Panacea Life Sciences dismisses BF Borgers as auditor after SEC ban; no replacement

PANACEA LIFE SCIENCES HOLDINGS, INC.

Dismissed BF Borgers CPA PC as independent auditor effective May 6, 2024, following SEC order barring BF Borgers from public practice.
No disagreements on accounting principles or reportable events other than previously disclosed material weaknesses in internal controls.
Audit reports for FY2022 and FY2023 were unqualified except for a going-concern explanatory paragraph.
Company has not yet engaged a new independent auditor but expects to do so quickly; change approved by Board.

item 4.01 item 9.01

Key facts

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

PANACEA LIFE SCIENCES HOLDINGS, INC. dismissed BF Borgers CPA PC as its auditor.

Action: dismissal
Auditor: BF Borgers CPA PC

Exact text from the filing

On May 6, 2024, Panacea Life Sciences Holdings, Inc. (the “Company”) dismissed BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm.

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PANACEA LIFE SCIENCES HOLDINGS, INC. filing history →

Source: SEC EDGAR

accession 0001493152-24-018058

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