other material
confidence high
sentiment neutral
materiality 0.55
FDCTech replaces auditor Fortune CPA with Olayinka Oyebola & Co effective July 2, 2024
FDCTECH, INC.
- Terminated relationship with Fortune CPA Inc., which served less than a year; no reports were filed with the SEC.
- No disagreements on accounting principles or audit scope during Fortune's tenure.
- Engaged Olayinka Oyebola & Co as new independent registered public accounting firm, effective July 2, 2024.
- Olayinka is a PCAOB and CPAB member; no prior consultations occurred on accounting principles or audit opinions.
- Fortune provided a letter (Exhibit 16.1) agreeing with the company's disclosures.