AuditorJul 29, 2026, 11:36 AM
American Resources Changes Auditor; 2025 Financials Not Relied Upon
AI Summary
American Resources Corporation dismissed GreenGrowth CPA's as its independent auditor on June 30, 2026, and subsequently appointed UHY LLP on July 11, 2026. GreenGrowth's opinion on the company's December 31, 2025 financial statements was deemed unreliable as of July 13, 2026, leading to UHY being engaged to re-audit the 2025 Form 10-K and financial statements. The company reported no disagreements with GreenGrowth, apart from previously disclosed material weaknesses in internal control over financial reporting.
Key Highlights
- American Resources dismissed GreenGrowth CPA's as its auditor on June 30, 2026.
- UHY LLP was appointed as the new independent public accounting firm on July 11, 2026.
- GreenGrowth's opinion on the December 31, 2025 financial statements was deemed not to be relied upon as of July 13, 2026.
- UHY will re-audit the Company’s December 31, 2025 Form 10-K and Financial Statements.
- No disagreements with GreenGrowth were reported, except for previously disclosed material weaknesses in internal control.
Price Impact
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