Home / Auditor changes / PREAXIA HEALTH CARE PAYMENT SYSTEMS INC.

5/5PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. (PAXH): Auditor change

Filed 2026-02-26 路 Form 8-K 路 Accession 0001079973-26-000257 nano

Market data

Price before filing: $0.22 (2026-02-25 close, split/dividend-adjusted)
Market cap at flag: $9.7M (2026-02-26) 路 Latest: $10.4M (2026-10-12)

What happened next

WindowPAXHSPYvs SPY
30 days+0.0%-8.6%+8.6%2026-03-30
90 days+0.0%+8.6%-8.6%2026-05-27
180 days+0.0%+11.1%-11.1%2026-08-25

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Verified excerpt

"On February 20, 2026, the Registrant engaged the firm of M&K CPAs (M&K") to serve as its independent registered public accounting firm to audit its consolidated financial statements as of May 31, 2026."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no

Why this score: auditor resigned; also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q), Non-reliance / restatement

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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