SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
May 20, 1998
SYMBOLLON CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 0-22872 36-3463683
(State or other (Commission File Number) (I.R.S. Employer
jurisdiction of Identification No.)
incorporation)
37 Loring Drive, Framingham, Massachusetts 01702
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(508) 620-7676
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Item 4. Changes in Registrant's Certifying Accountant
Effective April 1, 1998, the Boston office of Richard A.
Eisner & Company, LLP ("RAE") was merged into the Boston office of BDO Seidman,
LLP ("BDO"). This merger resulted in RAE no longer having an office in the
Boston area, and Symbollon Corporation (the "Company") concluded that it would
be appropriate to select a new accounting firm. At a meeting of the Board of
Directors of the Company on May 20, 1998, it was voted to retain BDO to serve as
the Company's independent auditors, effective immediately. RAE's report on the
Company's financial statements for the past two years did not contain an adverse
opinion or disclaimer of opinion, and was not modified as to uncertainty, audit
scope or accounting principles. During the Company's two most recent fiscal
years or any subsequent interim period, there were no disagreements between the
Company and RAE on any matter of accounting principles or practices, financial
statement disclosure, or auditing scope or procedure which, if not resolved to
the satisfaction of RAE, would have caused it to make reference to the subject
matter of the disagreement in connection with its report on the audited
financial statements.
Item 7. Financial Statements, Pro Forma Financial Information and Exhibits
(c) Exhibits.
16.1 The letter of RAE, dated May 26, 1998, stating that it agrees
with the statements made by the Company herein is attached
hereto.
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SIGNATURE
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.
May 27, 1998
SYMBOLLON CORPORATION
By: /s/ Paul C. Desjourdy
----------------------
Paul C. Desjourdy
Executive Vice President and
Chief Financial Officer
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INDEX TO EXHIBITS
Exhibits Description Page No.
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16.1 Letter of Richard A. Eisner & Company, LLP,
dated May 26, 1998.
May 26, 1998
Securities and Exchange Commission
450 Fifth Street, NW
Washington, DC 20549
Re: Symbollon Corporation Commission File # 0-22872
We were previously the independent auditors for Symbollon Corporation (the
"Company"). We were informed by facsimile on May 21, 1998 that our engagement
as principal auditor was terminated. We have read the statements included
under Item 4 of Form 8-K dated May 20, 1998, of the Company and except for the
references to the retention of BDO Seidman, LLP in paragraph of Item 4, as to
which we have no knowledge, we agree with the statements in such Item.
Very truly yours,
/S/ Richard A. Eisner & Company, LLP
Richard A. Eisner & Company, LLP
