Gencor Industries Inc. filed SEC Form 8-K: Changes in Registrant's Certifying Accountant
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Item 4.01. Changes in Registrant’s Certifying Accountant.
On November 1, 2024, Gencor Industries, Inc., (the “Company”) was notified that MSL, P.A. (“MSL”), the Company’s independent registered public accounting firm, entered into a transaction with Forvis Mazars, LLP (“Forvis Mazars”), whereby Forvis Mazars acquired substantially all of the assets of MSL and substantially all of the partners and employees of MSL joined Forvis Mazars. As a result, on the effective date of November 1, 2024, the Board of Directors of the Company (the “Board”), upon recommendation by the Audit Committee of the Board, dismissed MSL and appointed Forvis Mazars to serve as the Company’s independent registered public accounting firm.
The audit reports of MSL on the Company’s consolidated financial statements and internal control over financial reporting for the fiscal years ended September 30, 2023 and September 30, 2022 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope, or accounting principles. During the fiscal years ended September 30, 2023 and September 30, 2022 and the interim period through June 30, 2024, the Company had no disagreements with MSL on any matter of accounting principles or practices, financial statement disclosures or audit scope or procedure, which disagreements, if not resolved to the satisfaction of MSL, would have caused them to make reference thereto in their report on the consolidated financial statements for such years.
During the Company’s two most recent fiscal years ended September 30, 2023 and September 30, 2022 and the interim period through June 30, 2024, neither the Company nor anyone on its behalf consulted with Forvis Mazars regarding (i) 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, or (ii) any matter that was either the subject of a disagreement (as described 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).
The Company provided to MSL a copy of the statements made in this Item 4.01. Attached as Exhibit 16.1 to this Form 8-K is a letter from MSL to the Securities and Exchange Commission, dated November 7, 2024, stating that they agree with these statements.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. |
Description | |
| 16.1 | Letter from MSL, P.A. to the Securities and Exchange Commission, dated November 7, 2024 | |
| 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.
| GENCOR INDUSTRIES, INC. | ||||||
| November 7, 2024 | By: | /s/ Marc G. Elliott | ||||
| Marc G. Elliott, President | ||||||
| November 7, 2024 | By: | /s/ Eric E. Mellen | ||||
| Eric E. Mellen, Chief Financial Officer | ||||||