Advent Technologies Files 8-K/A Amendment
Ticker: ADNH · Form: 8-K/A · Filed: Oct 2, 2024 · CIK: 1744494
Sentiment: neutral
Topics: amendment, auditor-change, financial-reporting
Related Tickers: ADN
TL;DR
Advent Technologies amended its 8-K filing, likely related to auditor changes, impacting financial reporting transparency.
AI Summary
Advent Technologies Holdings, Inc. filed an 8-K/A on October 2, 2024, to amend its previous filing regarding changes in its certifying accountant. The amendment pertains to events that occurred on September 16, 2024, and October 1, 2024, related to the company's financial reporting and auditor.
Why It Matters
This filing indicates a change or clarification regarding Advent Technologies' independent auditor, which is crucial for financial statement integrity and investor confidence.
Risk Assessment
Risk Level: medium — Changes in certifying accountants can sometimes signal underlying issues with financial reporting or internal controls, warranting closer investor scrutiny.
Key Players & Entities
- Advent Technologies Holdings, Inc. (company) — Registrant
- September 16, 2024 (date) — Earliest event date reported
- October 1, 2024 (date) — Date of change
- October 2, 2024 (date) — Filing date
- AMCI Acquisition Corp. (company) — Former company name
FAQ
What specific changes are being made in this 8-K/A filing?
This 8-K/A filing is an amendment to a previous report, specifically addressing changes in the registrant's certifying accountant and related financial statement disclosures.
What was the original date of the event being reported?
The earliest event reported in this filing occurred on September 16, 2024.
When was the amendment filed with the SEC?
This 8-K/A filing was made on October 2, 2024.
What is the company's state of incorporation and fiscal year end?
The company is incorporated in Delaware and its fiscal year ends on December 31.
What was the company's former name?
The company's former name was AMCI Acquisition Corp., with a date of name change on June 22, 2018.
Filing Stats: 1,111 words · 4 min read · ~4 pages · Grade level 13.7 · Accepted 2024-10-01 18:26:14
Key Financial Figures
- $0.0001 — ch registered Common stock, par value $0.0001 per share ADN The Nasdaq Stock Mark
- $345.00 — mon stock, each at an exercise price of $345.00 ADNWW The Nasdaq Stock Market LLC
Filing Documents
- adventtech_8ka.htm (8-K/A) — 37KB
- adventtech_ex16-1.htm (EX-16.1) — 3KB
- 0001829126-24-006581.txt ( ) — 259KB
- adn-20240916.xsd (EX-101.SCH) — 4KB
- adn-20240916_def.xml (EX-101.DEF) — 26KB
- adn-20240916_lab.xml (EX-101.LAB) — 36KB
- adn-20240916_pre.xml (EX-101.PRE) — 25KB
- adventtech_8ka_htm.xml (XML) — 7KB
01
Item 4.01 Changes in Registrant's Certifying Accountant. (a) Resignation of Independent Registered Public Accounting Firm . On September 17, 2024, the Audit Committee of the Board of Directors (the "Audit Committee") of the Company dismissed EY as the Company's independent registered public accounting firm. EY has served as the Company's independent registered public account firm since February 9, 2021, and also served as the independent registered public accounting firm of the Company's subsidiary, Advent Technologies Inc. (the "Prior Company") prior to the Prior Company's business combination with the Company pursuant to that certain Agreement and Plan of Merger dated as of October 12, 2020, as amended (the "Business Combination"). Although EY's audit reports on the Company's financial statements as of and for the fiscal years ended December 31, 2023 and 2022 contained an explanatory paragraph regarding the Company's ability to continue as a going concern, such audit reports 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 year ended December 31, 2023 and the subsequent interim period through September 17, 2024: (1) there were no "disagreements" (as defined in Item 304(a)(1)(iv) of Regulation S-K) with EY 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 EY, would have caused EY to make reference to the subject matter of such disagreements in connection with its reports on the financial statements for such periods and (2) there were no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K), except for the disclosure of the material weakness in the Company's internal control over financial reporting as disclosed in Part II, Item 9A of the Company's Annual Report on Form 10-K for the year ended D
01
Item 9.01 Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from EY to the SEC dated October 1, 2024 104 Cover Page Interactive Data File. (Embedded within the Inline XBRL document.) 2
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 1, 2024 Advent Technologies Holdings, Inc. By: /s/ Vassilios Gregoriou Name: Vassilios Gregoriou Title: Chairman and Chief Executive Officer 3