Helio Corp /FL/ 8-K

What Happened

• Helio Corporation filed an 8-K reporting that on February 21, 2026 its Board approved the dismissal of Astra Audit & Advisory, LLC as the company’s independent registered public accounting firm and approved engagement of Hacker, Johnson & Smith PA (HJS) to audit the consolidated financial statements for the fiscal year ending October 31, 2026 and to review interim financials for that fiscal year. A press release announcing HJS was issued on February 23, 2026 (Exhibit 99.1).

Key Details

• Dismissal and engagement both approved February 21, 2026; press release dated February 23, 2026; 8-K filed February 26, 2026.
• Astra’s audit reports for the fiscal years ended October 31, 2025 and October 31, 2024 included explanatory paragraphs expressing substantial doubt about Helio’s ability to continue as a going concern.
• The company reported no disagreements or “reportable events” with Astra for the two most recent fiscal years and through the interim period ending February 21, 2026; Astra’s response letter is filed as Exhibit 16.1 (dated February 25, 2026).
• HJS is registered with the Public Company Accounting Oversight Board (PCAOB); Helio and HJS had no prior consultations during the covered periods about accounting or auditing issues.

Why It Matters

• A change in independent auditor is material because the auditor provides assurance on the company’s financial statements and timing of filings. Investors should note that prior audits contained a going-concern emphasis, which is a clear, disclosed issue about the company’s financial outlook. The filing states there were no disagreements with the former auditor and that the new auditor is PCAOB-registered; these are factual points investors may weigh when assessing financial statement reliability and upcoming audit work for FY2026.