JANEL CORP 8-K

What Happened

• Janel Corporation (JANL) announced that on December 30, 2025 its Audit Committee approved the dismissal of Prager Metis CPAs, LLC as the company’s independent registered public accounting firm and the engagement of Baker Tilly US, LLP as the independent auditor for the fiscal year 2026 audit.
• Prager Metis’s audit reports for the fiscal years ended September 30, 2025 and September 30, 2024 were not adverse or qualified, and the company reports no disagreements or “reportable events” with Prager for those years or through December 30, 2025. Prager Metis provided a letter dated January 5, 2026, which is included as Exhibit 16.1 to the 8-K.
• The company also disclosed that it did not consult Baker Tilly during the fiscal years ended September 30, 2025 and 2024 (or through December 30, 2025) on accounting or auditing matters that would trigger disclosure under Item 304 of Regulation S‑K.

Key Details

• Dismissal and engagement effective date: December 30, 2025.
• New auditor engaged for: fiscal year 2026 audit (Baker Tilly US, LLP).
• Prior auditor reports: Prager Metis’ reports for FYs ended Sept 30, 2025 and 2024 contained no adverse opinions, qualifications, or modifications.
• Prager Metis letter acknowledging the disclosures is dated January 5, 2026 (Exhibit 16.1).

Why It Matters

• A change in independent auditor is a material corporate action investors watch because it affects who will audit future financial statements and may result in changes to audit procedures or reporting.
• The filing indicates no disagreements or reportable events with the former auditor and unqualified prior-year audit reports, which reduces immediate red flags about past financial reporting.
• Investors should note the new auditor for upcoming audited results (FY2026) and review future filings for any additional disclosures about audit scope, fees, or changes in financial reporting.