secwatch.observer — SEC 8-K summary
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Issuer:     MBG Holdings, Inc. (—)
CIK:        0001488638
Form:       8-K/A
Filed at:   2023-04-11T23:59:59+00:00
Accession:  0001214659-23-005177
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MBG Holdings changes auditors; prior auditor resigns with going concern qualification
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- Maughan Sullivan resigned as auditor on March 23, 2023, effective immediately for FY2022 audit.
- New auditor M&K CPAS PLLC engaged April 10, 2023 for FY2022, approved by Board.
- Maughan's reports for FY2020-2021 included going concern paragraph due to losses and working capital deficit.
- No disagreements or reportable events between Company and Maughan; Maughan provided letter of agreement.
- Company had not consulted M&K on any accounting or audit matters prior to engagement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1488638/000121465923005177/0001214659-23-005177-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1488638/000121465923005177/g4102318ka1.htm
  HTML page:      https://secwatch.observer/filing/0001214659-23-005177

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