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Share Name | Share Symbol | Market | Type |
---|---|---|---|
China Advanced Constr Matls Group (MM) | NASDAQ:CADC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 3.51 | 2.25 | 5.87 | 0 | 01:00:00 |
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): June 29,
2016
CHINA ADVANCED CONSTRUCTION MATERIALS GROUP,
INC.
---------------------------------------
(Exact name of Registrant
as specified in charter)
Nevada | 001-34515 | 20-8468508 |
(State or Other jurisdiction | (Commission File Number) | (IRS Employer |
of Incorporation) | Identification No.) |
9 North West Fourth Ring Road Yingu Mansion Suite
1708
Haidian District Beijing, Peoples Republic of
China 100190
(Address of principal executive offices) (Zip
Code)
+86 10 82525361
(Registrant's telephone number,
including area code)
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 (17CFR230.425)
[ ] Soliciting material
pursuant to Rule14a-12 under the Exchange Act (17CFR240.14a -12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17CFR240.14d -2(b))
[ ] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e
-4(c))
Item 4.01. | Changes in Registrants Certifying Accountant. |
On June 29, 2016, China Advanced Construction Materials Group, Inc., a Nevada corporation (the Company) dismissed Kabani & Company, Inc. (Kabani) as the Companys independent registered public accounting firm. The decision to dismiss Kabani was approved by the Companys audit committee.
Kabani was appointed as the Companys auditors since October 27, 2015, less than a fiscal year ago. As a result, Kabani has not issued any accountants report on the financial statements of the Company.
During the period Kabani served as the Companys auditors through June 29, 2016 (the Applicable Period), there were no disagreements with Kabani on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement(s) if not resolved to Kabanis satisfaction would have caused it to make reference to the subject matter of the disagreement(s) in connection with its report. During the Applicable Period, there were no reportable events of the type described in Item 304(a)(1)(v) of Regulation S-K.
The Company provided Kabani with a copy of the foregoing disclosure and requested Kabani to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made therein. A letter to be furnished by Kabani will be filed as Exhibit 16.1 to an Amendment to this Form 8-K once the Company receives such letter.
On June 29, 2016, the Companys audit committee approved the engagement of Friedman LLP (Friedman) as the Companys independent registered public accounting firm. Friedman had served as the Companys auditors from December 27, 2010 to October 27, 2015.
During the Applicable Period, neither the Company nor anyone on its behalf consulted with Friedman regarding (i) the application of accounting principles to a specified transaction, either completed or proposed; 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 that Friedman concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and its related instructions) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).
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.
Date: July 6, 2016 | CHINA ADVANCED CONSTRUCTION MATERIALS |
GROUP, INC. |
By: /s/ Xianfu Han
Name: Xianfu Han
Title: Chief
Executive Officer
1 Year China Advanced Constr Matls Group (MM) Chart |
1 Month China Advanced Constr Matls Group (MM) Chart |
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