Paysign Changes Independent Auditor
Ticker: PAYS · Form: 8-K · Filed: Jun 6, 2025 · CIK: 1496443
| Field | Detail |
|---|---|
| Company | Paysign, Inc. (PAYS) |
| Form Type | 8-K |
| Filed Date | Jun 6, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, administrative
Related Tickers: PAYS
TL;DR
Paysign swapped auditors from BDO USA to Weaver and Associates, effective June 3rd.
AI Summary
Paysign, Inc. filed an 8-K on June 6, 2025, reporting a change in its certifying accountant. The company's previous independent registered public accounting firm was BDO USA, LLP, and the new firm appointed is Weaver and Associates, LLP, effective June 3, 2025. This change was approved by the Audit Committee of the Board of Directors.
Why It Matters
A change in auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor.
Risk Assessment
Risk Level: low — This filing reports a routine administrative change in the company's auditor and does not indicate any immediate financial or operational risks.
Key Players & Entities
- Paysign, Inc. (company) — Registrant
- BDO USA, LLP (company) — Former certifying accountant
- Weaver and Associates, LLP (company) — New certifying accountant
- June 3, 2025 (date) — Effective date of change
- June 6, 2025 (date) — Filing date of the 8-K
FAQ
Who was Paysign, Inc.'s previous independent auditor?
Paysign, Inc.'s previous independent auditor was BDO USA, LLP.
Who is Paysign, Inc.'s new independent auditor?
Paysign, Inc.'s new independent auditor is Weaver and Associates, LLP.
When did the change in certifying accountant become effective?
The change in certifying accountant became effective on June 3, 2025.
Which committee approved the change in auditor?
The Audit Committee of the Board of Directors approved the change in auditor.
What is the filing date of this 8-K report?
This 8-K report was filed on June 6, 2025.
Filing Details
This Form 8-K (Form 8-K) was filed with the SEC on June 6, 2025 regarding Paysign, Inc. (PAYS).