other_material
confidence high
sentiment neutral
materiality 0.55
Independence Power dismisses JP Centurion as auditor, engages Whitley Penn; forward stock split approved by FINRA
Independence Power Holdings, Inc.
- Board dismissed JP Centurion & Partners PLT as independent auditor on January 21, 2026, and engaged Whitley Penn LLP the same day.
- JP Centurion's audit report for FY ended July 31, 2025 contained a going-concern explanatory paragraph but no adverse opinion or disagreements.
- No reportable events or disagreements occurred during FY 2025, 2024, or through the engagement date.
- Forward stock split (7:1) approved by FINRA on January 30, 2026; payment date February 4, 2026 for shareholders of record as of January 26, 2026.
- Company previously authorized the split in December 2025; it becomes effective upon FINRA approval.