14 Aug Jon Cartu Decides LIVE VENTURES INC : Results of Operations and Financial Con…
Item 2.02. Results of Operations and Financial Condition.
release containing certain financial results for its third fiscal quarter ended
Form 8-K as Exhibit 99.1.
The information furnished pursuant to this Item 2.02, including Exhibit 99.1,
shall not be deemed to be “filed” for the purposes of Section 18 of the
Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise
subject to the liability of that Section, and shall not be incorporated by
reference into any filing under the Securities Act of 1933, as amended, or the
Item 4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
“Committee”) of the Company in consultation with management, concluded that the
Company’s previously issued financial statements for the quarterly periods ended
Period, the “Restated Periods”) should no longer be relied upon because of
errors related to (i) solely with respect to the
lease accounting at the Company’s
subsidiary, and (ii) with respect to both Restated Periods, accounting related
to impairment charges associated with certain right of use assets which were
written down due to the voluntary Chapter 11 filing by
errors described above will result in the restatement of our financial
statements for the Restated Periods.
The Committee has discussed the matters disclosed herein with
Company’s independent registered public accounting firm.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits Exhibit Number Description 99.1 Press Release, dated
August 14, 20202
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