Unassociated Document
 
 
 

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) June 1, 2009

ADAMS GOLF, INC.
(Exact name of registrant as specified in its charter)

Delaware                                                      001-33978                                           75-2320087
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

                                   2801 E. Plano Pkwy, Plano, Texas                                                                                        75074
(Address of principal executive offices)                                                                                     (Zip Code)

Registrant’s telephone number, including area code (972) 673-9000

Not Applicable
(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):

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o 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.

Effective as of June 1, 2009, KBA Group LLP resigned as the registrant’s principal accountant and the registrant engaged BKD, LLP as the registrant’s new principal accountant to audit the registrant’s financial statements, in each case, in connection with KBA Group joining BKD and not as a result of any disagreement with KBA Group.

KBA Group’s reports on the financial statements for the past two 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.

During the registrant’s two most recent fiscal years and any subsequent interim period preceding such resignation, there was not any (i) disagreement with KBA Group on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of KBA Group, would have caused KBA Group to make reference to the subject matter of the disagreement in connection with KBA Group’s report or (ii) reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).

During the registrant’s two most recent fiscal years, and any subsequent interim period prior to engaging that accountant, neither the registrant (nor anyone on its behalf) consulted BKD regarding any matter or event listed in Item 304(a)(2) of Regulation S-K.

The registrant (i) provided KBA Group with a copy of the disclosures the registrant is making herein in response to Item 304(a) of Regulation S-K and (ii) KBA Group to furnish the registrant with a letter addressed to the Commission stating whether KBA Group agrees with the statements made by the registrant herein in response to Item 304(a) and, if not, stating the respects in which KBA Group does not agree.  The letter from KBA Group is filed as an exhibit hereto.

Item 9.01                      Financial Statements and Exhibits.

(d)           Exhibits.

Exhibit
Description of Exhibit
16.1
Letter dated June 5, 2009 from KBA Group LLP (furnished herewith)
 





 
 
 

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.

ADAMS GOLF, INC.
 
 
   By:   /s/ Pamela J. High
   Name:  Pamela J. High
   Title:  Interim Chief Financial Officer
   Date: June 5, 2009