---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-045462"
form_type: "8-K"
ticker: "NSTM"
cik: "0000912544"
company_name: "NovelStem International Corp."
filed_at: "2023-12-19T23:59:59+00:00"
generated_at: "2026-06-07T11:01:35.156070+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Independent auditor Cherry Bekaert resigns from Novelstem International; no disagreements cited

## Summary
- Cherry Bekaert LLP resigned as independent auditor effective December 15, 2023.
- No disagreements with CB on accounting principles or audit scope during past three fiscal years.
- Company is actively interviewing audit firms to replace CB.
- CB audited financial statements for FY2020-2022 without adverse opinions or disclaimers.

## SEC filing metadata
- accession: 0001493152-23-045462
- form_type: 8-K
- ticker: NSTM
- cik: 0000912544
- company_name: NovelStem International Corp.
- filed_at: 2023-12-19T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/912544/000149315223045462/0001493152-23-045462-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/912544/000149315223045462/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-045462
- JSON: https://secwatch.observer/filing/0001493152-23-045462.json
- Plain text: https://secwatch.observer/filing/0001493152-23-045462.txt

## Key facts
- Auditor Changes
  Cherry Bekaert LLP resigned as auditor of NovelStem International Corp..
  - Action: resignation
  - Auditor: Cherry Bekaert LLP
  source text: hat our independent auditors, Cherry Bekaert LLP (“CB”), had made the decision to resign as our independent accountants effective December 15, 2023. CB audited the financial statements of the Company for the years ended December 31, 2020, 2021 and 2022. The reports of CB on such financial statements dated August 1, 2022, October 11, 2022 and March 31, 2023 did not contain an adverse opinion or disclaimer of opinion and were not modified as to uncertainty, audit scope or accounting principles. For the past three fiscal years and subsequent interim periods through the date of resignation, there have been no disagreements with the former accountants on any matter of accounting principles or practices, financial statement disclosures or auditing scope or procedure,
  evidence_url: https://www.sec.gov/Archives/edgar/data/912544/000149315223045462/0001493152-23-045462-index.htm

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