Item 4.01 Changes in Registrant's Certifying Accountant
(a) The Audit Committee (the "Committee") of the Board of Directors of HF Foods
Group Inc. (the "Company") recently conducted a competitive selection process to
determine the Company's independent registered public accounting firm for the
fiscal year ending December 31, 2021. As a result of this process, the Committee
selected and approved the appointment of BDO USA, LLP ("BDO") as the Company's
independent registered public accounting firm for the fiscal year ending
December 31, 2021, and the Company formally engaged BDO on September 8, 2021.
The Company dismissed Friedman LLP ("Friedman") as the Company's independent
registered public accounting firm as of September 8, 2021.
The reports of Friedman on the Company's consolidated financial statements for
the fiscal years ended December 31, 2019 and 2020 did not contain an adverse
opinion or disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principles. In connection with the audits
of the Company's consolidated financial statements for the fiscal years ended
December 31, 2019 and 2020, and in the subsequent interim period through
September 8, 2021, Friedman had no disagreements with the Company's management
on any matters of accounting principles or practices, financial statement
disclosure or auditing scope and procedures which, if not resolved to the
satisfaction of Friedman, would have caused Friedman to make reference to the
matter in their report. There were no reportable events (as that term is
described in Item 304(a)(1)(v) of Regulation S-K) during the two fiscal years
ended December 31, 2019 and 2020, or in the subsequent period through September
8, 2021, other than as noted in the annual reports on Form 10-K regarding
material weaknesses identified related to ineffective internal accounting
controls that may not be adequately designed or operating effectively.
The Company has provided a copy of the foregoing disclosures to Friedman and
requested that Friedman furnish it with a letter addressed to the Securities and
Exchange Commission stating whether Friedman agrees with the above statements. A
copy of Friedman's letter, dated September 10, 2021, is filed as Exhibit 16.1 to
this Form 8-K.
(b) During the two most recent fiscal years and in the subsequent interim period
through September 8, 2021, the Company has not consulted with BDO with respect
to the application of accounting principles to a specified transaction, either
completed or proposed, or the type of audit opinion that would have been
rendered on the Company's consolidated financial statements, or any other
matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K.
Item 9.01 Financial Statements and Exhibits
(a) Financial Statements of Business Acquired
Not applicable
(b) Pro Forma Financial Information
Not applicable
(c) Shell Company Transactions
Not applicable
(d) Exhibits
Exhibit Number Description
16.1 Letter from Friedman LLP to the Securities and Exchange Commission
dated September 10, 2021
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