other material
confidence high
sentiment neutral
materiality 0.40
DLT Resolution Inc. replaces auditor SRCO with MERCURIUS & ASSOCIATES after fee/timing misalignment
DLT Resolution Inc.
- SRCO resigned as independent auditor on May 5, 2025; no disagreements or reportable events existed for FY2022 or FY2023 audits.
- Company engaged MERCURIUS & ASSOCIATES LLP as new auditor on May 9, 2025, with Audit Committee approval.
- Change driven by misalignment on fees and timing expectations for future engagements.
- SRCO's prior audit reports for FY2022 and FY2023 contained no adverse opinion or qualification.
- SRCO furnished a letter to the SEC dated May 8, 2025, agreeing with the company's 8-K disclosures.