secwatch.observer — SEC 8-K summary
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Issuer:     CYTTA CORP. (CYCA)
CIK:        0001383088
Form:       8-K
Filed at:   2025-06-13T23:59:59+00:00
Accession:  0001477932-25-004583
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01
LLM model:  deepseek-v4-flash:cloud@v2

Cytta dismisses auditor Prager Metis over disputed fraudulent sales orders; appoints Sadler Gibb
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1383088/000147793225004583/0001477932-25-004583-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1383088/000147793225004583/cyca_8k.htm
  HTML page:      https://secwatch.observer/filing/0001477932-25-004583

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