{"schema_version":"secwatch.filing_event.v1","accession":"0001393905-24-000397","form_type":"8-K","ticker":"GLEI","cik":"0001871890","company_name":"Galaxy Enterprises Inc. /WY/","filed_at":"2024-11-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:10.204064+00:00","generated_at":"2026-05-29T19:58:11.853400+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Galaxy Enterprises dismisses auditor OOC amid SEC fraud charges, engages LAO PS","bullets":["Board approved dismissal of OOC and engagement of LAO Professional Services effective Oct 28, 2024.","Reason: SEC charged OOC with allegedly aiding and abetting securities fraud, making continued retention intolerable.","OOC's FY July 2023 audit report contained a going-concern explanatory paragraph but no adverse opinion.","No disagreements on accounting principles or reportable events during OOC's engagement.","OOC provided a letter dated Nov 20, 2024, agreeing with disclosures, filed as Exhibit 16.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001393905-24-000397","json":"https://secwatch.observer/filing/0001393905-24-000397.json","markdown":"https://secwatch.observer/filing/0001393905-24-000397.md","text":"https://secwatch.observer/filing/0001393905-24-000397.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1871890/000139390524000397/0001393905-24-000397-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1871890/000139390524000397/glei-20241101.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-29T19:58:11.853400+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"7c9503cec99591c666be021a26d6f34f41fc54d6","claim":"Galaxy Enterprises Inc. /WY/ dismissed Olayinka Oyebola & Co (OOC) as its auditor.","evidence_excerpt":"On October 24, 2024, the Board of Directors and the audit committee of Galaxy Enterprises Inc (the “Company”) approved the engagement of LAO Professional Services as the Company’s independent registered public accounting firm for the fiscal year ended July 31, 2024, effective immediately, and dismissed Olayinka Oyebola & Co (OOC) as the Company’s independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871890/000139390524000397/0001393905-24-000397-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"Olayinka Oyebola & Co (OOC)"},{"label":"Successor","value":"LAO Professional Services"}],"fact_type":"auditor_change"},{"claim_id":"b8b378d7a3de17435ee466183af562e819d2efe6","claim":"Galaxy Enterprises Inc. /WY/ engaged LAO Professional Services as its auditor.","evidence_excerpt":"On October 24, 2024, the Board of Directors and the audit committee of Galaxy Enterprises Inc (the “Company”) approved the engagement of LAO Professional Services as the Company’s independent registered public accounting firm for the fiscal year ended July 31, 2024, effective immediately, and dismissed Olayinka Oyebola & Co (OOC) as the Company’s independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1871890/000139390524000397/0001393905-24-000397-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"LAO Professional Services"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}