UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 4.01 |
Changes in Registrant’s Certifying Accountant. |
As previously disclosed, on August 15, 2022, Rubicon Technologies, Inc. (formerly known as Founder SPAC) (the “Company”) consummated the previously announced business combination (the “Business Combination”) pursuant to that certain Agreement and Plan of Merger, dated as of December 15, 2021, by and among Founder SPAC (“Founder”), Ravenclaw Merger Sub LLC, Rubicon Technologies, LLC (“Holdings LLC”), and the other parties thereto.
On August 29, 2022, the audit committee of the board of directors of the Company (the “Audit Committee”) unanimously approved a resolution appointing Cherry Bekaert LLP (“Cherry Bekaert”) as the Company’s independent registered public accounting firm to audit the Company’s consolidated financial statements for the fiscal year ending December 31, 2022. Cherry Bekaert served as the independent registered public accounting firm of Holdings LLC prior to the Business Combination. Accordingly, Grant Thornton LLP (“Grant Thornton”), Founder’s independent registered public accounting firm prior to the Business Combination, was informed on August 30, 2022 that it was dismissed as the Company’s independent registered public accounting firm.
The audit report of Grant Thornton on Founder’s financial statements for the fiscal year ending December 31, 2021, its year of formation and sole reporting fiscal year, did not contain an adverse opinion or a disclaimer of opinion, and was not qualified or modified as to uncertainties, audit scope or accounting principles.
During the period from April 26, 2021 (inception) through December 31, 2021 and the subsequent interim period through August 29, 2022, there were no disagreements between Founder and Grant Thornton on any matter of accounting principles or practices, financial disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Grant Thornton, would have caused it to make reference to the subject matter of the disagreements in its reports on Founder’s financial statements for such year.
During the period from April 26, 2021 (inception) through December 31, 2021 and the subsequent interim period through August 29, 2022, there were no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K under the Securities Exchange Act of 1934, as amended).
The Company provided Grant Thornton with a copy of the foregoing disclosures prior to the filing of this Current Report on Form 8-K with the Securities and Exchange Commission (“SEC”) and has requested that Grant Thornton furnish the Company with a letter addressed to the SEC stating whether it agrees with the statements made by the Company set forth above. A copy of Grant Thornton’s letter, dated August 30, 2022, is filed as Exhibit 16.1 to this Current Report on Form 8-K.
During the fiscal year ending December 31, 2021 and the subsequent interim period through August 29, 2022, neither the Company, nor any party on behalf of the Company, consulted with Cherry Bekaert with respect to either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of the audit opinion that might be rendered with respect to the Company’s consolidated financial statements, and no written report or oral advice was provided to the Company by Cherry Bekaert that was an important factor considered by Cherry Bekaert in reaching a decision as to any accounting, auditing or financial reporting issue, or (ii) any matter that was subject to any disagreement (as that term is defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit No. | Description | |
| 16.1 | Letter from Grant Thornton LLP addressed to the Securities and Exchange Commission, dated as of August 30, 2022. | |
| 104 | Cover Page Interactive Data File (formatted as Inline XBRL). |
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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.
| Rubicon Technologies, Inc. | ||
| By: | /s/ Jevan Anderson | |
| Name: Jevan Anderson | ||
| Title: Chief Financial Officer | ||
Date: August 30, 2022
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