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):
January 10, 2020
AURA SYSTEMS, INC.
(Exact name of registrant as specified in
its charter)
| Delaware |
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0-17249 |
|
95-4106894 |
(State or other jurisdiction of
incorporation or organization) |
|
(Commission
File Number) |
|
(IRS Employer
Identification No.) |
10541 Ashdale St.
Stanton, CA 90680
(Address of principal executive offices)
(310) 643-5300
(Registrant’s telephone number, including
area code)
Not Applicable
(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) |
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| ☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| ☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| ☐ |
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 (17 CFR 230.405) or Rule 12b-2 of the Securities Exchange Act
of 1934 (17 CFR 240.12b-2).
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 |
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Trading Symbol(s) |
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Name of each exchange on which registered |
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AUSI |
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Item 4.01 Changes in Registrant’s Certifying Accountant.
(a)
On January 09, 2020 Aura Systems,
Inc. (the “Company”) was informed that KSP Group, Inc. (“KSP”), which was engaged as the independent registered
public accounting firm of the Company, has joined BF Borgers CPA PC (“BFB”). As a result of this transaction, KSP resigned
as the Company’s independent registered public accounting firm on January 09, 2020. On January 09, 2020, following the resignation
of KSP, the Company appointed BFB as its independent registered public accounting firm for the Company’s fiscal year ending
February 28, 2020.
The audit reports of the KSP
on the Company’s financial statements for the fiscal years ended February 28, 2019 and 2018 did not contain an adverse opinion
or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.
During the years ended February
28, 2019 and 2018 and through the date of this Current Report on Form 8-K, the Company has not had any disagreements with KSP on
any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements,
if not resolved to KSP’s satisfaction, would have caused them to make reference thereto in their audit reports on the Company’s
financial statements for such years.
During the years ended February
28, 2019 and 2018 and through the date of this Current Report on Form 8-K, there were no reportable events, as defined in Item 304(a)(1)(v)
of Regulation S-K.
The Company has requested that
KSP furnish us with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements.
A copy of this letter is attached hereto to this amendment to the Form 8-K as Exhibit 16.1.
(b)
During the Company’s two
most recently completed fiscal years and the interim period through the date of engagement of BFB, neither the Company nor anyone
on behalf of the Company consulted with BFB regarding (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 financial statements as
to which the Company received a written report or oral advice that was an important factor in reaching a decision on any accounting,
auditing or financial reporting issue; or (b) any matter that was the subject of a “disagreement” or a “reportable
event” as defined in Items 304(a)(1)(iv) and (v), respectively, of Regulation S-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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.
| Dated: January 10, 2020 |
By: |
/s/ Cipora Lavut |
| |
|
Cipora Lavut |
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|
President |
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