5/5Arax Holdings Corp: Auditor change

Market data

n/a: no ticker symbol on the filing.

Verified excerpt

"(the "Company") dismissed Fruci & Associates II, PLLC ("Fruci") as the Company's independent registered public accounting firm, effective immediately."

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: yes

Why this score: disagreements reported; also within 90 days: Going-concern doubt