Village Farms Appoints PricewaterhouseCoopers as New Auditor

TL;DR

VFF swapped auditors from MNP to PwC, effective Aug 7.

AI Summary

Village Farms International, Inc. announced on August 7, 2024, a change in its certifying accountant. The company has dismissed its previous independent registered public accounting firm, MNP LLP, and has appointed PricewaterhouseCoopers LLP as its new auditor. This change is effective immediately.

Why It Matters

A change in auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, potentially impacting investor confidence.

Risk Assessment

Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial irregularities or a lack of confidence in previous audits, warranting closer scrutiny.

Key Players & Entities

• Village Farms International, Inc. (company) — Registrant
• MNP LLP (company) — Former certifying accountant
• PricewaterhouseCoopers LLP (company) — Newly appointed certifying accountant
• August 7, 2024 (date) — Effective date of change

FAQ

From the Filing

0000950170-24-094875.txt : 20240809 0000950170-24-094875.hdr.sgml : 20240809 20240809170415 ACCESSION NUMBER: 0000950170-24-094875 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20240807 ITEM INFORMATION: Changes in Registrant's Certifying Accountant ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240809 DATE AS OF CHANGE: 20240809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Village Farms International, Inc. CENTRAL INDEX KEY: 0001584549 STANDARD INDUSTRIAL CLASSIFICATION: AGRICULTURE PRODUCTION - CROPS [0100] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: Z4 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38783 FILM NUMBER: 241193861 BUSINESS ADDRESS: STREET 1: 4700 - 80TH STREET CITY: DELTA, BRITISH COLUMBIA STATE: Z4 ZIP: V4K 3N3 BUSINESS PHONE: 732-676-3008 MAIL ADDRESS: STREET 1: 4700 - 80TH STREET CITY: DELTA, BRITISH COLUMBIA STATE: Z4 ZIP: V4K 3N3 8-K 1 vff-20240807.htm 8-K 8-K false 0001584549 00-0000000 0001584549 2024-08-07 2024-08-07   UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 07, 2024     VILLAGE FARMS INTERNATIONAL, INC. (Exact name of Registrant as Specified in Its Charter)     Ontario 001-38783 Not applicable (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           4700-80th Street   Delta , British Columbia , Canada   V4K 3N3 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: (604) 940-6012     (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Common Shares, without par value   VFF   The Nasdaq Stock Market LLC Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐   Item 4.01 Changes in Registrant’s Certifying Accountant. On August 7, 2024, following the conclusion of an evaluation managed by the Audit Committee (the “Audit Committee”) of the Board of Directors (the “Board”) of Village Farms International, Inc. (the “Company”), the Board approved the appointment of KPMG LLP (“KPMG”) as the Company’s independent registered public accounting firm effective August 8, 2024. During the Company’s fiscal years ended December 31, 2023 and 2022 and any subsequent interim period through August 8, 2024, neither the Company, nor anyone on its behalf, consulted