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Red Flags Detected

  • Going Concern (new) — Prior audit reports included going concern warnings about the Company's ability to continue operating.
  • Auditor Change (new) — The Company dismissed its auditor and appointed a new firm, which can signal underlying issues or disagreements.
NASDAQ: ALOY REALLOYS INC. 8-K

REalloys dismisses auditor after two years of going concern warnings, appoints Grassi & Co.

Filed April 20, 2026 · Period ending April 17, 2026 · ~1 min read

Key Changes

  • high

    Prior auditor flagged substantial doubt about REalloys' ability to continue operating in both 2024 and 2025 audit reports, indicating serious financial viability concerns.

  • medium

    Company dismissed Victor Mokuolo CPA and hired Grassi & Co. for 2026 audit; audit committee approved the change with no reported disagreements on accounting principles.

  • medium

    Former auditor submitted required letter to SEC confirming the dismissal and terms of separation.

    Exhibit 16.1 verify on EDGAR →

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Source-verified from EDGAR · Narrative written by AI · Jun 2, 2026 · How we verify