DIGITAL POWER CORPORATION (ETR:DPW) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01.Changes in Registrant’s Certifying Accountant
On December 29, 2016, Digital Power Corporation (the “Company”) dismissed Kost Forer Gabbay and Kasierer, a member of Ernst & Young Global (“EY”) as the Company’s independent registered public accounting firm. The Company’s Audit Committee approved the dismissal of EY. EY’s report on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2014 and 2015 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principle.
During the fiscal years ended December 31, 2014 and 2015 and through December 29, 2016, there were (i) no disagreements with EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to EY’s satisfaction, would have caused EY to make reference thereon in their report on the financial statements for the fiscal years ended December 31, 2014 and 2015, and (ii) no “reportable events” as that term is defined in Item 304(a)(1)(v) of Regulation S-K.
The Company provided EY with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission (“SEC”) and requested that EY furnish a letter addressed to the SEC stating whether it agrees with the statements made above.
About DIGITAL POWER CORPORATION (ETR:DPW)
Deutsche Post AG is a Germany-based provider of postal services. The Company operates through four segments: Post – eCommerce – Parcel, Express, Global Forwarding and Freight, and Supply Chain. The Post – eCommerce – Parcel segment handles both domestic and international mail and provides dialogue marketing, nationwide press distribution services and all electronic services associated with mail delivery. The Express segment offers courier and express services to business and private customers. The Global Forwarding and Freight segment comprises the transportation of goods by rail, road, air and sea. The Supply Chain segment focuses on the delivery of customized logistics solutions, including warehousing, transport and value-added services, and also offers tailored business process outsourcing and marketing communication solutions. DIGITAL POWER CORPORATION (ETR:DPW) Recent Trading Information
DIGITAL POWER CORPORATION (ETR:DPW) closed its last trading session down -0.36 at 31.51 with 2,302,489 shares trading hands.