other material
confidence high
sentiment negative
materiality 0.80
BioRestorative dismisses CBIZ, hires Bush CPA; audit committee probe ongoing
BioRestorative Therapies, Inc.
- Dismissed CBIZ as auditor effective Aug 28, 2026; board approved Aug 26, audit committee ratified Sep 1.
- CBIZ flagged possible reportable event under Item 304(a)(1)(v)(C) tied to suspended ExoCR/BioX product lines.
- CBIZ's FY2025 report included going-concern doubt; no disagreements on accounting principles.
- Engaged Bush & Associates CPA to audit FY2024-2026; no prior consultations with Bush.
- Audit committee hired independent investigator Aug 14; no material findings yet, investigation ongoing.