Boumarang Inc.: changes independent registered public accounting firm

What happened Boumarang Inc announced that on Oct 12, 2026 the Board of Directors approved the dismissal of LAO Professionals ("LAO") as the Company’s independent registered public accounting firm and approved the engagement of Simon & Edward, LLP ("S&E"), a PCAOB-registered firm (PCAOB ID 2485) in Rowland Heights, California, to audit the Company’s consolidated financial statements for the fiscal year ending Dec 31, 2026 and to review interim consolidated financial statements for the quarter ending Sep 30, 2026. The filing states LAO audited the Company’s consolidated financial statements as of Dec 31, 2025 and 2024 and for the year ended Dec 31, 2025 and the period from Jul 26, 2024 (inception) through Dec 31, 2024; LAO’s report included an explanatory paragraph about substantial doubt regarding the Company’s ability to continue as a going concern.

Key details

• The Board performed the functions of an audit committee and approved both the dismissal and the engagement on Oct 12, 2026.
• LAO advised the Company it is transitioning California-based clients to U.S.-based independent firms; the Board said it determined engaging a U.S.-based firm with direct access to the Company’s management, accounting records and operations is in the best interests of the Company and its stockholders.
• Management disclosed in the Form 10-Q for the quarter ended Jun 30, 2026 that disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting relating to inadequate segregation of duties and absence of formally documented internal control policies and procedures. The Board discussed these material weaknesses with LAO.
• LAO’s letter dated Oct 14, 2026 is filed as Exhibit 16.1. The filing states that neither the Company nor anyone acting on its behalf consulted with S&E on accounting or auditing matters through Oct 14, 2026.

Why it may matter This Item 4.01 filing reports a change in the Company’s independent registered public accounting firm (dismissal of LAO and engagement of S&E) and discloses that LAO’s prior report included a going concern explanatory paragraph and that management identified material weaknesses in internal control over financial reporting as of Jun 30, 2026. The filing does not show why the company acted.