Medinotec Inc. (MDNC): auditor change — Medinotec replaces auditor with BDO; reports material weaknesses in internal controls

Medinotec Inc.

Dismissed Mercurius & Associates and engaged BDO South Africa as new independent auditor on June 20, 2023.
Former auditor's report contained explanatory paragraph for restatement of 2022 financial statements.
Reportable events: material weaknesses in internal controls, including lack of documentation, no segregation of duties, and no written code of ethics.
Board appointed Audit Committee on May 5, 2023: Gregory Vizirgianakis, Stavros Vizirgianakis, and Joseph Dwyer (financial expert, independent).
Material weaknesses not yet remediated as of filing date; Audit Committee charter adopted.

item 4.01 item 8.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Medinotec Inc. engaged BDO South Africa Inc. as its auditor.

Action: engagement
Auditor: BDO South Africa Inc.

Exact text from the filing

On June 20, 2023, we dismissed Mercurius & Associates LLP (formerly known as AJSH & Co LLP) the “Former Accountant”) as our independent registered public accounting firm and, on June 20, 2023, we engaged BDO South Africa Inc. (the “New Accountant”) as our independent registered public accounting firm.

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Medinotec Inc. dismissed Mercurius & Associates LLP (formerly known as AJSH & Co LLP) as its auditor.

Action: dismissal
Auditor: Mercurius & Associates LLP (formerly known as AJSH & Co LLP)
Successor: BDO South Africa Inc.

Exact text from the filing

On June 20, 2023, we dismissed Mercurius & Associates LLP (formerly known as AJSH & Co LLP) the “Former Accountant”) as our independent registered public accounting firm and, on June 20, 2023, we engaged BDO South Africa Inc. (the “New Accountant”) as our independent registered public accounting firm.

View on SEC.gov

Browse all auditor changes →

Medinotec Inc. filing history →

Source: SEC EDGAR

accession 0001663577-23-000310

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.