Business Context and Reporting Period
This Form 6-K filing by Pyxis Tankers Inc. covers the period ending May 31, 2022, with the report signed on May 4, 2022. The filing primarily addresses a change in the Company's independent registered accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure regarding auditor appointment and does not contain financial statement data.
Material Changes
- Auditor Change: On April 30, 2022, the Audit Committee appointed KPMG Certified Auditors S.A. as the independent registered accounting firm for the year ended December 31, 2022.
- Previous Auditor: The engagement with Ernst & Young (Hellas) Certified Auditors Accountants S.A. expired.
- Audit History: Reports from Ernst & Young for fiscal years 2021 and 2020 contained no adverse opinions, disclaimers, or qualifications.
Outlook, Risks, and Management Commentary
Management confirmed there were no "disagreements" with the former auditor regarding accounting principles, financial statement disclosure, or auditing scope during the fiscal years ended December 31, 2021 and 2020, or the period from January 1, 2022, through April 30, 2022. Additionally, no "reportable events" occurred during these periods. The Company has not consulted with the new auditor, KPMG, on any matters that were the subject of a disagreement or reportable event.
Investor Verification Checklist
- Verify the effective date of the KPMG engagement for the 2022 fiscal year.
- Review Exhibit 16.1 (Letter from Ernst & Young) to confirm their agreement with the Company's statements regarding the lack of disagreements.
- Monitor future filings (Form 20-F) for the first financial statements audited by KPMG.