{"schema_version":"secwatch.filing_event.v1","accession":"0001096906-24-001084","form_type":"8-K","ticker":"FCCN","cik":"0001131903","company_name":"SPECTRAL CAPITAL Corp","filed_at":"2024-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.399595+00:00","generated_at":"2026-06-02T03:22:33.243333+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Spectral Capital dismisses auditor BF Borgers after SEC bars it from practice; appoints Michael Gillespie & Associates","bullets":["Dismissed BF Borgers CPA PC as auditor effective May 4, 2024; engaged Michael Gillespie & Associates on May 9, 2024.","Change follows SEC order dated May 3, 2024, barring BF Borgers from appearing or practicing before the SEC.","BF Borgers' audit reports for FY2022 and FY2023 were unqualified with no adverse opinions or disagreements.","No reportable events or disagreements occurred during fiscal years 2022 and 2023 through the interim period.","Board of Directors recommended and approved the auditor change."],"urls":{"canonical":"https://secwatch.observer/filing/0001096906-24-001084","json":"https://secwatch.observer/filing/0001096906-24-001084.json","markdown":"https://secwatch.observer/filing/0001096906-24-001084.md","text":"https://secwatch.observer/filing/0001096906-24-001084.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/0001096906-24-001084-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/fccn-20240503.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T03:22:33.243333+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"46e71868d00d2a3facbe525d225128e6043bdc0c","claim":"SPECTRAL CAPITAL Corp engaged Michael Gillespie & Associates as its auditor.","evidence_excerpt":"On May 9, 2024, the Company engaged Michael Gillespie & Associates as BF Borgers’ replacement.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/0001096906-24-001084-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Michael Gillespie & Associates"}]},{"claim_id":"ff075ca9d26848fab947e402edb9fa54ea9c4c67","claim":"SPECTRAL CAPITAL Corp dismissed BF Borgers CPA PC as its auditor.","evidence_excerpt":"Effective May 4, 2024, Spectral Capital Corporation. (the “Company) dismissed BF Borgers CPA PC (“BF Borgers”) as its independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/0001096906-24-001084-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BF Borgers CPA PC"},{"label":"Successor","value":"Michael Gillespie & Associates"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}