---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-25-008556"
form_type: "8-K"
ticker: "AREC"
cik: "0001590715"
company_name: "American Resources Corp"
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:37:31.168397+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# American Resources dismisses auditor GBQ, cites going concern and material weaknesses in prior reports

## Summary
- Dismissed GBQ Partners LLC as independent auditor on November 21, 2025; GBQ's reports for FY2023-2024 included a going concern explanatory paragraph.
- No disagreements with GBQ on accounting principles; material weaknesses in internal controls had been previously disclosed in the Company's Annual Report.
- Audit committee appointed GreenGrowth CPAs as new independent auditor, effective immediately upon dismissal.
- Neither the Company nor its behalf consulted GreenGrowth on accounting principles or audit opinions prior to engagement.

## SEC filing metadata
- accession: 0001477932-25-008556
- form_type: 8-K
- ticker: AREC
- cik: 0001590715
- company_name: American Resources Corp
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590715/000147793225008556/0001477932-25-008556-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590715/000147793225008556/arec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-25-008556
- JSON: https://secwatch.observer/filing/0001477932-25-008556.json
- Plain text: https://secwatch.observer/filing/0001477932-25-008556.txt

## Source-grounded claims
- claim_id: 1c6eabbf7f7014d0fcece991f7921310879f9166
  claim: American Resources Corp engaged GreenGrowth CPAs as its auditor.
  evidence_excerpt: (b) Newly Engaged Independent Registered Public Accounting Firm On November 21, 2025, the Audit Committee approved the appointment of GreenGrowth CPAs (“GreenGrowth”) as the Company’s new independent public accounting firm, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590715/000147793225008556/0001477932-25-008556-index.htm
- claim_id: 81a71eb2ad93c256ddc27557d617849e0e017413
  claim: American Resources Corp dismissed GBQ Partners LLC as its auditor.
  evidence_excerpt: t’s Certifying Accountant (a) Dismissal of Independent Registered Public Accounting Firm On November 21, 2025, the Audit Committee (the “Audit Committee”) of the Board of Directors of American Resources Corporation (or the “Company”) approved the dismissal of GBQ Partners LLC (“GBQ”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590715/000147793225008556/0001477932-25-008556-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.