AuditorAug 4, 2026, 05:04 PM
Eagle Nuclear Energy Changes Auditor; Board Member Departs
AI Summary
Eagle Nuclear Energy Corp. announced that Adeptus Partners, LLC resigned as its independent registered public accounting firm, effective July 29, 2026. Adeptus's prior audit report included a going concern explanatory paragraph, and the Company identified a material weakness in its internal control over financial reporting. The Company's audit committee approved the engagement of CBIZ CPAs P.C. as the new auditor. Additionally, board member Robert Kaplan notified the Board that he will not seek re-election.
Key Highlights
- Adeptus Partners, LLC resigned as Eagle Nuclear Energy's independent registered public accounting firm on July 29, 2026.
- Adeptus's audit report included an explanatory paragraph regarding substantial doubt about the Company's ability to continue as a going concern.
- A material weakness was identified in internal control over financial reporting: failure to design or maintain an effective control environment.
- CBIZ CPAs P.C. was approved as the new independent registered public accounting firm on August 4, 2026.
- Robert Kaplan, a board member, will not stand for re-election at the upcoming Annual Meeting of Shareholders.
- Mr. Kaplan's decision was not due to any disagreement with the Company or the Board.
Price Impact
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