---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-017211"
form_type: "8-K"
ticker: null
cik: "0001852707"
company_name: "Better For You Wellness, Inc."
filed_at: "2023-03-03T23:59:59+00:00"
generated_at: "2026-06-18T13:35:29.333120+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Better For You Wellness restates Q1 and Q2 2022 financials; cites multiple errors and material weakness

## Summary
- Non-reliance on unaudited financials for three months ended May 31, 2022 and three/six months ended August 31, 2022.
- Errors include $577,473 impaired expenses from Mango Moi acquisition and $36,366 stock warrant misitemization.
- Material weakness in internal control over financial reporting identified; disclosure controls ineffective.
- Company will file amendments to Q1 and Q2 2022 10-Qs with restated financials.
- Management and audit committee discussed matters with independent auditor GBQ Partners LLC.

## SEC filing metadata
- accession: 0001213900-23-017211
- form_type: 8-K
- cik: 0001852707
- company_name: Better For You Wellness, Inc.
- filed_at: 2023-03-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1852707/000121390023017211/0001213900-23-017211-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1852707/000121390023017211/ea174585-8k_betterforyou.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-017211
- JSON: https://secwatch.observer/filing/0001213900-23-017211.json
- Plain text: https://secwatch.observer/filing/0001213900-23-017211.txt

## Key facts
- Auditor Changes
  Better For You Wellness, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On February 5, 2023, the management and the Audit Committee of the Board of Directors of Better For You Wellness, Inc. (the “Company”) concluded that the following financial statements should be restated and should no longer be relied upon
  evidence_url: https://www.sec.gov/Archives/edgar/data/1852707/000121390023017211/0001213900-23-017211-index.htm

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