other material
confidence high
sentiment neutral
materiality 0.40
BANGFU TECHNOLOGY GROUP CO., LTD.: auditor change — Bangfu Technology dismisses auditor Pinnacle, engages GreenGrowth
BANGFU TECHNOLOGY GROUP CO., LTD.
- On November 10, 2023, Board dismissed Pinnacle (Heaton & Company) as auditor, effective immediately.
- Same day, Board approved engagement of GreenGrowth CPAs as new independent registered public accounting firm.
- Auditor change followed sale of a portion of Pinnacle's public company accounting practice to GreenGrowth.
- Pinnacle's reports for fiscal years ended June 30, 2022 and 2023 contained a going-concern explanatory paragraph due to recurring losses.
- No disagreements or reportable events occurred between Company and Pinnacle during the relevant periods.