GLOBAL SELF STORAGE, INC. (NASDAQ:SELF) Files An 8-K Changes in Registrant’s Certifying Accountant

(a) Former independent registered public accounting firm

On October 7, 2019, the Audit Committee of the Board of Directors (the “Audit Committee”) of Global Self Storage, Inc. (the “Company”) approved the dismissal of Tait, Weller & Baker LLP (“TWB”) as the Company’s independent registered public accounting firm.

TWB’s audit reports on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2017 and 2018 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles.

During the fiscal years ended December 31, 2017 and 2018, and the subsequent interim period through October 7, 2019, the effective date of TWB’s dismissal, there were: (i) no disagreements (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K (“Regulation S-K”) of the Securities Exchange Act of 1934, as amended, and the related instructions to Item 304 of Regulation S-K) between the Company and TWB on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to TWB’s satisfaction, would have caused TWB to make reference to the subject matter of the disagreement in connection with its reports on the Company’s consolidated financial statements for such years or any subsequent interim period through the date of dismissal; and (ii) no “reportable events” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

The Company provided TWB with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission (the “SEC”), and requested that TWB furnish a letter addressed to the SEC stating whether or not it agrees with the statements contained herein and, if not, stating the respects in which it does not agree. A copy of TWB’s letter, dated October 11, 2019, is filed as Exhibit 16.1 to this Current Report on Form 8-K.

(b) New independent registered public accounting firm

The Audit Committee conducted a competitive process to determine the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2019.

Following review of proposals from the independent registered public accounting firms that participated in the process, on October 7, 2019, the Audit Committee approved the engagement of RSM US LLP (“RSM”) as the Company’s independent registered public accounting firm for the Company’s fiscal year ending December 31, 2019, subject to completion of RSM’s standard client acceptance procedures and execution of an engagement letter.

During the fiscal years ended December 31, 2017 and 2018 and the subsequent interim period through October 7, 2019, neither the Company nor anyone on its behalf has consulted with RSM regarding: (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither a written report nor oral advice was provided to the Company that RSM concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue; (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K; or (iii) any “reportable event” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

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Global Self Storage, Inc. Exhibit
EX-16.1 2 letter.htm Exhibit 16.1 October 11,…
To view the full exhibit click here

About GLOBAL SELF STORAGE, INC. (NASDAQ:SELF)

Global Self Storage, Inc., formerly Self Storage Group, Inc., is a self-administered and self-managed real estate investment trust. The Company is focused on the ownership, operation, acquisition, development and redevelopment of self-storage facilities. Its self-storage facilities are designed to offer storage space for residential and commercial customers. It owns and operates approximately eight self-storage properties located in New York, Pennsylvania, Illinois, Indiana, South Carolina and Ohio. Its facilities include approximately 485,580 net rentable square feet and over 3,810 storage units. Its facilities feature both covered and outside auto/recreational vehicle (RV)/boat storage. Its facilities feature a rental and payment center. It owns and operates self-storage properties through its subsidiaries, including SSG Bolingbrook LLC, SSG Dolton LLC, SSG Merrillville LLC, SSG Rochester LLC, SSG Sadsbury LLC, SSG Summerville I LLC, SSG Summerville II LLC and SSG Operations LLC.