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VCYT > SEC Filings for VCYT > Form 8-K on 10-Jun-2014All Recent SEC Filings

Show all filings for VERACYTE, INC.

Form 8-K for VERACYTE, INC.


10-Jun-2014

Changes in Registrant's Certifying Accountant, Financial Statements and Exhibits


Item 4.01 Changes in Registrant's Certifying Accountant.

(a) On June 4, 2014, the Audit Committee ("the Audit Committee") of the Board of Directors of Veracyte, Inc. (the "Company") approved the dismissal of PricewaterhouseCoopers LLP ("PwC") as the Company's independent registered public accounting firm.

The reports of PwC on the financial statements of the Company for the fiscal years ended December 31, 2013 and 2012 did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainty, audit scope, or accounting principles, except that the PwC report on the Company's financial statements as of December 31, 2011 and 2012 and for each the two years in the period ended December 31, 2012, included in the Company's registration statement on Form S-1 (File No. 333-191282) and related prospectus dated October 29, 2013, contained an emphasis of matter paragraph relating to the Company's experience of recurring operating losses and negative cash flows from operations as described in Note 2 to such financial statements.

During the Company's fiscal years ended December 31, 2013 and 2012, and through June 4, 2014, the Company did not have any disagreements with PwC on any matter of accounting principles or practices, financial statement disclosure or auditing scope, or procedure, which disagreements, if not resolved to the satisfaction of PwC, would have caused it to make reference to the subject matter of the disagreements in connection with its reports on the financial statements for such periods.

During the Company's fiscal years ended December 31, 2013 and 2012, and through June 4, 2014, there were no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K.

The Company provided PwC a copy of the above disclosures and requested PwC to furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the statements made above. A copy of PwC's letter dated June 10, 2014, is filed as Exhibit 16.1 to this Current Report on Form 8-K.

(b) On June 4, 2014, the Audit Committee approved the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014. During the Company's fiscal years ended December 31, 2013 and 2012 and in the subsequent interim period through June 4, 2014, neither the Company nor anyone acting on its behalf has consulted with Ernst & Young LLP on any of the matters or events set forth in Item 304(a)(2) of Regulation S-K.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.                                  Description

16.1          Letter from PricewaterhouseCoopers LLP to the Securities and Exchange
              Commission, dated June 10, 2014


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