secwatch.observer — SEC 8-K summary
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Issuer:     Royalty Management Holding Corp (RMCO)
CIK:        0001843656
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001654954-24-005582
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Royalty Management dismisses BF Borgers as auditor after SEC bars the firm
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- Audit committee dismissed BF Borgers CPA PC effective May 3, 2024, due to SEC order barring the firm from appearing or practicing before the SEC.
- Prior audit reports for FY 2022 and 2023 included a going-concern explanatory paragraph; no disagreements or reportable events besides material weaknesses in internal controls.
- BF Borgers is not permitted to practice before the SEC, per SEC Staff Statement on Rule 102(e) order issued May 3, 2024.
- Company disclosed material weaknesses in internal control over financial reporting in its annual report.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1843656/000165495424005582/0001654954-24-005582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1843656/000165495424005582/amao_8k.htm
  HTML page:      https://secwatch.observer/filing/0001654954-24-005582

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