pdvWireless, Inc. (NASDAQ:PDVW) Files An 8-K Changes in Registrant’s Certifying AccountantItem 4.01 Changes in Registrant’s Certifying Accountant.
The Audit Committee of the Board of Directors (“Committee”) of pdvWireless, Inc., a Delaware corporation (the “Company”), conducted a competitive process to evaluate and select the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2019. The Committee invited several independent registered public accounting firms to participate in this process, including PKF O’Connor Davies, LLP, which audited the Company’s financial statements for the fiscal years ended March 31, 2017 and 2018.
As a result of this process, on June 25, 2018, the Committee approved the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2019. Also on June 25, 2018, the Committee dismissed PKF O’Connor Davies, LLP as the Company’s independent registered public accounting firm.
The reports of PKF O’Connor Davies, LLP on the Company’s financial statements for each of the two fiscal years ended March 31, 2017 and 2018 did not contain an adverse opinion or a disclaimer of opinion, nor were the reports on the Company’s financial statements qualified or modified as to uncertainty, audit scope or accounting principles. In addition, in connection with the audits of the Company’s financial statements for the fiscal years ended March 31, 2017 and 2018, there were no “disagreements” (as that term is described in Item 304(a)(1)(iv) of Regulation S-K) between the Company and PKF O’Connor Davies, LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which, if not resolved to the satisfaction of PKF O’Connor Davies, LLP, would have caused PKF O’Connor Davies, LLP to make reference to the subject matter of the disagreement in connection with its report on the Company’s financial statements for such years.Further, in the fiscal years ended March 31, 2017 and 2018, there were no “reportable events” (as that term is described in Item 304(a)(1)(v) of Regulation S-K).
The Company provided PKF O’Connor Davies, LLP with a copy of the disclosures contained in this Form 8-K and requested that PKF O’Connor Davies, LLP furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements contained herein. A copy of PKF O’Connor Davies, LLP’s letter, dated June 29, 2018, is filed as Exhibit 16.1 to this Form 8-K.
During the Company’s fiscal years ended March 31, 2017 and 2018, neither the Company nor anyone on its behalf consulted with Grant Thornton LLP with respect to (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the Company’s consolidated financial statements, and neither a written report nor oral advice was provided to the Company by Grant Thornton LLP that Grant Thornton LLP concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (b) any matter that was either the subject of a disagreement or a reportable event (as those terms are described in Item 304(a)(1)(iv) and (v), respectively, of Regulation S-K).
Item 9.01. Exhibits.
(d) The following exhibit is filed with this Current Report.
pdvWireless, Inc. ExhibitEX-16.1 2 pdvw-20180629xex16_1.htm EX-16.1 Exhibit 161 – Auditor Letter from PKF Exhibit 16.1 June 29,…To view the full exhibit click here
About pdvWireless, Inc. (NASDAQ:PDVW)
pdvWireless, Inc., formerly Pacific DataVision, Inc., is a wireless communications carrier and a provider of mobile workforce communication and location-based solutions. The Company’s solutions focus on enhancing the productivity of its customers’ field-based workers, and the efficiency of their dispatch and call center operations. The Company is deploying and operating the two-way radio networks that offer push-to-talk (PTT) communications services to primarily dispatch-centric, small and medium-sized businesses. The Company has launched its PTT networks in markets throughout the United States. The Company offers its DispatchPlus service, which combines pdvConnect, its suite of mobile communication and workforce management applications with digital network architecture and mobile devices. Developed for dispatch-centric businesses, pdvConnect enables businesses to locate and communicate with their field workers.
