---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005580"
form_type: "8-K"
ticker: "AREC"
cik: "0001590715"
company_name: "American Resources Corp"
filed_at: "2024-05-06T23:59:59+00:00"
generated_at: "2026-06-02T22:05:01.981429+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# American Resources dismisses auditor BF Borgers after SEC bans firm from practice

## Summary
- Dismissed BF Borgers as independent auditor on May 3, 2024; BF Borgers is currently banned from SEC practice under Rule 102(e).
- Audit reports for FY2022 and FY2023 contained going-concern explanatory paragraphs but no adverse opinions or qualifications.
- No disagreements with BF Borgers on accounting principles or reportable events beyond previously disclosed material weaknesses.
- No replacement auditor has been appointed as of the filing date.

## SEC filing metadata
- accession: 0001654954-24-005580
- form_type: 8-K
- ticker: AREC
- cik: 0001590715
- company_name: American Resources Corp
- filed_at: 2024-05-06T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1590715/000165495424005580/0001654954-24-005580-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1590715/000165495424005580/arec_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005580
- JSON: https://secwatch.observer/filing/0001654954-24-005580.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005580.txt

## Key facts
- Auditor Changes
  American Resources Corp dismissed BF Borgers CPA PC as its auditor.
  - Action: dismissal
  - Auditor: BF Borgers CPA PC
  source text: On May 3, 2024, the Audit Committee (the “Audit Committee”) of the Board of Directors of American Resources Corporation (or the “Company”) approved the dismissal of BF Borgers CPA PC (“BF Borgers”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1590715/000165495424005580/0001654954-24-005580-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.