Business Context and Reporting Period
This Form 8-K Current Report was filed by Custom Truck One Source, Inc. (formerly Nesco Holdings, Inc.) on April 1, 2021. The filing addresses a corporate governance change regarding the company's independent registered public accounting firm.
Financial Metrics
This filing does not contain financial performance data. There are no reported figures for revenue, profit, cash flow, margins, debt, or liquidity in this document.
Material Changes
The primary material change reported is the replacement of the company's external auditor:
- Dismissed: Deloitte & Touche LLP, effective immediately as of April 1, 2021.
- Engaged: Ernst & Young LLP (EY), effective immediately as of April 1, 2021, for the fiscal year ending December 31, 2021.
The Audit Committee confirmed that Deloitte & Touche's reports for the fiscal years ended December 31, 2020, and 2019, did not contain adverse opinions, disclaimers, or qualifications. Furthermore, there were no disagreements or "reportable events" between the company and Deloitte & Touche during the 2019 and 2020 fiscal years or the interim period through March 31, 2021.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary regarding future business performance. No specific risks or contingencies related to financial operations are disclosed in this report. The company confirmed that no consultations regarding accounting principles or audit opinions were held with EY prior to their engagement.
Key Facts for Investor Verification
- Verify the effective date of the auditor change (April 1, 2021) and the transition from Deloitte & Touche to Ernst & Young LLP.
- Confirm that no disagreements or reportable events occurred with the former auditor during the 2019-2020 period.
- Note that this filing is a procedural update and does not include financial results; refer to the most recent Form 10-K or 10-Q for financial data.