Polished.com Announces Engagement of Sadler as the Company’s Independent Auditor

Rhea-AI Summary

Polished.com Inc. (NYSE: POL), a shopping destination for home appliances, announced that its Audit Committee approved the engagement of Sadler, Gibb & Associates, LLC as its independent accounting firm for fiscal years 2021 and 2022. This engagement aims to enhance the company's transparency and financial reporting practices. Polished provides a comprehensive shopping experience, focusing on customer service and product selection while offering a 'Love-It-Or-Return-It' policy. Forward-looking statements in the release highlight potential risks and uncertainties affecting future performance.

Positive

• Engagement of Sadler, Gibb & Associates as independent accounting firm may enhance financial reporting.
• Polished has a customer-friendly 'Love-It-Or-Return-It' policy, which could improve customer satisfaction.

Negative

• None.

BROOKLYN, N.Y.--(BUSINESS WIRE)-- Polished.com Inc. (NYSE: POL) (formerly known as 1847 Goedeker Inc.) (“Polished” or the “Company”), a content-driven and technology-enabled shopping destination for appliances, furniture and home goods in the U.S. household appliances market, today announced that the Audit Committee of the Company’s Board of Directors (the “Board”) has approved the engagement of Sadler, Gibb & Associates, LLC (“Sadler”) as the Company’s independent registered public accounting firm for the fiscal years ended December 31, 2022 and 2021.

ABOUT POLISHED

Polished is raising the bar, delivering a world-class, white-glove shopping experience for home appliances. From the best product selections from top brands to exceptional customer service, we are simplifying the purchasing process and empowering consumers as we provide a polished experience, from inspiration to installation. A product expert helps customers get inspired and imagine the space they want, then shares fresh ideas, unbiased recommendations and excellent deals to suit the project's budget and style. The goal is peace of mind when it comes to new appliances. Polished perks include its "Love-It-Or-Return-It" 30-day policy, extended warranties, the ability to arrange for delivery and installation at your convenience and other special offers. Learn more at www.Polished.com.

FORWARD LOOKING STATEMENTS

This press release contains "forward-looking statements" that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "believe," "contemplate," "could," "estimate," "expect," "intend," "seek," "may," "might," "plan," "potential," "predict," "project," "target," "aim," "should," "will", "would," or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company's current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors, which are, in some cases, beyond the Company’s control and which could materially affect results. Factors that may cause actual results to differ materially from current expectations include, among other things, those described more fully in the section titled "Risk Factors" of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021, and Quarterly Report on Form 10-Q for the quarter ended March 31, 2022, filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and the Company undertakes no duty to update such information except as required under applicable law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20221228005089/en/

Greg Marose / Ashley Areopagita

ir@polished.com

Source: Polished.com

FAQ

What recent announcement did Polished.com make regarding its accounting firm?

Polished.com announced the engagement of Sadler, Gibb & Associates as its independent registered public accounting firm for fiscal years ended December 31, 2021, and 2022.

How does Polished.com enhance customer experience?

Polished.com enhances customer experience by offering a comprehensive shopping experience, exceptional customer service, and a 'Love-It-Or-Return-It' policy.

What is the stock symbol for Polished.com?

The stock symbol for Polished.com is POL.