AuditorJul 27, 2026, 02:36 PM
PetVivo Changes Auditors; Prior Auditor Raised Going Concern Doubt
AI Summary
PetVivo Holdings, Inc. announced that Stephano Slack LLC resigned as its independent registered public accounting firm, effective July 2, 2026. Stephano Slack's report for the fiscal year ended March 31, 2026, included an explanatory paragraph expressing substantial doubt about the company's ability to continue as a going concern. Subsequently, PetVivo engaged GuzmanGray, A Professional Accountancy Corporation, as its new independent auditor, effective July 23, 2026, for the fiscal year ending March 31, 2027.
Key Highlights
- Stephano Slack LLC resigned as PetVivo's independent registered public accounting firm, effective July 2, 2026.
- Stephano Slack's reports for fiscal years ended March 31, 2026, and March 31, 2025, did not contain adverse opinions.
- No disagreements on accounting principles or practices occurred between PetVivo and Stephano Slack.
- Stephano Slack's report for FY2026 included an explanatory paragraph regarding substantial doubt about PetVivo's going concern ability.
- PetVivo engaged GuzmanGray, A Professional Accountancy Corporation, as its new independent auditor effective July 23, 2026.
- GuzmanGray will serve as auditor for the fiscal year ending March 31, 2027, and interim review periods.
Price Impact
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