-----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, GpB70pkOgiAxtz4gbxr5qMrk7v0rrL70A1GMPmV3knY4TjmFti9I9ZTatL5B79DU H/xfxVG4l84inPMN52pXUA== 0001171843-10-002673.txt : 20101222 0001171843-10-002673.hdr.sgml : 20101222 20101222155314 ACCESSION NUMBER: 0001171843-10-002673 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20101222 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20101222 DATE AS OF CHANGE: 20101222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEL GLOBAL TECHNOLOGIES CORP CENTRAL INDEX KEY: 0000027748 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPONENTS, NEC [3679] IRS NUMBER: 131784308 STATE OF INCORPORATION: NY FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03319 FILM NUMBER: 101268699 BUSINESS ADDRESS: STREET 1: 100 PINE AIRE DRIVE CITY: BAY SHORE STATE: NY ZIP: 11706 BUSINESS PHONE: 631 231-6400 MAIL ADDRESS: STREET 1: 100 PINE AIRE DRIVE CITY: BAY SHORE STATE: NY ZIP: 11706 FORMER COMPANY: FORMER CONFORMED NAME: DEL ELECTRONICS CORP DATE OF NAME CHANGE: 19920703 8-K 1 document.htm FORM 8-K FILING DOCUMENT Form 8-K Filing

UNITED STATES
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) December 22, 2010  


Del Global Technologies Corp.
(Exact name of registrant as specified in its charter)


New York
 
000-03319
 
13-1784308
(State or other jurisdiction
of incorporation)
  (Commission File Number)   (IRS Employer Identification No.)


 
100 Pine Aire Drive, Bay Shore, New York
 
11706
 
  (Address of principal executive offices)   (Zip Code)  

Registrant's telephone number, including area code:   (631) 231-6400



________________________________________________________________________________
(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:
    [    ] 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 8.01. Other Events.

On December 22, 2010 the Registrant issued a press release, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

    Exhibit 99.1.       Press release dated December 22, 2010


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.

    Del Global Technologies Corp.
(Registrant)

December 22, 2010
(Date)
  /s/   MARK A. ZORKO
Mark A. Zorko
Chief Financial Officer


  Exhibit Index
  99.1 Press release dated December 22, 2010






EX-99.1 2 newsrelease.htm PRESS RELEASE Del Global Technologies Announces Results of Rights Offering

EXHIBIT 99.1

Del Global Technologies Announces Results of Rights Offering

BAY SHORE, N.Y., Dec. 22, 2010 (GLOBE NEWSWIRE) -- Del Global Technologies Corp. (OTCBB:DGTC) ("Del Global" or "the Company") announced the successful completion of its rights offering. The Company announced that it sold 24,999,224 shares of its common stock, representing 100% of the shares offered in the offering, at the $0.60 per share offering price through the exercise of both basic and oversubscription rights in the rights offering.

Total proceeds to the Company is $15.0 million. Approximately 65% of the rights, representing 16,169,736 shares of the Company's common stock, were subscribed for as a result of the basic subscription rights, with the remaining 8,829,488 shares being sold to shareholders exercising their oversubscription rights. As a result of the transaction, the total number of shares of the Company's common stock outstanding is 47,717,530.

ABOUT DEL GLOBAL TECHNOLOGIES

Del Global Technologies Corp. is primarily engaged in the design, manufacture and marketing of high performance diagnostic imaging systems for medical and dental applications in its Medical Systems Group. Through its Milan, Italy based Villa Sistemi Medicali S.p.A. subsidiary, the Company offers a broad portfolio of general radiographic, radiographic/fluoroscopic, portable x-ray and digital radiographic systems to the global marketplace. Through its Power Conversion Group's  RFI subsidiary, Del Global manufactures proprietary high-voltage power conversion subsystems including electronic filters, high voltage capacitors, pulse modulators, transformers and reactors, and a variety of other products designed for industrial, medical, military and other commercial applications. 

The Company's web site is www.delglobal.com.        

The Del Global Technologies logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=8266

Statements about future results made in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations and the current economic environment. Del Global cautions that these statements are not guarantees of future performance. These statements involve a number of risks and uncertainties that are difficult to predict, including, but not limited to: the ability of Del Global to introduce products as scheduled; obtaining necessary product certification; implementation of its business plan; retention of management; changing industry and competitive conditions; obtaining anticipated operating efficiencies; securing necessary capital facilities; favorable determinations in various legal matters; market and operating risks from foreign currency exchange exposures; and favorable general economic conditions. Actual results could differ materially from those expressed or implied in the forward-looking statements. Important assumptions and other important factors that could cause actual results to differ materially from those in the forward-looking statements are specified in the Company's filings with the Securities and Exchange Commission.

CONTACT:  Del Global Technologies Corp.
          John J. Quicke, Chief Executive Officer
          Mark A. Zorko, Chief Financial Officer
          (631) 231-6400 ext. 323
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