PUBLIC CO MANAGEMENT CORP 8-K

What Happened

• PUBLIC CO MANAGEMENT CORP (PCMC) filed an 8-K on Jan 20, 2026 announcing that its prior auditor, Hudgens CPA, PLLC, ceased operations and effectively resigned on December 30, 2025. The company engaged L J Soldinger Associates, LLC as its new independent registered public accounting firm effective December 31, 2025. Hudgens’ audit reports for the fiscal years ended September 30, 2024 and 2023 were unqualified except for an explanatory “going concern” paragraph noting a working capital deficit, recurring net losses and the need for additional funds.
• PCMC also disclosed it was unable to file its Form 10‑K on December 29, 2025 or a Form 12b‑25 on December 30, 2025 because the SEC had not yet enrolled the company in EDGAR Next; enrollment occurred January 14, 2026.

Key Details

• Auditor change dates: Hudgens ceased operations and resigned effective Dec 30, 2025; Soldinger engagement approved Dec 31, 2025.
• Hudgens’ reports covered fiscal years ended Sep 30, 2024 and Sep 30, 2023 and included a going-concern explanatory paragraph.
• No disagreements or reportable events with Hudgens were reported for the two most recent fiscal years and through Dec 30, 2025.
• EDGAR Next enrollment occurred Jan 14, 2026, preventing timely filing of the 10‑K/12b‑25 in late Dec 2025.

Why It Matters

• Auditor changes and filing delays are material to investors because they affect the timing and independent review of the company’s financial statements. Hudgens’ resignation was due to the firm ceasing operations (not a disagreement), and the new auditor, Soldinger, was engaged immediately thereafter.
• The prior auditor’s going-concern note highlights that PCMC has a working capital deficit and ongoing losses, which are factual risks investors should consider when assessing financial health. The EDGAR enrollment issue explains the late filing but does not itself change the underlying financial results.