Amended Current Report Filing (8-k/a)
26 February 2022 - 8:03AM
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
Amendment
No. 1
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 2022 (February 23, 2022)
MercadoLibre, Inc.
(Exact Name of Registrant as Specified in its Charter)
Delaware |
001-33647 |
98-0212790 |
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
WTC Free Zone
Dr. Luis Bonavita 1294, Of. 1733, Tower II
Montevideo, Uruguay, 11300
(Address of registrant’s principal
executive offices) (Zip Code)
+598-2-927-2770
(Registrant’s
telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy
the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
☐ Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)
☐ Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title of Class |
Trading Symbol(s) |
Name of each exchange on which registered |
Common Stock, $0.001 par value per share |
MELI |
Nasdaq Global Select Market |
2.375% Sustainability Notes due 2026 |
MELI26 |
The Nasdaq Stock Market LLC |
3.125% Notes due 2031 |
MELI31 |
The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging Growth Company
☐
If an emerging growth company, indicate
by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
EXPLANATORY NOTE
This Current Report on Form 8-K/A amends the Current Report on Form 8-K that was filed with
the Securities and Exchange Commission (the “SEC”) on November 8, 2021 (the “Initial Form 8-K”) by MercadoLibre,
Inc. (the “Company”), concerning the decision of the Audit Committee of the Company’s Board of Directors (the “Audit
Committee”) to select Pistrelli, Henry Martin y Asociados S.R.L., a member firm of Ernst & Young Global Limited (“EY”),
as the Company’s new independent registered public accounting firm for the Company’s fiscal year ending December 31, 2022,
and related interim periods, following the completion of the audit services performed by Deloitte & Co S.A. (“Deloitte”)
for the fiscal year ending December 31, 2021 and the filing of the Company’s 2021 Annual Report on Form 10-K on February 23, 2022.
|
Item 4.01. |
Changes in Registrant’s Certifying Accountant. |
|
1. |
As previously reported in the Initial Form 8-K, on November 2, 2021, the Audit Committee selected EY as the Company’s independent
registered public accounting firm for the Company’s fiscal year ending December 31, 2022 contingent upon the execution of an engagement
letter following completion of EY’s client acceptance procedures. On December 20, 2021, the Company and EY executed that engagement
letter. |
|
2. |
Deloitte continued as the Company’s independent registered public accounting firm for the fiscal year ended December 31, 2021. On
February 23, 2022, when the Company filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 with the SEC, Deloitte
completed its audit of the Company’s consolidated financial statements for such fiscal year, and the Company’s retention of
Deloitte as its independent registered public accounting firm with respect to the audit of the Company’s financial statements ended
as of that date. |
|
3. |
Deloitte’s reports on the Company’s consolidated financial statements for the fiscal years ended December 31, 2020 and December
31, 2021, do not contain any adverse opinion or disclaimer of opinion, and they are not qualified or modified as to uncertainty, audit
scope, or accounting principles. |
|
4. |
During the fiscal years ended December 31, 2020 and December 31, 2021 and the subsequent interim period through February 23, 2022, the
effective date of Deloitte’s dismissal, there were (i) no disagreements with Deloitte on any matter of accounting principles or
practices, financial statement disclosure, or auditing scope or procedure, any of which, if not resolved to Deloitte’s satisfaction,
would have caused it to make reference to the subject matter of any such disagreement in connection with its reports for such years or
interim period and (ii) no “reportable events” requiring disclosure pursuant to paragraph (a)(1)(v) of Item 304 of Regulation
S-K, except concerning the material weaknesses in the Company’s internal control over financial reporting disclosed in Item 4 of
the Company’s Quarterly Reports on Form 10-Q for the quarterly periods ended June 30, 2020 and September 30, 2020, and reported
in Item 9A of Amendment No. 1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with
the SEC on December 23, 2020. |
|
5. |
In accordance with Item 304(a)(3) of Regulation S-K, the Company has provided Deloitte a copy of the disclosures it is making in
this Current Report on Form 8-K/A prior to filing with the SEC and requested that Deloitte furnish the Company with a letter addressed
to the SEC stating whether or not Deloitte agrees with the above statements. A copy of that letter, dated February 25, 2022, is
filed as Exhibit 16.1 to this Current Report on Form 8-K/A. |
|
6. |
During the fiscal years ended December 31, 2020, and December 31, 2021, and the subsequent interim period through February 23, 2022, neither
the Company nor anyone on its behalf has consulted with EY regarding (i) the application of accounting principles to a specific transaction,
either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, where either
a written report or oral advice was provided to the Company that EY concluded was an important factor considered by the Company in reaching
a decision as to the accounting, auditing or financial reporting issue, (ii) any matter that was the subject of a disagreement within
the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions to item 304 of Regulation S-K or (iii) any
reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K. |
Item 9.01 |
Financial Statements and Exhibits. |
(d) Exhibits
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.
|
MercadoLibre, Inc. |
|
|
|
Dated: February 25, 2022 |
By: |
/s/ Pedro Arnt |
|
Name: |
Pedro Arnt |
|
Title: |
Chief Financial Officer |
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