PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.: auditor change — PreAxia dismisses auditor Saddler Gibb amid missed deadline; hires M&K CPAs

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

Dismissed Saddler Gibb & Associates as auditor effective Feb 19, 2026; engagement lasted from Dec 23, 2025.
No audit reports issued by SaddlerGibb; discussions on valuation and materiality were inconclusive.
PreAxia missed a filing deadline and is in communication with SEC Office of Chief Accountant.
Engaged M&K CPAs on Feb 20, 2026 as new independent registered public accounting firm.
Prior auditors Fruci (resigned Dec 9, 2025) and GreenGrowth (resigned Oct 25, 2024) had no disagreements.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. engaged M&K CPAs (M&K) as its auditor.

Action: engagement
Auditor: M&K CPAs (M&K)

Exact text from the filing

On February 20, 2026, the Registrant engaged the firm of M&K CPAs (M&K") to serve as its independent registered public accounting firm to audit its consolidated financial statements as of May 31, 2026.

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. dismissed Saddler Gibb & Associates (SaddlerGibb) as its auditor.

Action: dismissal
Auditor: Saddler Gibb & Associates (SaddlerGibb)

Exact text from the filing

On February 19, 2026, PreAxia Health Care Payment Systems Inc. notified Saddler Gibb & Associates (SaddlerGibb) of its dismissal, effective as of the same day, as the Registrant's independent registered public accounting firm.

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Source: SEC EDGAR

accession 0001079973-26-000257

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