---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-24-000498"
form_type: "8-K"
ticker: null
cik: "0001072842"
company_name: "FIRST CAPITAL INTERNATIONAL INC"
filed_at: "2024-05-14T23:59:59+00:00"
generated_at: "2026-06-02T00:13:40.390161+00:00"
event_type: "regulatory"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# SEC bars auditor BF Borgers; First Capital dismisses them, expects 10-Q delay

## Summary
- On May 6, 2024, First Capital dismissed BF Borgers CPA PC as its auditor after SEC permanently barred Borgers and its audit partner from practicing before the Commission.
- Prior audit reports for 2022 and 2023 included a going concern qualification but no adverse opinion or disagreements.
- Company expects to be unable to timely file its March 31, 2024 Form 10-Q due to lack of a PCAOB-qualified auditor.
- First Capital is in discussions with several accounting firms to engage a new independent auditor.

## SEC filing metadata
- accession: 0001185185-24-000498
- form_type: 8-K
- cik: 0001072842
- company_name: FIRST CAPITAL INTERNATIONAL INC
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: regulatory
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1072842/000118518524000498/0001185185-24-000498-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1072842/000118518524000498/firstcap20240514_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-24-000498
- JSON: https://secwatch.observer/filing/0001185185-24-000498.json
- Plain text: https://secwatch.observer/filing/0001185185-24-000498.txt

## Key facts
- Auditor Changes
  FIRST CAPITAL INTERNATIONAL INC dismissed BF Borgers CPA PC as its auditor.
  - Action: dismissal
  - Auditor: BF Borgers CPA PC
  source text: On May 6, 2024, First Capital International, Inc. (“First Capital,” “we” or “our”) dismissed BF Borgers CPA PC (“Borgers”) as our independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1072842/000118518524000498/0001185185-24-000498-index.htm

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