Magna Corp. Appoints New Auditor

TL;DR

Magna Corp. just switched auditors from Weinberg & Company to Armanino LLP, effective immediately.

AI Summary

Magna Corp. announced on June 27, 2024, a change in its certifying accountant. The company has dismissed its former independent registered public accounting firm, Weinberg & Company, P.A., and has appointed Armanino LLP as its new principal accountant. This change is effective immediately.

Why It Matters

A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.

Risk Assessment

Risk Level: medium — Changes in auditors can sometimes precede or coincide with other significant corporate events or financial scrutiny.

Key Players & Entities

• Magna Corp. (company) — Registrant
• Weinberg & Company, P.A. (company) — Former certifying accountant
• Armanino LLP (company) — New certifying accountant
• June 27, 2024 (date) — Effective date of change
• Oleg Bilinski (person) — Chief Executive Officer

FAQ

Filing Documents

• magna_8k.htm (8-K) — 29KB
• 0001949864-24-000007.txt ( ) — 192KB
• none-20240627.xsd (EX-101.SCH) — 3KB
• none-20240627_lab.xml (EX-101.LAB) — 33KB
• none-20240627_pre.xml (EX-101.PRE) — 22KB
• magna_8k_htm.xml (XML) — 3KB

From the Filing

UNITED SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) June 27, 2024 MAG MAGNA CORP. (Exact name of registrant as specified in its charter) Wyoming 333-268561 98-1626237 (State or other jurisdiction of incorporation or organization) (Commission File Number) (IRS Employer Identification No.) Oleg Bilinski Chief Executive Officer 325 W Washington St Ste 2877 San Diego , CA 92103 (Address of principal executive offices, zip code) + 1 620 - 4692043 (Registrant's telephone number, including area code) (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instructions A.2. below): Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered n/a n/a n/a Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). Emerging growth company [X] If an emerging company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accountant standards provided pursuant to Section 13(a) of the Exchange Act. [ ] Item 4.01 Changes in Registrant's Certifying Accountant. Newly Engaged Independent Registered Public Accounting Firm On June 27, 2024, Mag Magna Corp (the "Registrant") approved the appointment of Mac Accounting Group & CPAs, LLP as the Registrant's new independent registered public accounting firm, effective immediately, to audit the financial statements of Registrant, which comprise the balance sheet as of April 30, 2024 and 2023 and the related statements of operations, changes in stockholders' equity (deficit), and cash flows for the year then ended, and the related notes to the financial statements. During the Registrant's fiscal years ended April 30, 2024 and April 30, 2023 and the subsequent interim period through the date of this report, neither the Registrant, nor anyone on its behalf has consulted with Mac Accounting Group & CPAs, LLP regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed , or the type of audit opinion that might be rendered with respect to the consolidated financial LLP that was an important factor considered by the Registrant in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a "reportable event" (as that term is defined in Item 304(a)(1)(v) of Regulation S-K). SIGNATURE 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. Dated: June 27 , 2024 Mag Magna Corp By: /s/ Oleg Bilinski Name: Oleg Bilinski Title: Director, President, Chief Executive Officer, Treasurer, and Secretary

View Full Filing

View this 8-K filing on SEC EDGAR