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
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
(State or other jurisdiction | (Commission File Number) | (I.R.S. Employer | ||
of incorporation) | Identification Number) |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including
area code:
1430 Broadway, Suite 503, New York, NY 10018
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)) |
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. ☐
Securities registered pursuant to Section 12(b) of the act:
Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Item 4.01. Change in Registrant’s Certifying Accountant.
On June 7, 2021, Presidential Realty Corporation (the “Company”), engaged Baker Tilly US, LLP (“Baker Tilly”) to serve as the Company’s independent registered public accounting firm. Baker Tilly had previously served as the Company’s independent registered public accountant until it resigned on March 27, 2018.
Baker Tilly’s last report on the Company’s financial statements for the fiscal years ended December 31, 2016 and 2015 contained no adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles, other than to state that there is substantial doubt about the Company’s ability to continue as a going concern.
During the Company’s fiscal years ended December 31, 2016 and 2015 there were: i) no “disagreements” (within the meaning of Item 304(a) of Regulation S-K) with Baker Tilly on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which disagreements, if not resolved to Baker Tilly’s satisfaction, would have caused it to make reference to the subject matter of the disagreement in connection with its reports on the financial statements of the Company; and (ii) no “reportable events” (as such term is defined in Item 304(a)(1)(v) of Regulation S-K).
The Company has provided Baker Tilly with a copy of the disclosure contained in this Current Report on Form 8-K, and requested Baker Tilly to furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements made by the Company herein and, if not, stating the respects in which it does not agree. A copy of this letter is filed as Exhibit 16.1 to this Current Report on Form 8-k.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits. | Description | |
16.1 | Letter of Baker Tilly US, LLP | |
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
1
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.
PRESIDENTIAL REALTY CORPORATION | ||
Date: September 20, 2021 | By: | /s/ Nickolas Jekogian |
CEO |
2
Exhibit 16.1
Baker Tilly US, LLP | |
8219 Leesburg Pike, Ste 800 | |
Tysons, VA 22182-2625 | |
T: +1 (703) 923 8300 | |
F: +1 (703) 923 8330 | |
bakertilly.com |
September 20, 2021
Securities and Exchange Commission:
100 F Street, NE
Washington, DC 20549
Securities and Exchange Commission:
We have read the statements made by Presidential Realty Corporation (copy enclosed), which we understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-K, as part of the Form 8-K of Presidential Realty Corporation dated September 20, 2021. We agree with the statements concerning our Firm in such Form 8-K.
Sincerely,
/s/ Baker Tilly US, LLP
Baker Tilly US, LLP
Enclosure
Baker Tilly US, LLP, trading as Baker Tilly, is a member of the global network of Baker Tilly International Ltd., the members of which are separate and independent legal entities. © 2020 Baker Tilly US, LLP
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Cover |
Jun. 07, 2021 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Amendment Flag | false |
Document Period End Date | Jun. 07, 2021 |
Entity File Number | 1-8594 |
Entity Registrant Name | Presidential Realty Corporation |
Entity Central Index Key | 0000731245 |
Entity Tax Identification Number | 13-1954619 |
Entity Incorporation, State or Country Code | DE |
Entity Address, Address Line One | 530 Seventh Avenue |
Entity Address, Address Line Two | Suite 407 |
Entity Address, City or Town | New York |
Entity Address, State or Province | NY |
Entity Address, Postal Zip Code | 10018 |
City Area Code | (914) |
Local Phone Number | 948-1300 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Entity Emerging Growth Company | false |
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