Current Report Filing (8-k)
March 08 2019 - 5:18PM
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
March 4, 2019
Date of Report (Date of
earliest event reported)
DESTINY MEDIA TECHNOLOGIES INC.
(Exact name of registrant as specified in its charter)
NEVADA
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000-28259
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84-1516745
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(State or other jurisdiction of
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(Commission File Number)
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(IRS Employer Identification No.)
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incorporation)
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1110 885 West Georgia
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Vancouver, British Columbia, Canada
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V6C 3E8
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(Address of principal executive offices)
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(Zip Code)
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(604) 609-7736
Registrant's telephone
number, including area code)
N/A
(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))
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR
§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b
-2).
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 Change
in Registrants Certifying Accountant.
(a) Dismissal of Independent
Registered Public Accounting Firm
On March 4, 2019, the Audit Committee (the Audit
Committee) of the Board of Directors of Destiny Media Technologies Inc. (the
Company) dismissed BDO Canada LLP (BDO) as the Companys independent
registered public accounting firm. The dismissal of BDO is a result of a
competitive proposal process performed by the Audit Committee, and is effective
immediately.
BDOs
audit reports on the Companys consolidated financial statements as of and for
the fiscal years ended August 31, 2018 and 2017 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 fiscal years ended August 31, 2018 and 2017, and during the subsequent
interim period from September 1, 2018 through March 4, 2019, there were (i) no
disagreements between the Company and BDO on any matter of accounting principles
or practices, financial statement disclosure, or auditing scope or procedure,
any of which, if not resolved to BDOs satisfaction, would have caused BDO to
make reference thereto in its reports, and (ii) no reportable events within
the meaning of Item 304(a)(1)(v) of Regulation S-K.
The
Company has provided BDO with a copy of this Form 8-K prior to its filing with
the U.S. Securities and Exchange Commission (SEC) and has requested that BDO
furnish a letter addressed to the SEC stating whether or not it agrees with the
statements made herein. A copy of such letter will be filed as Exhibit 16.1 to
an amendment to this Form 8-K upon receipt.
(b) Engagement of New Independent
Registered Public Accounting Firm
On
March 4, 2019, the Audit Committee approved the selection of Davidson &
Company LLP (Davidson) as the Companys independent registered public
accounting firm for the fiscal year ending August 31, 2019.
During
the two most recent fiscal years ended August 31, 2018 and 2017, and during the
subsequent interim period from September 1, 2018 through March 4, 2019, neither
the Company nor anyone on its behalf consulted Davidson regarding either the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that might be rendered on
the Company's financial statements or any matter that was either the subject of
a disagreement (within the meaning of Item 304(a) of Regulation S-K) or a
reportable event (as such term is defined in Item 304(a)(1)(v) of Regulation
S-K).
Item
9.01.
Financial
Statements and Exhibits.
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(a)
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Not applicable
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(b)
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Not applicable
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(c)
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Not applicable
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(d)
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Exhibits
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EXHIBIT NO.
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DESCRIPTION
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Exhibit 16.1
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Letter from BDO Canada LLP to
the SEC (to be Filed by Amendment)
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2
SIGNATURE
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.
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DESTINY MEDIA TECHNOLOGIES INC.
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Date: March 8, 2019
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By:
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/s/ FRED VANDENBERG
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FRED VANDENBERG
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Chief Executive Officer,
President and Secretary
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3
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