| Item 4.01 | Changes in Registrant’s Certifying Accountants. |
On December 17, 2018, the Board of Directors of Altus Midstream Company (“Company”), upon the recommendation of the Audit Committee of the Board of Directors, unanimously resolved (i) to dismiss WithumSmith+Brown, PC (“Withum”) as its independent public accountants and (ii) to engage Ernst & Young LLP (“EY”) to serve as the Company’s independent public accountants for the fiscal year ending December 31, 2018. This decision followed the consummation of the Company’s initial business combination on November 9, 2018.
The audit reports of Withum on the consolidated financial statements of the Company and subsidiaries as of and for the fiscal year ended December 31, 2017 and for the period from December 12, 2016 (inception) to December 31, 2016 did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.
During the period from the Company’s inception on December 12, 2016 to December 31, 2017, and from January 1, 2018 through the date of this Form8-K, there were no disagreements between the Company and Withum on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Withum’s satisfaction, would have caused Withum to make reference to the subject matter of the disagreement in connection with their reports; and there were no reportable events, as described in Item 304(a)(1)(v) of RegulationS-K under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
The Company provided Withum with a copy of the above disclosures. A letter dated December 19, 2018, from Withum stating its agreement with such statements is listed under Item 9 as Exhibit 16.1 and is incorporated herein by reference.
During the period from the Company’s inception on December 12, 2016 to December 31, 2017, and from January 1, 2018 through the date of this Form8-K, the Company did not consult EY with respect to (i) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and no written report or oral advice was provided to the Company by EY that EY concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement, as that term is described in Item 304(a)(1)(iv) of RegulationS-K under the Exchange Act and the related instructions to Item 304 of RegulationS-K under the Exchange Act, or a reportable event, as that term is described in Item 304(a)(1)(v) of RegulationS-K under the Exchange Act.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
