Current Report Filing (8-k)
June 08 2021 - 5:28PM
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): June 2, 2021
GAN Limited
(Exact name of registrant
as specified in its charter)
Bermuda
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001-39274
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Not
Applicable
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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400 Spectrum Center
Drive
Suite 1900
Irvine, CA
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92618
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(Address
of principal executive offices)
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(Zip Code)
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(702) 964-5777
(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:
☐
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Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered
pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Ordinary
Shares, $0.01 par value
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GAN
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The Nasdaq
Stock Market LLC
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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
June 2, 2021, GAN Limited (the “Company”), received notice from BDO USA, LLP (“BDO USA”) that it had ceased
providing services as the Company’s independent registered public accounting firm effective May 27, 2021, as a result of
the audit committee’s notification to BDO USA of its dismissal. The Company subsequently advised BDO USA that the
audit committee had not taken formal action to dismiss BDO USA, and did not have statutory authority under Bermuda Law to remove
an independent auditor. On June 4, 2021 BDO USA notified the Company that it maintains that it was dismissed effective May 27,
2021. On June 8, 2021 the Company’s audit committee determined to treat BDO USA’s June 2, 2021 notice as the
termination of its position as the Company’s independent registered public accounting firm.
BDO
USA was engaged as the Company’s independent registered public accounting firm on April 16, 2021, succeeding BDO, LLP who had served
as the Company’s independent registered public accounting firm since 2012. BDO USA conducted a review of the Company’s financial
results for the quarterly period ended March 31, 2021. BDO USA has never issued a report on the Company’s consolidated financial
statements.
Since
its engagement on April 16, 2021 through June 2, 2021, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K
and related instructions) between the Company and BDO USA 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 BDO USA, would have caused BDO USA to make
reference thereto in its reports on the Company’s consolidated financial statements for 2021. Since BDO USA’s engagement
on April 16, 2021 and through June 2, 2021, there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K.
The
Company provided BDO USA with a copy of the disclosure it is making herein in response to Item 304(a) of Regulation S-K, and requested
that BDO USA furnish the Company with a copy of its letter addressed to the Securities and Exchange Commission (the “SEC”),
pursuant to Item 304(a)(3) of Regulation S-K, stating whether or not BDO USA agrees with the statements related to them made by the Company
in this report.
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.
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GAN Limited
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Date: June 8, 2021
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/s/
Karen E. Flores
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Karen E. Flores
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Chief Financial Officer
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