other material
confidence high
sentiment neutral
materiality 0.50
Xeriant's auditor Accell resigns; appoints Astra Audit as new independent auditor
XERIANT, INC.
- Accell Audit and Compliance resigned as Xeriant's auditor effective July 8, 2024, due to ceasing PCAOB audit services.
- Astra Audit and Advisory was appointed as new independent auditor effective July 17, 2024.
- No disagreements or reportable events occurred with Accell during fiscal 2022-2023 or interim period through July 8, 2024.
- Accell's audit reports for fiscal years ended June 30, 2023 and 2022 included an explanatory paragraph about going concern uncertainty.
- Accell provided a letter agreeing with Xeriant's disclosures, attached as Exhibit 16.1.