---
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"
generated_at: "2026-06-02T03:22:33.243333+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Spectral Capital dismisses auditor BF Borgers after SEC bars it from practice; appoints Michael Gillespie & Associates

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-24-001084
- JSON: https://secwatch.observer/filing/0001096906-24-001084.json
- Plain text: https://secwatch.observer/filing/0001096906-24-001084.txt

## Key facts
- Auditor Changes
  SPECTRAL CAPITAL Corp engaged Michael Gillespie & Associates as its auditor.
  - Action: engagement
  - Auditor: Michael Gillespie & Associates
  source text: On May 9, 2024, the Company engaged Michael Gillespie & Associates as BF Borgers’ replacement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/0001096906-24-001084-index.htm
- Auditor Changes
  SPECTRAL CAPITAL Corp dismissed BF Borgers CPA PC as its auditor.
  - Action: dismissal
  - Auditor: BF Borgers CPA PC
  - Successor: Michael Gillespie & Associates
  source text: Effective May 4, 2024, Spectral Capital Corporation. (the “Company) dismissed BF Borgers CPA PC (“BF Borgers”) as its independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1131903/000109690624001084/0001096906-24-001084-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.