Item 4.01 Changes in Registrant's Certifying Accountant.
On September 28, 2022, (the "Effective Date"), Elvictor Group, Inc. (the
"Company") notified its independent registered public accounting firm, BF
Borgers CPA PC ("Borgers"), that the company was terminating Borgers engagement
as the Company's independent auditors and was therefore dismissing Borgers, as
the Company's independent auditors effective immediately. The Company's decision
was approved by its board of directors, acting in lieu of an audit committee.
Concurrently with Borgers dismissal, the board of directors of the Company
appointed RBSM LLP ("RBSM") as the Company's new independent registered public
accounting firm effective, September 28, 2022.
Borger's audit reports on the Company's financial statements for the fiscal
years ended December 31, 2020 and 2021 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 December 31, 2020 and 2021 and through the
Effective Date, there were (i) no disagreements between the Company and Borgers
(as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions
to Item 304 of Regulation S-K) 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 Borgers, would have caused
Borgers to make reference to the subject matter of such disagreements in
connection with its audit reports on the Company's financial statements for such
years, and (ii) no reportable events as that term is defined in Item
304(a)(1)(v) of Regulation S-K.
The Company has provided Borgers with a copy of this current report on Form 8-K
and has requested that Borgers furnish the Company with a letter addressed to
the Securities and Exchange Commission stating whether or not Borgers agrees
with the statements in this Item 4.01 and, if not, stating the respects in which
is does not agree. A copy of this letter, dated September 30, 2022, is filed as
Exhibit 16.1 to this report.
During the Company's two most recent fiscal years ended December 31, 2020 and
2021 and in the subsequent interim period through the Effective Date, the
Company, or anyone acting on its behalf, did not consult with RBSM on (i) the
application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that may be rendered on the
Company's financial statements, and RBSM did not provide either in a written
report or oral advice to the Company that was an important factor considered by
the Company in reaching a decision as to any accounting, auditing, or financial
reporting issue; or (ii) the subject of any disagreement, as defined in Item 304
(a)(1)(iv) of Regulation S-K and the related instructions, or a reportable event
within the meaning set forth in Item 304 (a)(1)(v) of Regulation S-K.
Forward-Looking Statements
This Form 8-K and Exhibit 16.1 attached hereto contain, and may implicate,
forward-looking statements regarding the Company, and include cautionary
statements identifying important factors that could cause actual results to
differ materially from those anticipated.
Item 9.01 Financial Statements and Exhibits.
16.1 Letter from BF Borgers CPA PC, dated September 30, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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