AuditorOct 22, 2026, 01:56 PM
American Fusion Corrects Auditor Resignation Details; Appoints New Firm
AI Summary
American Fusion, Inc. filed an 8-K to correct its previous press release concerning the resignation of its independent registered public accounting firm, JV CPA INC. The company clarified that JV CPA did not cite health reasons for its resignation, and the company attributes none. JV CPA's resignation is effective October 1, 2026, and applies to all future audit and review services. Notably, JV CPA's prior report included an explanatory paragraph regarding substantial doubt about the company's ability to continue as a going concern. The company has since engaged MBP Global LLP as its new independent registered public accounting firm.
Key Highlights
- American Fusion, Inc. corrects prior press release regarding JV CPA's resignation.
- JV CPA did not cite health reasons for resignation; Company attributes none.
- JV CPA's resignation applies to all further audit and review services.
- JV CPA's report on prior financial statements contained an explanatory paragraph regarding substantial doubt about the Company's ability to continue as a going concern.
- American Fusion, Inc. engaged MBP Global LLP as its new independent registered public accounting firm.
- MBP Global was not consulted on any accounting principles or potential audit opinions prior to engagement.
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