Item 4.01
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Changes in Registrant’s Certifying Accountant.
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(a) Dismissal of Previous Independent Registered Public Accounting Firm.
On June 9, 2021, Piedmont Lithium Inc. (the “Company”) notified Deloitte Touche Tohmatsu (“Deloitte Australia”) that it was being dismissed as the Company’s independent registered public accounting firm. The decision to dismiss Deloitte Australia
as the Company’s independent registered public accounting firm was at the direction of and approved by the Audit Committee (the “Audit Committee”) of the Board of Directors and resulted from the Company’s change of domicile from Australia to
Delaware. As described more fully below, the Company is replacing Deloitte Australia with an affiliate in the United States, Deloitte & Touche LLP (“Deloitte”).
Deloitte Australia’s reports on the Company’s consolidated financial statements as of and for the years ended June 30, 2020 and 2019 did not contain any adverse opinion or a disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles.
During the two fiscal years ended June 30, 2020 and the subsequent interim period through June 9, 2021, there were no (i) disagreements, within the meaning of Item 304(a)(1)(iv) of Regulation S-K promulgated under the Securities Exchange Act of
1934, as amended (“Regulation S-K”), and the related instructions thereto, with Deloitte Australia 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 Deloitte Australia, would have caused Deloitte Australia to make reference to the subject matter of the disagreements in connection with its reports; or (ii) reportable events within the meaning of Item 304(a)(1)(v) of
Regulation S-K and the related instructions thereto.
The Company provided Deloitte Australia with the disclosures under this Item 4.01 and requested Deloitte Australia to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the
statements made by the Company in this Item 4.01 and, if not, stating the respects in which it does not agree. Deloitte Australia’s letter is filed as Exhibit 16.1 to this Current Report on Form 8-K.
(b) Appointment of New Independent Registered Public Accounting Firm.
On June 4, 2021, the Audit Committee approved the appointment of Deloitte as the Company’s new independent registered public accounting firm for the fiscal year ending June 30, 2021, subject to completion of Deloitte’s standard client acceptance
procedures and execution of an engagement letter. The Company notified Deloitte on June 9, 2021 that it would be engaged as the Company’s independent registered public accounting firm. During the Company’s two most recent fiscal years ended June 30,
2020 and 2019, and the subsequent interim period through June 9, 2021, neither the Company nor anyone acting on its behalf consulted with Deloitte regarding any of the matters described in Items 304(a)(2)(i) and (ii) of Regulation S-K.