Transcat, Inc. Files 8-K: Accountant Change & Exhibits
Ticker: TRNS · Form: 8-K · Filed: Feb 12, 2025 · CIK: 99302
| Field | Detail |
|---|---|
| Company | Transcat Inc (TRNS) |
| Form Type | 8-K |
| Filed Date | Feb 12, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.50 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, accountant-change, filing
TL;DR
Transcat 8-K filed: Accountant change and exhibits. Nothing major yet.
AI Summary
On February 6, 2025, Transcat, Inc. filed an 8-K report. The filing primarily concerns changes in the registrant's certifying accountant and includes financial statements and exhibits. No specific financial figures or new accounting firms were detailed in the provided excerpt.
Why It Matters
This filing signals a potential change in Transcat's auditing firm, which could impact financial reporting transparency and investor confidence.
Risk Assessment
Risk Level: low — The filing is procedural and does not disclose any immediate financial distress or significant operational changes.
Key Numbers
- 000-03905 — SEC File Number (Identifies the company's filing history with the SEC.)
- 16-0874418 — IRS Employer Identification No. (Company's tax identification number.)
Key Players & Entities
- Transcat, Inc. (company) — Registrant
- Ohio (jurisdiction) — State of incorporation
- Rochester, New York (location) — Principal executive offices
FAQ
What is the specific reason for the change in Transcat's certifying accountant?
The provided excerpt does not specify the reason for the change in the certifying accountant.
Which accounting firm is replacing the previous certifying accountant?
The excerpt does not name the new or former certifying accountant.
When was the change in the certifying accountant effective?
The date of earliest event reported is February 6, 2025, and the date as of change is February 12, 2025.
Are there any financial statements included in this filing?
Yes, the filing indicates that financial statements and exhibits are included.
What is Transcat, Inc.'s primary business?
Transcat, Inc. is in the business of Instruments for Measurement and Testing of Electricity & Electric Signals (SIC code 3825).
Filing Stats: 977 words · 4 min read · ~3 pages · Grade level 13 · Accepted 2025-02-12 16:30:19
Key Financial Figures
- $0.50 — ge on which registered Common Stock, $0.50 par value TRNS Nasdaq Global Market
Filing Documents
- trns4440501-8k.htm (8-K) — 34KB
- trns4440501-ex161.htm (EX-16.1) — 3KB
- 0001206774-25-000072.txt ( ) — 208KB
- trns-20250206.xsd (EX-101.SCH) — 3KB
- trns-20250206_pre.xml (EX-101.PRE) — 24KB
- trns-20250206_lab.xml (EX-101.LAB) — 33KB
- trns4440501-8k_htm.xml (XML) — 3KB
01 Changes
Item 4.01 Changes in Registrant's Certifying Accountant. The Audit Committee (the "Committee") of the Board of Directors (the "Board") of Transcat, Inc. (the "Company") approved a change to the Company's independent registered public accounting firm for the fiscal year ending March 28, 2026 and, on February 6, 2025, the Company notified Freed Maxick P.C. (f/k/a Freed Maxick CPAs, P.C., "Freed Maxick"), which is currently serving as the Company's independent registered public accounting firm, of its dismissal effective immediately following Freed Maxick's completion of the audit of the Company's consolidated financial statements as of and for the fiscal year ending March 29, 2025 and the issuance of their report thereon. Upon completion of Freed Maxick's services, the Company will file an amendment to this Current Report on Form 8-K with the specific date of dismissal and an update to the disclosures required by Item 304(a) of Regulation S-K through that date. During the fiscal years ended March 30, 2024 and March 25, 2023, and the subsequent interim period through the date of this Current Report on Form 8-K, there were no: (1) "disagreements" (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and related instructions) with Freed Maxick on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements if not resolved to Freed Maxick's satisfaction would have caused them to make reference in connection with their opinion to the subject matter of the disagreement; or (2) "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K). The audit reports of Freed Maxick on the consolidated financial statements of the Company as of and for the fiscal years ended March 30, 2024 and March 25, 2023, did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. The audit reports of Freed M
01 Financial
Item 9.01 Financial (d) Exhibits . Exhibit No. Description 16.1 Letter from Freed Maxick P.C. dated February 12, 2025 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. TRANSCAT, INC. Dated: February 12, 2025 By: /s/ Thomas L. Barbato Name: Thomas L. Barbato Title: Chief Financial Officer