other material
confidence high
sentiment neutral
materiality 0.60
Earth Science Tech, Inc. (ETST): auditor change — Earth Science Tech acquires two healthcare entities for $440.5K; appoints new auditor
Earth Science Tech, Inc.
- Acquired Las Villas Health Care and Doconsultations.com for $200K cash, including a Coral Gables wellness clinic and telemedicine platform.
- Acquired 80% of Magnefuse and Alicat for $240.5K cash; option to buy remaining 20% within 2 years at 2x revenue.
- Auditor Assurance Dimensions resigned April 1, 2025; no disagreements or reportable events in prior periods.
- Engaged Stephano Slack LLC as new independent auditor for fiscal year ending March 31, 2025.