CCA Industries announced that its board of directors determined that voluntarily delisting the Company's common stock, 1c par value, and Class A common stock, 1c par value from the NYSE American and voluntarily deregistering from the reporting requirements of the Securities Exchange Act of 1934, as amended are in the best interests of the Company. The Company is eligible to deregister the Common Stock because it has fewer than 300 stockholders of record. Accordingly, the Company intends to file on or about April 2, 2019 a Form 25 with the SEC to voluntarily delist the Common Stock from the NYSE American and to deregister the Common Stock from Section 12 of the Exchange Act.
CCA Industries announced that the Audit Committee of the board of directors engaged CohnReznick LLP as the company's principal independent registered public accounting firm to audit its financial statements, replacing BDO USA, LLP, effective March 6, 2018. The change in auditors was not the result of any disagreements between the company and BDO. CohnReznick is the eleventh largest accounting firm in the United States.