---
schema_version: "secwatch.filing_event.v1"
accession: "0001214659-26-007617"
form_type: "8-K"
ticker: "CSDX"
cik: "0001106861"
company_name: "CS DIAGNOSTICS CORP."
filed_at: "2026-06-23T14:34:22+00:00"
generated_at: "2026-06-23T14:36:37.723656+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# CS Diagnostics Corp. restates financial statements for 2022-2025 after $499.4M intangible asset error

## Summary
- Board determined financial statements for FY 2022-2025 cannot be relied upon due to improper recognition of $499.4M intangible asset from Sept 4, 2023 transaction.
- Company engaged Shah Teelani & Associates as new auditor and KBF Advisory as technical accounting advisor to assist with restatement and re-audit.
- Prior audit reports issued by Olayinka Oyebola & Co. also deemed unreliable due to SEC restrictions on that firm.
- Restatement expected to materially reduce total assets and stockholders' equity and affect internal control conclusions.
- Company plans to convene annual shareholder meeting soon to update shareholders on restatement and remediation progress.

## SEC filing metadata
- accession: 0001214659-26-007617
- form_type: 8-K
- ticker: CSDX
- cik: 0001106861
- company_name: CS DIAGNOSTICS CORP.
- filed_at: 2026-06-23T14:34:22+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1106861/000121465926007617/0001214659-26-007617-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1106861/000121465926007617/w6232618k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001214659-26-007617
- JSON: https://secwatch.observer/filing/0001214659-26-007617.json
- Plain text: https://secwatch.observer/filing/0001214659-26-007617.txt

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