BEIJING, Jan. 4, 2022 /PRNewswire/ -- AirNet Technology
Inc., formerly known as AirMedia Group Inc. ("AirNet" or the
"Company") (Nasdaq: ANTE), an in-flight solution provider on
connectivity, entertainment, and digital multimedia in China, today announced the appointment of
Audit Alliance LLP ("Audit Alliance") as the Company's
independent registered public accounting firm to replace
Marcum Bernstein & Pinchuk LLP
("MBP"), effective December 31,
The change of the Company's independent auditor was made after
careful consideration and evaluation process and was approved by
the board of directors of the Company (the "Board") and the audit
committee of the Board.
During the fiscal years ended December
31, 2020 and 2019 and the subsequent interim period through
December 31, 2021, neither the
Company nor anyone acting on its behalf consulted with Audit
Alliance regarding any of the matters or events set forth in in
Item 16F(a)(2)(i) and (ii) of Form 20-F.
The Company is working closely with Audit Alliance and MBP to
ensure a seamless transition.
This announcement contains forward-looking statements within the
meaning of the safe harbor provisions of the U.S. Private
Securities Litigation Reform Act of 1995. These forward-looking
statements can be identified by terminology such as "will,"
"expects," "is expected to," "anticipates," "aim," "future,"
"intends," "plans," "believes," "are likely to," "estimates,"
"may," "should" and similar expressions. The Company may also make
written or oral forward-looking statements in its reports filed
with, or furnished to, the U.S. Securities and Exchange Commission,
in its annual reports to shareholders, in press releases and other
written materials and in oral statements made by its officers,
directors or employees to third parties. Forward-looking statements
are based upon management's current expectations and current market
and operating conditions, and involve inherent risks and
uncertainties, all of which are difficult to predict and many of
which are beyond the Company's control, which may cause its actual
results, performance or achievements to differ materially from
those in the forward-looking statements. Further information is
included in the Company's filings with the U.S. Securities and
Exchange Commission. All information provided in this announcement
is as of the date of this announcement, and the Company does not
undertake any obligation to update any forward-looking statement as
a result of new information, future events or otherwise, except as
required under law.
SOURCE AirNet Technology Inc.