AuditorJun 9, 2026, 06:07 AM
Blue Biofuels Changes Auditor to Sadler Gibb After Assure CPA Merger
AI Summary
Blue Biofuels, Inc. announced a change in its independent registered public accounting firm. Assure CPA, LLC resigned on June 3, 2026, following its merger into Sadler, Gibb & Associates, LLC, which led to Assure CPA ceasing operations. The Company's Audit Committee approved the engagement of Sadler, Gibb & Associates, LLC as the new auditor on June 8, 2026. While there were no disagreements on accounting matters, Assure CPA's prior audit reports for 2024 and 2025 contained an explanatory paragraph expressing substantial doubt about the Company's ability to continue as a going concern.
Key Highlights
- Assure CPA, LLC resigned as Blue Biofuels' independent auditor on June 3, 2026.
- The resignation resulted from Assure CPA's merger into Sadler, Gibb & Associates, LLC.
- Sadler, Gibb & Associates, LLC was engaged as the new independent registered public accounting firm for fiscal year 2026.
- The Audit Committee approved the change in auditors on June 8, 2026.
- Assure CPA's audit reports for 2024 and 2025 included an explanatory paragraph about substantial doubt regarding the Company's ability to continue as a going concern.
- There were no disagreements on accounting principles or practices with Assure CPA or Sadler Gibb.
Price Impact
More from BIOF