Sativus Tech Corp 8-K, filed Mar 17, 2021
Sativus Tech Corp. (SATT)
About this 8-K
Sativus Tech Corp filed this 8-K on March 17, 2021, reporting on events of October 12, 2020.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
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):
October 12th, 2020
SEEDO CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 333-208814 | 47-2847446 |
| (State of incorporation) | (Commission File Number) | (IRS Employer No.) |
3 Bethesda Metro Center
Suite 700
Bethesda, Md 20814
(Address of principal executive offices and Zip Code)
800 608-6432
(Registrant's telephone number, including area code)
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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 4.01 | Changes in Registrant's Certifying Accountant |
Seedo Corp. (the “Company”) has replaced Kost Forer Gabbay & Kasierer A member of Ernst & Young Global (the “Former Accounting Firm”, "EY") as its independent registered public accounting firm, effective as of October 12, 2020, and has engaged Ilanit Halperin CPA, 30 A’arba’a St, A’arba’a Towers, Tel Aviv, Israel (the “New Accounting Firm”) as its new independent registered public accounting firm as of and for the year ended December 31, 2020 and 2019 and for the three months ended December 31, 2018. As described in Item 4.01(a) below, the change in independent registered public accounting firm is not the result of any disagreement with the Former Accounting Firm. The Board made the decision to engage the New Accounting Firm acting under authority delegated to it and the Board of Directors approved the same on October 12, 2020.
During the fiscal years ended September 30, 2018 and 2017, and the subsequent interim period including the Quarterly Reports for the period ending December 31, 2018, March 31, 2019, June 30, 2019, and through the filing of this 8K, (i) there were no disagreements with EY 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 EY would have caused EY to make reference thereto in their reports for such fiscal years and (ii) there were no “reportable events” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
The Company has requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Form 8-K
| Item 9.01 | Exhibits | |
| 16.1 | Letter from EY |
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.
| Date: March 17, 2021 | SEEDO CORP. | |
| /s/ David Freidenberg | ||
| By: David Freidenberg, Director, CEO | ||
Exhibit 16.1
 |
Kost Forer Gabbay & Kasierer |
Tel: +972-4-8654000 |
To:
| Securities and Exchange Commission | March 17, 2021 |
100 F Street, NE
Washington, DC 20549-7561
Re: Seedo Corp.
Dear Madame or Sir
On October 12, 2020, our appointment as auditor for Seedo Corp., ceased. We have read Seedo Corp.’s statement included under Item 4.01 of its Form 8-K dated March 17, 2021 and agree with such statements, insofar as they apply to us.
| /s/ KOST FORER GABBAY & KASIERER | |
| KOST FORER GABBAY & KASIERER | |
| A Member of Ernst & Young Global |
A member firm of Ernst & Young Global Limited