---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-005770"
form_type: "8-K"
ticker: "CPWR"
cik: "0000827099"
company_name: "Ocean Thermal Energy Corp"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T14:50:25.246484+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Ocean Thermal Energy dismisses BF Borgers as auditor; going concern noted

## Summary
- Board approved dismissal of BF Borgers CPA PC as independent auditor on May 7, 2024.
- BF Borgers' reports for FY 2022 and 2023 included a going concern explanatory paragraph.
- No disagreements on accounting principles or reportable events beyond previously disclosed material weaknesses.
- No new auditor has been appointed; letter from BF Borgers agreeing with disclosures filed as Exhibit 16.01.

## SEC filing metadata
- accession: 0001654954-24-005770
- form_type: 8-K
- ticker: CPWR
- cik: 0000827099
- company_name: Ocean Thermal Energy Corp
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/827099/000165495424005770/0001654954-24-005770-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/827099/000165495424005770/cpwr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-005770
- JSON: https://secwatch.observer/filing/0001654954-24-005770.json
- Plain text: https://secwatch.observer/filing/0001654954-24-005770.txt

## Key facts
- Auditor Changes
  Ocean Thermal Energy Corp dismissed BF Borgers CPA PC as its auditor.
  - Action: dismissal
  - Auditor: BF Borgers CPA PC
  source text: 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/827099/000165495424005770/0001654954-24-005770-index.htm

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