Home / Auditor changes / SPECTRAL CAPITAL Corp

4/5SPECTRAL CAPITAL Corp (FCCN): Auditor change

Filed 2025-05-07 路 Form 8-K 路 Accession 0001096906-25-000708 micro

Market data

Price before filing: $3.4 (2025-05-06 close, split/dividend-adjusted)
Market cap at flag: $212.6M (2025-05-07) 路 Latest: $211.7M (2026-10-16)

What happened next

WindowFCCNSPYvs SPY
30 days-32.4%+7.2%-39.6%2025-06-06
90 days-29.7%+12.7%-42.4%2025-08-05
180 days-36.5%+23.0%-59.5%2025-11-03

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.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-06 to 2025-06-06. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On April 30, 2025, Spectral Capital Corporation (the "Company") dismissed Michael Gillespie & Associates, PLLC ("MG&A") as the Company's independent registered public accounting firm."

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: dismissed
Disagreements reported: no
Former auditor: MICHAEL GILLESPIE & ASSOCIATES, PLLC · New auditor: RBSM LLP

Why this score: also within 90 days: Going-concern doubt, Non-reliance / restatement

Read the original filing on SEC.gov →

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

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