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Red Flags Detected

  • Auditor Change (new) — The company changed auditors from Assure CPA to Sadler Gibb due to Assure's acquisition, though the same engagement team continues.
NYSE: UAMY UNITED STATES ANTIMONY CORP 8-K

United States Antimony changes auditor to Sadler Gibb after Assure CPA acquisition

Filed June 8, 2026 · Period ending June 3, 2026 · ~1 min read

3 key changes 1 red flag 2 sections

Key Changes

  • medium

    Assure CPA was acquired by Sadler Gibb on June 3, 2026, automatically triggering an auditor change. The same audit team continues under the new firm, providing continuity.

  • low

    No accounting disagreements or reportable issues existed with Assure during 2024-2025 or through the change date. Prior audit opinions were clean and unqualified.

  • low

    The lead engagement partner and audit staff responsible for previous audits moved to Sadler Gibb and remain unchanged, maintaining audit relationship continuity.

Summary

United States Antimony's auditor, Assure CPA, was acquired by Sadler Gibb & Associates on June 3, 2026, resulting in an automatic auditor change. This was not a voluntary dismissal but rather a consequence of the auditing firm's business combination. The company's Audit Committee and Board approved engaging Sadler Gibb on June 5, 2026.

Importantly, the lead engagement partner and professional staff who conducted UAMY's previous audits have moved to Sadler Gibb and remain unchanged, providing continuity in the audit relationship. For retail investors, this is largely a procedural matter with minimal impact.

The company had a clean audit history with no disagreements or reportable issues during 2024-2025, and Assure issued unqualified opinions on recent financial statements. The continuity of the actual audit team reduces concerns about knowledge loss or disruption. Watch for Sadler Gibb's first audit opinion on UAMY's next annual report to confirm the smooth transition and continued clean audit status.

Section-by-Section Diff

Event · Item 4.01 — Changes in Registrant's Certifying Accountant

~700 words

Item 4.01 — Changes in Registrant's Certifying Accountant filed; see Key Changes for terms.

4 Added
Added Auditor change due to acquisition medium

Added in current filing · verify on EDGAR →

On June 3, 2026, Assure combined its practice with, and was acquired by, Sadler Gibb & Associates, LLC (“Sadler Gibb”) (the “Transaction”). As a result of the Transaction, effective June 3, 2026, Assure effectively resigned and ceased to serve as the Company’s independent registered public accounting firm, and the Company engaged Sadler Gibb as its independent registered public accounting firm.

The company's auditor Assure CPA was acquired by Sadler Gibb on June 3, 2026, resulting in an automatic auditor change. This was not a voluntary dismissal by the company but rather a consequence of the auditing firm's business combination. The Audit Committee and Board approved the engagement of Sadler Gibb on June 5, 2026.

Show 3 minor / wording changes
Added Continuity of audit team low

Added in current filing · verify on EDGAR →

In connection with the Transaction, the lead engagement partner and the professional staff principally responsible for the Company’s prior annual audits have continued with Sadler Gibb and remain unchanged.

Despite the formal auditor change, the actual individuals conducting the audit remain the same. The lead partner and staff who performed previous audits moved to Sadler Gibb as part of the acquisition, providing continuity in the audit relationship.

Added No audit issues or disagreements low

Added in current filing · verify on EDGAR →

During the fiscal years ended 2025 and 2024 and the subsequent interim period through June 3, 2026, there were (i) no disagreements (within the meaning of Item 304(a) (1) (iv) of Regulation S-K and the related instructions) between the Company and Assure on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to Assure’s satisfaction, would have caused Assure to make reference to the subject matter of the disagreement(s) in connection with its reports, and (ii) no “reportable events” within the meaning of Item 304(a) (1) (v) of Regulation S-K.

The company confirms there were no accounting disagreements or reportable events with the prior auditor during 2024, 2025, or the interim period through the change date. This disclosure is standard for auditor changes and indicates a clean audit history.

Added Clean audit opinions low

Added in current filing · verify on EDGAR →

The audit reports of Assure on the Company’s consolidated financial statements as of and for the fiscal years ended December 31, 2025 and December 31, 2024 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.

Assure issued unqualified (clean) audit opinions on the company's 2024 and 2025 financial statements with no modifications, adverse opinions, or disclaimers. This confirms the company's financial reporting was in good standing prior to the auditor change.

Event · Item 9.01 — Financial Statements and Exhibits

~100 words

UAMY filed a letter from former auditor Assure CPA, LLC dated June 5, 2026, signaling a potential auditor change or resignation.

1 Added
Added Auditor communication high

Added in current filing · verify on EDGAR →

Letter from Assure CPA, LLC dated June 5, 2026

The company disclosed a letter from Assure CPA, LLC dated June 5, 2026 as an exhibit. While the 8-K does not provide the letter's content, Item 9.01 filings that include auditor letters typically relate to auditor changes, resignations, or dismissals. Investors should review the attached exhibit to understand the nature of the auditor communication and any implications for financial reporting or internal controls.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 9, 2026 · How we verify