UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) June 30, 2005
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DEL GLOBAL TECHNOLOGIES CORP.
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(Exact name of registrant as specified in charter)
New York 0-3319 13-1784308
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
One Commerce Park, Valhalla, NY 10595
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (914) 686-3650
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act
(17 CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 4.01. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
Deloitte & Touche LLP ("Deloitte") previously served as the
principal accountants for Del Global Technologies Corp. ("the Registrant"). On
June 30, 2005, Deloitte was dismissed by the Registrant. The dismissal of
Deloitte was recommended by the Audit Committee of the Registrant's Board of
Directors.
The reports of Deloitte on the Registrant's consolidated financial
statements for the past two fiscal years did not contain an adverse opinion or a
disclaimer of opinion and were not qualified or modified as to uncertainty,
audit scope or accounting principles.
In connection with its audits of the two fiscal years ended August
3, 2003 and July 31, 2004, and the nine-month subsequent interim period ended
April 30, 2005, there were no disagreements with Deloitte on any matter of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedure, which disagreements, if not resolved to the satisfaction of
Deloitte, would have caused Deloitte to make reference to the matter in its
report.
On June 30, 2005, the Registrant engaged BDO Seidman, LLP ("BDO") as
the Registrant's principal accountant. The engagement of BDO was recommended by
the Audit Committee of the Registrant's Board of Directors.
During the Registrant's fiscal years ended August 3, 2003 and July
31, 2004 and the subsequent nine-month interim period ended April 30, 2005, the
Registrant did not (a) engage BDO as principal accountant to audit the
Registrant's financial statements, or as an independent accountant to audit a
significant subsidiary; or (b) consult with BDO with respect to either (i) the
application of accounting principles to a specified transaction, either
completed or proposed; (ii) the type of audit opinion that might be rendered on
the Registrant's financial statements; or (iii) any matter that was either the
subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K) or
a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).
The Registrant has provided Deloitte with a copy of the foregoing
disclosure. Attached as EXHIBIT 16.01 hereto is a copy of Deloitte's letter,
dated July 6, 2005, in response to the foregoing disclosure.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
Not Applicable
(b) Pro Forma Financial Information.
Not Applicable
(c) Exhibits.
16.01 Letter from Deloitte & Touche LLP dated July 6, 2005.
SIGNATURES
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 hereunto duly authorized.
DEL GLOBAL TECHNOLOGIES CORP.
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(Registrant)
Date: July 6, 2005
By: /s/ Mark A. Koch
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Mark A. Koch
Principal Accounting Officer
