Securities Exchange Act of 1934, as amended, occurred with respect to the Registrant's two most recent fiscal years or the subsequent interim period preceding the dismissal of PWC. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits The exhibit listed in the Exhibit Index filed as part of this report is filed as part of or is included in this report. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. SatCon Technology Corporation ----------------------------- (Registrant) Date: May 19, 1999 By: /s/ Michael C. Turmelle ------------------------------- Michael C. Turmelle Vice President, Chief Financial Officer, Treasurer and Secretary EXHIBIT INDEX Exhibit Number Description - ------- --------------------- 16 Letter regarding Change in Certifying Accountant EX-16 2 LETTER REGARDING CHANGE IN CERTIFYING ACCOUNTANT Exhibit 16 [PricewaterhouseCoopers LLP letterhead] May 18, 1999 Securities and Exchange Commission 450 5th Street, N.W. Washington D.C. 20549 Commissioners: We have read the statements made by SatCon Technology Corporation (copy attached), which we understand will be filed with the Commission, pursuant to Item 4 of Form 8-K, as part of the Company's Form 8-K report filed on May 19, 1999. We agree with the statements concerning our Firm in such Form 8-K. Very truly yours, /s/PricewaterhouseCoopers LLP ----------------------------- PricewaterhouseCoopers LLP -----END PRIVACY-ENHANCED MESSAGE-----