Metro One dismisses auditor BF Borgers after SEC permanent ban; seeking new auditor

METRO ONE TELECOMMUNICATIONS INC

Board dismissed BF Borgers as independent auditor on May 3, 2024, following SEC settlement and permanent ban on BF Borgers from SEC practice.
BF Borgers' reports for FY 2022 and 2021 contained going-concern explanatory paragraph but were otherwise unqualified.
Company had not yet received FY 2023 audit report from BF Borgers as of termination date.
No disagreements with BF Borgers on accounting principles or reportable events (except previously disclosed material weaknesses).
Board is in process of engaging a new public accounting firm; further disclosure to follow.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

METRO ONE TELECOMMUNICATIONS INC dismissed BF Borgers CPA PC as its auditor.

Action: dismissal
Auditor: BF Borgers CPA PC

Exact text from the filing

On May 3, 2024, the Board of Directors of Metro One Telecommunications Inc. (the “Company”), acting in its dual capacity of Audit Committee, approved the dismissal of BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm.

View on SEC.gov

47 auditor changes filed in the last 30 days. Browse all auditor changes →

Source: SEC EDGAR

accession 0001477932-24-002597

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.