other material
confidence high
sentiment neutral
materiality 0.40
Qrons Inc.: auditor change — Qrons Inc. replaces independent accountant Pinnacle with GreenGrowth CPAs after business sale
Qrons Inc.
- GreenGrowth CPAs engaged as new independent accountant on Nov 2, 2023, replacing Pinnacle due to sale of Pinnacle's public company business.
- Prior audit reports for FY 2021 and 2022 contained no adverse opinion except going-concern doubt.
- No disagreements with Pinnacle on accounting principles; material weaknesses in internal control over financial reporting remain.
- Former auditor Pinnacle provided letter concurring with the company's statements, filed as Exhibit 16.1.