UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 4.01. Changes in Registrant’s Certifying Accountant.
(a) On March 23, 2023, the Audit Committee (the “Committee”) of the Board of Directors of Arteris, Inc. (the “Company”) dismissed Moss Adams LLP (“Moss Adams”) as the Company’s independent registered public accounting firm, effective immediately. The report of Moss Adams on the Company’s consolidated financial statements for the calendar years ended December 31, 2021 and 2022 did not contain an adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles. In connection with the audits of the Company’s consolidated financial statements for the calendar years ended December 31, 2021 and 2022 and in the subsequent interim period through March 23, 2023, there were no “disagreements” with Moss Adams on any matters of accounting principles or practices, financial statement disclosure or auditing scope and procedures, which, if not resolved to the satisfaction of Moss Adams, would have caused Moss Adams to make reference to the matter in their report. There were no “reportable events” (as that term is described in Item 304(a)(1)(v) of Regulation S-K) during the two calendar years ended December 31, 2021 and 2022, or in the subsequent period through March 23, 2023.
The Company has provided Moss Adams with a copy of the foregoing disclosures and requested that Moss Adams furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether Moss Adams agrees with the above statements. A copy of Moss Adams’ letter, dated March 24, 2023, is filed as Exhibit 16.1 to this Form 8-K.
(b) On March 23, 2023, the Committee approved the engagement of Deloitte & Touche LLP (“Deloitte”) as the Company’s independent registered public accounting firm for the calendar year ending December 31, 2023, effective immediately.
During the calendar years ended December 31, 2021 and 2022 and the subsequent interim period through March 23, 2023, neither the Company nor anyone on its behalf consulted with Deloitte with respect to (a) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report nor oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue, or (b) any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as described in Item 304(a)(1)(v) of Regulation S-K).
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit |
Description | |
| 16.1 | Letter from Moss Adams LLP to the Securities and Exchange Commission dated March 24, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
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.
| Arteris, Inc. | ||||||
| Date: March 27, 2023 | By: | /s/ Nicholas B. Hawkins | ||||
| Name: | Nicholas B. Hawkins | |||||
| Title: | Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) | |||||
Exhibit 16.1
March 24, 2023
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Ladies and Gentlemen:
We have read the statements made by Arteris, Inc. included under Item 4.01(a) of its Current Report on Form 8-K dated March 23, 2023, to be filed with the Securities and Exchange Commission on March 27, 2023. We agree with the statements concerning our Firm contained therein.
Sincerely,
/s/ Moss Adams LLP