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8-KThe Red FlagsRed Alert

Auditor Change

Filed Aug 16, 2022 · 3y ago · Accession 0000950170-22-017510

Plain English

Material event — a significant development the company must disclose promptly.

Read the source below for the full document.

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 11, 2022     ENNIS, INC. (Exact name of Registrant as Specified in Its Charter)     Texas 1-5807 75-0256410 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           2441 Presidential Pkwy.   Midlothian , Texas   76065 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 972 775-9801     (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 Stock, par value $2.50 per share   EBF   The New York Stock Exchange 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. The Audit Committee of the board of Directors of Ennis, Inc. has completed a competitive process to review the appointment of the Company’s independent registered public accounting firm for the fiscal year ending February 28, 2023. The Audit Committee invited several firms, including its current independent registered public accounting firm, Grant Thornton LLP to participate in this process. As a result of this process, on August 11, 2022, the Audit Committee of Ennis, Inc. (the "Company"), approved the engagement of BKM Sowan Horan, LLP ("BKM") as the Company’s independent registered public accounting firm for the Company’s fiscal year ended February 28, 2023, effective immediately, and dismissed Grant Thornton LLP as the Company's independent registered public accounting firm.   Grant Thornton LLP's audit reports on the Company’s consolidated financial statements as of and for the fiscal years ended February 28, 2022 and 2021 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 years ended February 28, 2022, and 2021, and the subsequent interim periods through August 11, 2022, there were (i) no disagreements (as described in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Grant Thornton LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which, if not resolved to Grant Thornton LLP’s satisfaction, would have caused Grant Thornton LLP to make reference thereto in their reports on the financial statements for such years, and (ii) no "reportable events" within the meaning of Item 304(a)(1)(v) of Regulation SK.   The Company provided Grant Thornton LLP with a copy of the disclosures it is making in this Current Report on Form 8-K and requested that Grant Thornton LLP furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements made herein. A copy of Grant Thornton LLP’s letter dated August 15, 2022, is filed as Exhibit 16.1 hereto.   During the fiscal years ended February 28, 2022, and 2021, and the subsequent interim periods through August 11, 2022, neither the Company nor anyone acting on its behalf has consulted with BKM regarding (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements or the effectiveness of internal control over financial reporting, and neither a written report or oral advice was provided to the Company that BKM concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.   Item 9.01 Financial Statements and Exhibits. (d). Exhibits   Exhibit Number   Description       Exhibit 16.1   Letter from Grant Thornton LLP, dated August 15, 2022     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 thereunto duly authorized.       Ennis, Inc.         Date: August 16, 2022 By: /s/ Vera Burnett       Vera Burnett Chief Financial Officer
Filing details
Ticker
EBF
CIK
33002
Form type
8-K
Filing date
Aug 16, 2022
Report date
Aug 11, 2022
Document
ebf-20220811.htm
Size
174 KB