Startech Labs Appoints New Auditor

TL;DR

Startech Labs swapped auditors, bringing in BDO USA, LLP.

AI Summary

Startech Labs, Inc. has appointed a new independent registered public accounting firm, BDO USA, LLP, effective May 28, 2024. This change follows the resignation of their previous auditor, Citrin Cooperman & Company, LLP. The company's board of directors ratified this decision.

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 — This filing reports a routine change in the company's auditor, which is a common occurrence and does not inherently indicate financial distress.

Key Players & Entities

• Startech Labs, Inc. (company) — Registrant
• BDO USA, LLP (company) — New independent registered public accounting firm
• Citrin Cooperman & Company, LLP (company) — Former independent registered public accounting firm
• May 28, 2024 (date) — Effective date of auditor change

FAQ

Filing Documents

• laab_8k.htm (8-K) — 24KB
• 0001640334-24-000885.txt ( ) — 132KB
• laab-20240528.xsd (EX-101.SCH) — 6KB
• laab-20240528_lab.xml (EX-101.LAB) — 12KB
• laab-20240528_cal.xml (EX-101.CAL) — 1KB
• laab-20240528_pre.xml (EX-101.PRE) — 8KB
• laab-20240528_def.xml (EX-101.DEF) — 2KB
• laab_8k_htm.xml (XML) — 3KB

01 Change in Registrant's Certifying Accountant

Item 4.01 Change in Registrant's Certifying Accountant. On May 28, 2024, the Audit Committee (the "Audit Committee") of the Board of Directors of the Company approved the dismissal of BF Borgers CPA PC ("BF Borgers") as the Company's independent registered public accounting firm. On May 30, 2024, the Company engaged Boladale Lawal & Co. as BF Borgers' replacement. The decision to change independent registered public accounting firms was made with the recommendation and approval of the Audit Committee of the Company. The reports of BF Borgers on the Company's consolidated financial statements for the fiscal years ended May 31, 2023, and May 31, 2022, did not contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles other than an explanatory paragraph relating to the Company's ability to continue as a going concern. During the fiscal years ended May 31, 2023 and 2022, and the subsequent interim period through the date of this report, there were no "disagreements" with BF Borgers on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements if not resolved to the satisfaction of BF Borgers would have caused BF Borgers to make reference thereto in its reports on the consolidated financial statement for such years. During the fiscal years ended May 31, 2023 and 2022, and the subsequent interim period through the date of this report, there were no "reportable events" (as defined in Item 304(a)(1)(iv) and Item 304(a)(1)(v) of Registration S-K). The U.S. Securities and Exchange Commission (the "SEC") has advised that, in lieu of obtaining a letter from BF Borgers stating whether or not it agrees with the statements herein, the Company may indicate that BF Borgers is not currently permitted to appear or practice before the SEC for reasons described in the SEC's Order Instituting Public Administrative and Cease-

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. /s/ Mark Kevin So Mark Kevin So Date: May 30, 2024 3

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View this 8-K filing on SEC EDGAR