secwatch.observer — SEC 8-K summary
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Issuer:     Better For You Wellness, Inc. (—)
CIK:        0001852707
Form:       8-K
Filed at:   2023-03-03T23:59:59+00:00
Accession:  0001213900-23-017211
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1852707/000121390023017211/0001213900-23-017211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1852707/000121390023017211/ea174585-8k_betterforyou.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-017211

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