5/5XCF Global Capital, Inc.: Auditor change

Market data

n/a: no ticker symbol on the filing.

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 2025-01-11 to 2025-05-11. 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

"In addition, on April 7, 2025, New Rise Renewables, LLC ("New Rise"), which had separately engaged Turner Stone prior to the completion of New Rise's acquisition by the Company, was notified by Turner Stone of its decision to resign as New Rise's independent registered accounting firm, effective as of such date."

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
Former auditor: Turner, Stone & Company, L.L.P.

Why this score: auditor resigned; also within 90 days: Late quarterly report (NT 10-Q)