other_material
confidence high
sentiment negative
materiality 0.40
Trans American Aquaculture dismisses auditor, engages new firm; prior audit had going concern paragraph
Trans American Aquaculture, Inc
- Dismissed Burton, McCumber & Longoria as auditor effective June 26, 2025; no disagreements reported.
- Engaged Boladale Lawal & Co. as new auditor for FY 2024, approved by board on same date.
- Former auditor's 2023 report included an explanatory paragraph on substantial doubt about going concern due to recurring losses.
- Company provided former auditor with dismissal statement; letter to SEC not yet received.
item 4.01