regulatory
confidence high
sentiment negative
materiality 0.85
Pineapple files Form 15 to cease SEC reporting after auditor BF Borgers reprimand
PINEAPPLE, INC.
- Filed Form 15 on May 7, 2024 to voluntarily terminate SEC reporting obligations.
- Triggered by SEC's May 3, 2024 order permanently barring BF Borgers, the company's 2022 audit firm.
- Will instead report quarterly and annually via OTC Markets Alternative Reporting standard.
- Intends to resume SEC reporting next year after completing audits with a new PCAOB-registered firm.
- Common stock (OTC: PNPL) will continue trading under alternative reporting.