other_material
confidence high
sentiment negative
materiality 0.65
Arvana Inc. dismisses MGA as auditor, engages MAC; prior report included going concern
ARVANA INC
- Dismissed Michael Gillespie & Associates (MGA) on July 24, 2025; Board approved.
- Engaged MAC Accounting Group & CPAs on July 25, 2025, subject to acceptance procedures.
- MGA's FY 2024 audit report included a going concern explanatory paragraph; no other disagreements or reportable events.
- MGA has not yet provided the required letter to the SEC regarding the dismissal.
item 4.01item 9.01