0001099590 false 0001099590 2021-11-08 2021-11-08 0001099590 MELI:CommonStock0.001ParValuePerShareMember 2021-11-08 2021-11-08 0001099590 MELI:Sec2.375SustainabilityNotesDue2026Member 2021-11-08 2021-11-08 0001099590 MELI:Sec3.125NotesDue2031Member 2021-11-08 2021-11-08 iso4217:USD xbrli:shares iso4217:USD xbrli:shares




Washington, D.C. 20549





Pursuant to Section 13 or 15(d)

of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): November 8, 2021 (November 2, 2021)


MercadoLibre, Inc.
(Exact Name of Registrant as Specified in its Charter)

Delaware 001-33647 98-0212790
(State or Other Jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification Number)


WTC Free Zone

Dr. Luis Bonavita 1294, Of. 1733, Tower II

Montevideo, Uruguay, 11300

(Address of registrant’s principal executive offices) (Zip Code)


(+598) 2-927-2770
(Registrant’s telephone number, including area code)

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):


    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240-14a-12)

    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:

Title of Class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.001 par value per share MELI Nasdaq Global Select Market
2.375% Sustainability Notes due 2026 MELI26 The Nasdaq Stock Market LLC
3.125% Notes due 2031 MELI31 The Nasdaq Stock Market LLC


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging Growth Company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.





Item 4.01. Changes in Registrant’s Certifying Accountant.

On November 2, 2021, MercadoLibre, Inc. (the “Company”), at the direction of the Audit Committee (the “Committee”) of the Board of Directors of the Company, informed its current independent registered public accounting firm, Deloitte & Co S.A. (“Deloitte”), that it will be dismissed as the Company’s independent registered public accounting firm effective upon completion of their audit of the Company’s consolidated financial statements as of and for the year ending December 31, 2021, and the issuance of their report thereon.

Deloitte’s reports on the Company’s consolidated financial statements for the fiscal years ended December 31, 2019 and December 31, 2020, do not contain any adverse opinion or disclaimer of opinion, and they are not qualified or modified as to uncertainty, audit scope, or accounting principles.

During the fiscal years ended December 31, 2019 and December 31, 2020 and the subsequent interim period through November 2, 2021, there were (i) no disagreements with Deloitte on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, any of which, if not resolved to Deloitte’s satisfaction, would have caused it to make reference to the subject matter of any such disagreement in connection with its reports for such years or interim period and (ii) no “reportable events” requiring disclosure pursuant to paragraph (a)(1)(v) of Item 304 of Regulation S-K, except concerning the material weaknesses in the Company’s internal control over financial reporting disclosed in Item 4 of the Company’s Quarterly Reports on Form 10-Q for the quarterly periods ended June 30, 2020 and September 30, 2020, and reported in Item 9A of Amendment No. 1 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2019, filed with the Securities and Exchange Commission (the “SEC”) on December 23, 2020.

In accordance with Item 304(a)(3) of Regulation S-K, the Company has provided Deloitte a copy of the disclosures it is making in this Current Report on Form 8-K prior to filing with the SEC and requested that Deloitte furnish the Company with a letter addressed to the SEC stating whether or not Deloitte agrees with the above statements.  A copy of that letter, dated November 8, 2021, is filed as Exhibit 16.1 to this Current Report on Form 8-K.

Also on November 2, 2021, the Committee approved the appointment of Pistrelli, Henry Martin y Asociados S.R.L., a member firm of Ernst & Young Global Limited, (“EY”) as the Company’s new independent registered public accounting firm, contingent upon the execution of an engagement letter following completion of EY’s client acceptance procedures. EY’s appointment is for the Company’s fiscal year ending December 31, 2022, and related interim periods.

During the fiscal years ended December 31, 2019, and December 31, 2020, and the subsequent interim period through November 2, 2021, neither the Company nor anyone on its behalf has consulted with EY regarding (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, where either a written report or oral advice was provided to the Company that EY concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions to item 304 of Regulation S-K or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.


Item 9.01 Financial Statements and Exhibits.

(d) Exhibits




16.1   Letter of  Deloitte & Co S.A. dated November 8, 2021.





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.


  MercadoLibre, Inc.

Dated: November 8, 2021


By: /s/ Pedro Arnt
  Name: Pedro Arnt
  Title: Chief Financial Officer









16.1   Letter of  Deloitte & Co S.A. dated November 8, 2021.






November 8, 2021

Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549

Ladies and Gentlemen:

We have read the statements made by MercadoLibre, Inc. (copy attached), which we understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-K, as part of the Form 8-K of MercadoLibre, Inc. dated November 8, 2021. We agree with the statements concerning our Firm contained in the first, second, third and fourth paragraphs on page 2 therein. We have no basis to agree or disagree with other statements of the registrant contained therein.


Deloitte & Co S.A.