Current Report Filing (8-k)
November 06 2020 - 4:58PM
Edgar (US Regulatory)
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): November 1, 2020
Pareteum Corporation
(Exact name of Registrant as Specified
in Charter)
Delaware
|
|
001-35360
|
|
95-4557538
|
(State or Other Jurisdiction of
Incorporation)
|
|
(Commission File Number)
|
|
(IRS. Employer Identification No.)
|
1185 Avenue of the Americas, 2nd Floor
New York, NY 10036
(Address of principal executive
offices) (Zip Code)
(646) 975-0400
(Registrant's telephone number, including
area code)
Securities registered or to be registered pursuant to Section
12(b) of the Act:
Title of each class
|
Trading Symbol(s)
|
Name of each exchange on which registered
|
Common Stock
|
TEUM
|
NASDAQ
|
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.
|
On November 1, 2020,
Pareteum Corporation (the “Company”) was notified that the audit practice of Squar Milner, LLP (“Squar
Milner”) an independent registered public accounting firm, was combined with Baker Tilly US, LLP (“Baker Tilly”)
in a transaction pursuant to which Squar Milner combined its operations with Baker Tilly and certain of the professional staff
and partners of Squar Milner joined Baker Tilly either as employees or partners of Baker Tilly. On November 1, 2020, Squar Milner
resigned as the auditors of the Company and with the approval of the Audit Committee of the Company’s Board of Directors,
Baker Tilly was engaged as its independent registered public accounting firm.
Prior to engaging Baker
Tilly, the Company did not consult with Baker Tilly regarding the application of accounting principles to a specific completed
or contemplated transaction or regarding the type of audit opinions that might be rendered by Baker Tilly on the Company’s
financial statements, and Baker Tilly did not provide any written or oral advice that was an important factor considered by the
Company in reaching a decision as to any such accounting, auditing or financial reporting issue.
The report of independent
registered public accounting firm of Squar Milner regarding the Company’s financial statements for the fiscal years ended
December 31, 2018 and 2017 did not contain any adverse opinion or disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles.
During the years ended
December 31, 2018 and 2017, and during the interim periods from the end of the most recently completed fiscal year through November
1, 2020, the date of resignation, there were no disagreements with Squar Milner on any matter of accounting principles or practices,
financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Squar
Milner would have caused it to make reference to such disagreement in its reports.
The Company provided
Squar Milner with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission and
requested that Squar Milner furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether
it agrees with above statements and, if it does not agree, the respects in which it does not agree. A copy of the letter, dated
November 6, 2020, is filed as Exhibit 16.1 (which is incorporated by reference herein) to this Current Report on Form 8-K.
|
Item 9.01.
|
Financial Statements and Exhibits.
|
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.
|
PARETEUM CORPORATION
|
|
|
|
|
|
|
|
Dated: November 6, 2020
|
By:
|
/s/ Laura W. Thomas
|
|
|
|
Name: Laura W. Thomas
|
|
|
|
Title: Interim Chief Financial Officer
|
|
Pareteum (NASDAQ:TEUM)
Historical Stock Chart
From Aug 2024 to Sep 2024
Pareteum (NASDAQ:TEUM)
Historical Stock Chart
From Sep 2023 to Sep 2024