other material
confidence high
sentiment negative
materiality 0.65
Welsis Corp. dismisses SEC-suspended auditor BF Borgers, hires Mercurius & Associates
Welsis Corp.
- BF Borgers permanently suspended by SEC on May 3, 2024; dismissed as auditor June 4, 2024.
- New independent auditor Mercurius & Associates LLP engaged effective June 4, 2024.
- No disagreements or reportable events (except going-concern note in FY2023 audit).
- BF Borgers cannot provide response letter due to SEC bar from practicing before SEC.