other material
confidence high
sentiment negative
materiality 0.70
Groove Botanicals dismisses auditor BF Borgers after SEC permanent ban
GROOVE BOTANICALS INC.
- Board approved dismissal on May 8, 2024; SEC banned BF Borgers on May 3, 2024.
- BF Borgers' reports for FY 2023 and 2022 were unqualified except for going concern paragraph.
- No disagreements or reportable events occurred except for previously disclosed material weaknesses.
- Company is seeking a new independent registered public accounting firm.