CYTTA CORP. (CYCA): auditor change — Cytta dismisses auditor Prager Metis over disputed fraudulent sales orders; appoints Sadler Gibb

CYTTA CORP.

Board dismissed Prager Metis CPAs on May 19, 2025 after it required an independent forensic review of third-party consultant sales orders recorded in Dec 31, 2024 quarterly.
Company-commissioned review found those sales orders were fraudulent/negligent and needed reversal; board chose not to incur additional forensic cost.
New auditor Sadler, Gibb & Associates appointed June 9, 2025 for FY Sep 30, 2025 audit and Mar 31, 2025 interim period.
Prager Metis reports for FY2024 and 2023 contained substantial doubt about going concern; no other disagreements except previously reported material weakness.

item 4.01

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

CYTTA CORP. dismissed Prager Metis CPAs, LLC as its auditor.

Action: dismissal
Auditor: Prager Metis CPAs, LLC

Exact text from the filing

On May 19th, 2025, Cytta Corp. (“Cytta”) Cytta dismissed our Auditor Prager Metis CPAs, LLC (“PM”) which was currently serving as Cytta’s independent registered public accounting firm. This occurred following a determination by PM that they could not continue as our Auditors unless an independent forensic accounting firm was retained to examine the fraudulent and/or negligent Sales Orders provided to the Company by an independent third-party consultant and recorded in the December 31, 2024, Quarterly Statements.

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

CYTTA CORP. engaged Sadler, Gibb & Associates, LLC as its auditor.

Action: engagement
Auditor: Sadler, Gibb & Associates, LLC

Exact text from the filing

(b) Appointment of a New Independent Registered Public Accounting Firm On June 9th, 2025, the Board of Directors of Cytta approved the appointment of Sadler, Gibb & Associates, LLC (“SG”) as Cytta’s new independent registered public accounting firm, and executed the engagement agreement(s), for the audit of Cytta’s financial statements for the year ended September 30, 2025, and related interim periods beginning with the March 31, 2025, Quarterly Report.

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Source: SEC EDGAR

accession 0001477932-25-004583

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