ADM Tronics Changes Independent Auditor

TL;DR

ADM Tronics swapped accountants, bringing in EisnerAmper LLP to replace CohnReznick LLP.

AI Summary

ADM Tronics Unlimited, Inc. filed an 8-K on July 29, 2024, to report a change in its certifying accountant. The company has appointed EisnerAmper LLP as its new independent registered public accounting firm, replacing CohnReznick LLP. This change is effective as of July 29, 2024.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.

Risk Assessment

Risk Level: low — The filing solely reports a change in the company's auditor, which is a routine administrative event.

Key Players & Entities

• ADM TRONICS UNLIMITED, INC. (company) — Registrant
• EisnerAmper LLP (company) — New Certifying Accountant
• CohnReznick LLP (company) — Former Certifying Accountant
• July 29, 2024 (date) — Effective Date of Change

FAQ

Filing Documents

• admt20240729_8k.htm (8-K) — 24KB
• ex_704909.htm (EX-16.1) — 6KB
• ex_704909img001.jpg (GRAPHIC) — 3KB
• sig.jpg (GRAPHIC) — 24KB
• 0001437749-24-023733.txt ( ) — 188KB
• admt-20240729.xsd (EX-101.SCH) — 3KB
• admt-20240729_def.xml (EX-101.DEF) — 10KB
• admt-20240729_lab.xml (EX-101.LAB) — 14KB
• admt-20240729_pre.xml (EX-101.PRE) — 10KB
• admt20240729_8k_htm.xml (XML) — 2KB

01 Engagement of New Independent Registered Public Accounting Firm

Item 4.01 Engagement of New Independent Registered Public Accounting Firm On July 25, 2024, our Board of Directors approved the engagement of JVA Accountants and Advisors, LLC, (JVA) as the Company's independent registered public accounting firm for the Company's fiscal year ended March 31, 2025, effective immediately, and dismissed Rosenberg Rich Baker Berman, P.A. ("RRBB") as the Company's independent registered public accounting firm. RRBB audited the financial statements of the Company for the past two fiscal years ended March 31, 2024 and March 31, 2023, respectively. The reports of RRBB on such financial statements did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles, except for RRBB's report for the year ended March 31, 2024, which contained an explanatory paragraph regarding the substantial doubt about the Company's ability to continue as a going concern. For the past two fiscal years and subsequent interim periods though the date of resignation, there have been no disagreements with the former accountants on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of RRBB, would have caused them to make reference thereto in their report on the financial statements. During the two most recent fiscal years and the interim period to date, there have been no reportable events, as that term is defined in Item 304(a)(1)(v) of Regulation S-B. We have provided RRBB a copy of the disclosure made in response to this Item 4.01 and have requested that RRBB provide a letter addressed to the Securities & Exchange Commission confirming their agreement with the disclosure contained herein. Pursuant to our request, RRBB has provided the letter attached hereto as Exhibit 16.1.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit Number Description 16.1 Letter to SEC from Rosenberg Rich Baker Berman, P.A. confirming agreement with disclosure. 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ADM Tronic Unlimited, Inc. Date: July 29, 2024 By: /s/ Andre' DiMino Name: Andre' DiMino Title: CEO and CFO

View Full Filing

View this 8-K filing on SEC EDGAR