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 Change in Registrant’s Certifying Accountant
On June 3, 2024, the Registrants’ CEO dismissed RW Group. LLC (“RW Group”) as the Registrant’s independent registered public accounting firm. RW Group served as the Registrant’s independent public accounting firm since 2021. The Registrants Board of Directors neither recommended nor approved the decision to change accountants
The audit reports of RW Group on the Registrant’s financial statements for the fiscal years ended October 31, 2022, and 2023, did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principle other than an explanatory paragraph regarding the Registrant’s ability to continue as a going concern.
During the Registrant’s fiscal years ended October 31, 2022 and 2023, and through. January 31, 2024, there was no disagreement(s) with RW Groupon any matter of accounting principles or practices, financial statement disclosure or procedure, which disagreement(s), if not resolved to the satisfaction of RW Group, would have caused it to make a reference to the subject matter of the disagreement(s) in connection with its report, nor were there any “reportable events”, as such term is described in Item304(a)(1)(v) of Regulation S-K promulgated under the Securities Act of 1934, as amended (the “1934 Act”).
The Registrant provided RW Group with a copy of this Form 8-K prior to filing with the U.S. Securities and Exchange Commission (“Commission”) and requested RW Group to furnish the Registrant with a letter addressed to the Commission stating whether it agrees with the above statements. A copy of RW Group’s letter, dated June 6, 2024, is attached as Exhibit 16.1 to this Form 8-K.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit 16.1 | Letter from RW Group. LLC |
Exhibit 104 | Cover Page Data File (embedded within the Inline XBRL document) |
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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: June 6, 2024 | Innovative Designs, Inc. | |
By: | /s/ Joseph Riccelli | |
Joseph Riccelli, Chief Executive Officer |
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