SHARING ECONOMY INTERNATIONAL INC. 8-K

What Happened
Sharing Economy International, Inc. filed an 8‑K (Feb 19, 2026) reporting that the Board accepted the resignation of independent auditor Olayinka Oyebola & Co. effective January 29, 2026. The company concurrently engaged Lao Professionals to serve as its independent registered public accounting firm to audit consolidated financial statements for fiscal years ending December 31, 2022, 2023, 2024 and 2025 and to perform quarterly reviews for March, June and September of 2023, 2024 and 2025.

Key Details

• Resignation of Olayinka Oyebola & Co. accepted by the Board on January 29, 2026 (effective immediately).
• Lao Professionals retained to audit FY 2022–2025 consolidated financials and perform quarterly reviews for Mar/Jun/Sep 2023–2025.
• The company states that, from the fiscal year ended Dec 31, 2021 through the filing date, it did not consult Lao on accounting matters and Lao did not provide prior written/oral advice that affected accounting decisions.
• The filing reports no disagreements with Olayinka Oyebola & Co. on accounting principles, financial statement disclosures, or audit scope that would have triggered a reportable event.

Why It Matters
A change in independent auditor is a material disclosure because the auditor performs or attests to the accuracy of the company's financial statements. This filing confirms a formal auditor transition and that no disagreements with the former auditor were reported. Investors should note the new engagement and watch for the upcoming audited financial statements and review reports prepared by Lao Professionals for any changes in audit opinion, scope, or disclosures.