{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-24-000945","form_type":"8-K","ticker":null,"cik":"0001566243","company_name":"Arax Holdings Corp","filed_at":"2024-05-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.996370+00:00","generated_at":"2026-06-02T05:53:29.965867+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Arax Holdings dismisses BF Borgers as auditor after SEC action; appoints Fruci & Associates","bullets":["Dismissed BF Borgers CPA PC after SEC instituted cease-and-desist proceedings against the auditor and Benjamin F. Borgers.","No disagreements or reportable events with BF Borgers during fiscal years 2023 and 2022.","Appointed Fruci & Associates II, PLLC as new independent auditor for FY ending Oct 31, 2024, effective May 9, 2024.","No prior consultations with Fruci on accounting or auditing matters."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-24-000945","json":"https://secwatch.observer/filing/0001753926-24-000945.json","markdown":"https://secwatch.observer/filing/0001753926-24-000945.md","text":"https://secwatch.observer/filing/0001753926-24-000945.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1566243/000175392624000945/0001753926-24-000945-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1566243/000175392624000945/g084232_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T05:53:29.965867+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"37ce96560736b83da80931ce988ce76f36a2ff31","claim":"Arax Holdings Corp dismissed BF Borgers CPA PC as its auditor.","evidence_excerpt":"In Registrant’s Certifying Accountant (a) Dismissal of Independent Registered Public Accounting Firm. On May 03, 2022, the Securities and Exchange Commission (“Commission”) deemed it appropriate that public administrative and cease-and-desist proceedings be, and thereby, instituted against BF Borgers CPA PC (“BF Borgers”) and Benjamin F. Borgers, CPA (“Borgers”) (collectively “Respondents”) pursuant to Section 8A of the Securities Act of 1933 (“Securities","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1566243/000175392624000945/0001753926-24-000945-index.htm","confidence":0.95,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BF Borgers CPA PC"}]},{"claim_id":"56a4c7167a40a07be86616cd37c4532322548e5a","claim":"Arax Holdings Corp engaged Fruci & Associates II, PLLC as its auditor.","evidence_excerpt":"On May 09, 2024, the Board approved the appointment of Fruci & Associates II, PLLC (“Fruci”) as the Company’s new independent registered public accounting firm for the fiscal year ending October 31, 2024, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1566243/000175392624000945/0001753926-24-000945-index.htm","confidence":0.95,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Fruci & Associates II, PLLC"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}