Current Report Filing (8-k)
August 26 2021 - 5:13PM
Edgar (US Regulatory)
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2021-07-08
2021-07-08
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UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
July 8, 2021
SUMMIT NETWORKS INC.
(Name of small business in its charter)
Nevada
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333-199108
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35-2511257
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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S101-5289 Cambie Street
Vancouver BC Canada V5Z 0J5
(Address
of principal executive offices)
Registrant’s telephone number:
604-336-5353
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any
of the following provisions:
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☐
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Written communications pursuant to Rule 425 under the Securities
Act
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange
Act
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under
the Exchange Act
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Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities
Exchange Act of 1934 (17 CFR §240.12b-2).
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.
Indicate by check mark whether the registrant
is a shell company (as defined in Rule 12b-2 of the Exchange Act).
☐ Yes ☒ No
Securities registered pursuant to Section 12(b)
of the act: None
Title of each class:
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Trading Symbol(s):
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Name of each exchange on which registered:
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N/A
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N/A
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N/A
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Item 4.01 Changes In Registrant’s Certifying Accountant
The Board of Directors of Summit Networks,
Inc. (the “Company”), acting as the Company’s Audit Committee, announces that it has appointed Assenture as the Company’s
independent auditor for the 2021 fiscal year ending July 31, 2021, replacing Prager Metis CPA’s, LLC (“PMC”). Assenture’s
address is 20 Maxwell Road, #11-07/08 Maxwell House, Singapore 069113.
This action effectively terminates
the Company’s engagement of PMC for the fiscal year ending July 31, 2021. Through the date of this Form 8-K, there have been no disagreements
with PMC on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements
if not resolved to PMC’s satisfaction would have caused them to make reference to the subject matter of the disagreement in connection
with their reports
The Company has provided PMC with
a copy of this form 8-K and the Company has requested that PMC furnish a letter addressed to the Commission stating whether they agree
with the statements above.
For the years ended July 31, 2019
and 2020 and through the date of this form 8-K, neither the Company nor anyone acting on the Company’s behalf consulted Assenture with
respect to 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, or any other matters or reportable events as defined in Item
304(a)(2)(i) and (ii) of Regulation S-K. Assenture has been asked to review this disclosure and Assenture has been provided an opportunity
to furnish a letter to the SEC containing any new information, clarification, or disagreement with the statements made herein.
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 thereunto duly
authorized.
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Summit Networks Inc.
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Date: August 26, 2021
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By:
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/s/
Shuhua Liu
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Shuhua Liu
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Chief Executive Officer
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(Principal Executive Officer)
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2
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