secwatch.observer — SEC 8-K summary
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Issuer:     FIRST CAPITAL INTERNATIONAL INC (—)
CIK:        0001072842
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001185185-24-000498
Event type: regulatory
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1072842/000118518524000498/0001185185-24-000498-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1072842/000118518524000498/firstcap20240514_8k.htm
  HTML page:      https://secwatch.observer/filing/0001185185-24-000498

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