8-K: Current report
Published on March 1, 2002
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
March 1, 2002
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HARRIS & HARRIS GROUP, INC.
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(Exact name of registrant as specified in its charter)
New York 0-11576 13-3119827
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(State or other jurisdiction (Commission File Number) (I.R.S.Employer
of incorporation) Identification No.)
One Rockefeller Plaza, Rockefeller Center, New York, New York 10020
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(Address of principal executive offices and zip code)
(212) 332-3600
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Registrant's telephone number, including area code:
Item 4. Changes in Registrant's Certifying Accountant
a. On February 26, 2002, Harris & Harris Group, Inc. ("Harris & Harris")
appointed the accounting firm of PricewaterhouseCoopers LLP as independent
public accountants for Harris & Harris for the fiscal year ending December
31, 2002. Arthur Andersen LLP will be dismissed effective upon completion
of the December 31, 2001 audit. The decision to change accountants was
approved by Harris & Harris' Audit Committee and the appointment of
PricewaterhouseCoopers LLP will be submitted for ratification by its
stockholders.
b. In connection with its audits for the two most recent fiscal years, (1)
there were no disagreements with Arthur Andersen on any matter of
accounting principle or practice, financial statement disclosure,
auditing scope or procedure, whereby such disagreements, if not
resolved to the satisfaction of Arthur Andersen, would have caused
them to make reference thereto in their report on the financial
statements for such years; and (2) there has been no reportable
events (as defined in Item 304(a)(1)(v)).
c. The reports of Arthur Andersen on the financial statements of Harris
& Harris for the past two years contained no adverse opinion or
disclaimer of opinion and were not qualified or modified as to
uncertainty, audit scope or accounting principle.
d. Harris & Harris has not consulted with PricewaterhouseCoopers LLP
during the last two years or subsequent interim periods on either
the application of accounting principles to a specified transaction
either completed or proposed or the type of audit opinion
PricewaterhouseCoopers LLP might issue on Harris & Harris' financial
statements.
e. Harris & Harris has requested that Arthur Andersen furnish a letter
addressed to the Securities and Exchange Commission stating whether
or not Arthur Andersen agrees with the above statements. A copy of
such letter to the Securities and Exchange Commission, dated March
1, 2002, is filed as Exhibit 16.1 to this Form 8-K.
Item 7. Financial Statements and Exhibits
(a) Not applicable.
(b) Not applicable.
(c) Exhibits.
Exhibit No. Description
16.1 Letter from Arthur Andersen LLP to the Securities and Exchange
Commission, dated March 1, 2002
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.
Date: March 1, 2002 HARRIS & HARRIS GROUP, INC.
By: /s/ Mel P. Melsheimer
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Name: Mel P. Melsheimer
Title: President, Chief Operating
Officer, Chief Financial
Officer and Chief
Compliance Officer
EXHIBIT INDEX
Exhibit No. Description
16.1 Letter from Arthur Andersen LLP to the Securities and
Exchange Commission, dated March 1, 2002
[Arthur Andersen LLP Letterhead]
March 1, 2002
Office of the Chief Accountant
Securities and Exchange Commission
450 Fifth Street, N.W.
Washington, DC 20549
Dear Sir/Madam:
We have read paragraphs a, b, c and e of Item 4 included in the Form
8-K dated March 1, 2002 of Harris & Harris Group, Inc. to be filed
with the Securities and Exchange Commission and are in agreement with
the statements contained therein.
Very truly yours,
/s/ Arthur Andersen LLP
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Arthur Andersen LLP
cc: Mr. Mel P. Melsheimer, Chief Operating Officer,
Harris & Harris Group, Inc.