$QUCY·8-K

Quantum Cyber N.V. · Jun 26, 5:00 PM ET

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Quantum Cyber N.V. 8-K

Research Summary

AI-generated summary

Updated

Quantum Cyber N.V. Changes Independent Auditor to Haskell & White

What Happened

  • Quantum Cyber N.V. announced on June 22, 2026 that its Audit Committee dismissed Reliant CPA PC as the company's independent registered public accounting firm and engaged Haskell & White LLP as the new independent auditor, effective the same date.
  • Reliant’s audit reports for the years ended December 31, 2025 and 2024 were not adverse or qualified, but included a going-concern paragraph noting significant operating losses that raise substantial doubt about the company’s ability to continue as a going concern. Reliant was originally appointed on January 17, 2023.
  • The company reported there were no disagreements or “reportable events” between Quantum Cyber and Reliant from Reliant’s appointment through its dismissal. Reliant provided a letter dated June 26, 2026, filed as Exhibit 16.1, in response to the 8-K.

Key Details

  • Date of change: June 22, 2026 (dismissal of Reliant and engagement of Haskell & White).
  • New auditor engagement: Haskell & White LLP engaged for fiscal year ending December 31, 2026, effective immediately.
  • Reliant’s audit reports (2025 & 2024): included a going-concern paragraph about substantial doubt due to significant operating losses; otherwise not qualified or adverse.
  • No disagreements or reportable events were disclosed between the company and Reliant during Reliant’s tenure (Jan 17, 2023 – Jun 22, 2026). Company did not consult Haskell & White on accounting matters for prior periods.

Why It Matters

  • Auditor changes can affect audit approach, timing and costs; investors should note Quantum Cyber will have a new firm auditing 2026 results.
  • The going-concern disclosure in Reliant’s reports signals the company has incurred significant operating losses and that there is uncertainty about its ability to continue as a going concern — a material fact for investors evaluating financial health.
  • The filing indicates no disputes with the former auditor, which reduces the chance the change reflects accounting disagreements; still, investors may watch upcoming financial statements and the 2026 audit report for any new audit opinions or disclosures.

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