Redox International Group, Corp.: auditor change — Redox International restates Aug & Nov 2024 results; 50.85M share issuance omitted

Redox International Group, Corp.

On May 30, 2026, management and board concluded prior unaudited financials for Q ending Aug 31, 2024 and Nov 30, 2024 should no longer be relied upon.
Error: failure to record issuance of 50,850,000 shares on June 5, 2024 to founders/advisors/consultants and related stock-based compensation (ASC 718).
Originally reported 3,235,000 shares outstanding and no stock-based payments; restatement will affect shares, compensation expense, net loss, EPS, equity.
Restatement is non-cash, does not affect cash or cash flows; amended 10-Q/A to be filed as soon as practicable.
Company has no separate audit committee; board discussed with independent auditor Michael Gillespie & Associates.

item 4.02

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

Redox International Group, Corp. reported that prior financial statements should not be relied upon.

Action: non reliance

Exact text from the filing

inancial results for the Affected Periods should likewise no longer be relied upon. The determination to restate the financial statements for the Affected Periods arose from the Company’s conclusion that those financial statements did not reflect the issuance of 50,850,000 shares of the Company’s common stock on June 5, 2024 to certain founders, advisors, and consultants under certain Founder Agreements and Advisory Agreements, or the related stock-based compensation required to be recognized under ASC 718, Compensation—Stock Compensation . As originally filed, the financial statements for each of the quarters ended August 31, 2024 and November 30, 2024 reported 3,235,000 shares of common stock issued and outstanding and stated that the Company had not issued any stock-based payments, neither of which reflected the June 5, 2024 issuances. The Company has determined that the compensation

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Source: SEC EDGAR

accession 0001683168-26-005012

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