AXPWQ Axion Power International Inc (CE)

Item 4.01 Changes in Registration’s Certifying Accountant

On December 15, 2016, Frazier & Deeter, headquartered in Atlanta, Georgia, was engaged as the new independent registered public accounting firm for Axion Power International, Inc. (the “Company”) for the fiscal year ending December 31, 2016. The effective date of Frazier & Deeter’s appointment as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2015 is December 15, 2016. During the fiscal years ended December 31, 2014 and 2015, and the subsequent interim period through December 15, 2016, neither the Company, nor anyone acting on the Company’s behalf, has consulted with Frazier & Deeter regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, in any case where either a written report or oral advice was provided to the Company by Frazier & Deeter that Frazier & Deeter concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a “disagreement” (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).