8-K filed February 26, 2026, 6:59 PM ET CIK 0001350156

other material confidence high sentiment negative materiality 0.75

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

Machine-readable event card

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company_name: PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.
filed_at: 2026-02-26T23:59:59+00:00
discovered_at: 2026-05-14T18:02:34.902109+00:00
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Source-grounded claims

113a373c1fbebb95d3e654fbe24a12d252b8cee0

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

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.

SEC 8-K Item 4.01/4.02 confidence 0.9 SEC evidence

25a013f59cf798494c6a418d7470e28b9cdd9254

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

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.

SEC 8-K Item 4.01/4.02 confidence 0.9 SEC evidence

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