Summary
This 8-K filing from Axon Enterprise, Inc. on October 25, 2017, primarily informs investors about the company's formal response to a comment letter from the Securities and Exchange Commission (SEC). This letter, dated August 10, 2017, pertained to the SEC's review of Axon's Form 10-K for the fiscal year ending December 31, 2016, and its Form 10-Q for the quarter ending March 31, 2017. The company emphasizes that this SEC review is a routine process, conducted in accordance with Section 408(c) of the Sarbanes-Oxley Act, which mandates reviews of public company disclosures no less frequently than every three years. Axon's last such review was completed on October 30, 2015. The company states it has no indication that this current review deviates from the SEC's standard procedures.
Key Highlights
- 1Axon Enterprise, Inc. filed its response to an SEC comment letter on October 25, 2017.
- 2The comment letter from the SEC was issued on August 10, 2017.
- 3The SEC's review covered Axon's Form 10-K for the year ended December 31, 2016.
- 4The SEC's review also covered Axon's Form 10-Q for the quarter ended March 31, 2017.
- 5Axon characterizes the SEC review as a routine process under Section 408(c) of Sarbanes-Oxley.
- 6The company's disclosures were last reviewed by the SEC on October 30, 2015.
- 7Axon has no reason to believe the current SEC review is non-customary.