---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-24-001326"
form_type: "8-K"
ticker: null
cik: "0001683252"
company_name: "TOKEN COMMUNITIES LTD."
filed_at: "2024-03-19T23:59:59+00:00"
generated_at: "2026-06-04T13:29:02.656823+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Token Communities dismisses auditor, engages Beckles; prior financials to be restated

## Summary
- On March 18, 2024, dismissed GreenGrowth CPAs and engaged Beckles and Co as new independent auditor.
- Prior financial statements for FY ended June 30, 2023 and Q ended Sept 30, 2023 will be restated; should not be relied upon.
- No disagreements with GreenGrowth, but reportable event identified; estimated error impact may change materially.
- GreenGrowth had not rendered audit reports for the two most recent fiscal years.
- New auditor Beckles had no prior consultations with the Company on accounting matters.

## SEC filing metadata
- accession: 0001477932-24-001326
- form_type: 8-K
- cik: 0001683252
- company_name: TOKEN COMMUNITIES LTD.
- filed_at: 2024-03-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1683252/000147793224001326/0001477932-24-001326-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1683252/000147793224001326/token_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-24-001326
- JSON: https://secwatch.observer/filing/0001477932-24-001326.json
- Plain text: https://secwatch.observer/filing/0001477932-24-001326.txt

## Key facts
- Auditor Changes
  TOKEN COMMUNITIES LTD. engaged Beckles and Co as its auditor.
  - Action: engagement
  - Auditor: Beckles and Co
  source text: On March 18, 2024, the Company engaged and executed an agreement with Beckles and Co, (“ Beckles ”), as the Company’s new independent accountant to replace GreenGrowth.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1683252/000147793224001326/0001477932-24-001326-index.htm
- Auditor Changes
  TOKEN COMMUNITIES LTD. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: GreenGrowth CPAs
  source text: management of the Company discussed with GreenGrowth that the Company’s previously issued financial statements for the year ended June 30, 2023 and the quarter ended September 30, 2023 (the “ Relevant Periods “) should be restated and should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1683252/000147793224001326/0001477932-24-001326-index.htm
- Auditor Changes
  TOKEN COMMUNITIES LTD. dismissed GreenGrowth CPAs as its auditor.
  - Action: dismissal
  - Auditor: GreenGrowth CPAs
  - Successor: Beckles and Co
  source text: On March 18, 2024, Token Communities Ltd (the “ Company ”) dismissed its independent accountants GreenGrowth CPAs (“ GreenGrowth ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1683252/000147793224001326/0001477932-24-001326-index.htm

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