secwatch.observer — SEC 8-K summary
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Issuer:     PANACEA LIFE SCIENCES HOLDINGS, INC. (PLSH)
CIK:        0001552189
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001493152-24-018058
Event type: regulatory
Sentiment:  negative
Materiality: 0.50
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1552189/000149315224018058/0001493152-24-018058-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1552189/000149315224018058/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-24-018058

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