UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT FILED PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT
(DATE OF EARLIEST EVENT REPORTED): JUNE 18, 2002
ZONAGEN, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-21198 76-0233274
(STATE OR OTHER JURISDICTION OF (COMMISSION) (I.R.S. EMPLOYER
INCORPORATION OR ORGANIZATION) FILE NUMBER) IDENTIFICATION NO.)
2408 TIMBERLOCH PLACE, SUITE B-4
THE WOODLANDS, TEXAS 77380
(ADDRESS OF PRINCIPAL
EXECUTIVE OFFICES
AND ZIP CODE)
(281) 367-5892
(REGISTRANT'S TELEPHONE NUMBER,
INCLUDING AREA CODE)
ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On June 18, 2002, Zonagen, Inc. ("Zonagen") dismissed Arthur Andersen
LLP ("Arthur Andersen") as its independent public accountants. This decision was
approved by the Audit Committee of the Board of Directors of Zonagen. The Audit
Committee has initiated the process for selecting a replacement firm for the
fiscal year ended December 31, 2002 and expects to make a selection in the near
future.
Arthur Andersen's reports on Zonagen's financial statements for each of
the years ended December 31, 2001 and December 31, 2000 did not contain an
adverse opinion or disclaimer of opinion, nor were they qualified or modified as
to uncertainty, audit scope or accounting principles.
During the fiscal years ended December 31, 2001 and 2000 and the
interim period between December 31, 2001 and the date of this Form 8-K, there
were no disagreements between Zonagen and Arthur Andersen on any matter of
accounting principles or practices, financial statement disclosure or auditing
scope or procedure which, if not resolved to Arthur Andersen's satisfaction,
would have caused them to make reference to the subject matter of the
disagreement in connection with their report for such years; and there were no
reportable events as defined in Item 304(a)(1)(v) of Regulation S-K.
Zonagen has provided Arthur Andersen with a copy of the foregoing
disclosures. Attached as Exhibit 16 is a copy of Arthur Andersen's letter, dated
June 18, 2002, stating its agreement with such statements.
During the years ended December 31, 2001 and 2000 and through the date
of this Form 8-K, neither Zonagen nor anyone acting on its behalf consulted with
any other auditor with respect to the application of accounting principles to a
specified transaction, either completed or proposed, or the type of audit
opinion that might be rendered on Zonagen's financial statements, or any other
matters or reportable events listed in Items 304(a)(2)(i) and (ii) of Regulation
S-K.
ITEM 7. EXHIBITS
Exhibit 16 -- Letter from Arthur Andersen LLP to the Securities and
Exchange Commission dated June 18, 2002.
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.
ZONAGEN, INC.
Date: June 18, 2002.
By: /s/ Louis Ploth, Jr.
-------------------------------------
Louis Ploth, Jr.
Vice President, Business Development
and Chief Financial Officer
EXHIBIT INDEX
Exhibit
Number Description
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16 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission dated June 18, 2002.