ALEXANDER TECH CORP 8-K

What Happened

• ALEXANDER TECH CORP filed an 8-K reporting that on February 27, 2026 it dismissed FRUCI & ASSOCIATES, PS as its independent registered public accounting firm and the Board approved the immediate appointment of PG Accountants LLC to perform audit services for the fiscal year ending April 30, 2026.
• FRUCI & ASSOCIATES’ audit reports for the two fiscal years ended April 30, 2025 were not adverse or qualified, but did include an explanatory paragraph about the company’s potential inability to continue as a going concern. The company reported no disagreements with FRUCI & ASSOCIATES during the two fiscal years ended April 30, 2025 and through March 9, 2026. FRUCI’s letter to the SEC is filed as an exhibit to the 8-K.
• The company also disclosed that it did not consult PG Accountants during the two fiscal years ended April 30, 2025 or through February 27, 2026 on accounting or auditing matters.

Key Details

• Dismissal and appointment date: February 27, 2026.
• New auditor: PG Accountants LLC, appointed to audit fiscal year ending April 30, 2026.
• Prior audits (two fiscal years ended April 30, 2025) included a going-concern explanatory paragraph but were otherwise unqualified; no disagreements or reportable events were reported.
• FRUCI & ASSOCIATES’ response letter to the SEC is included as an exhibit to the filing.

Why It Matters

• A change in independent auditor is material because investors rely on the auditor’s opinion for confidence in the company’s financial statements. The prior auditor’s going-concern paragraph signals existing liquidity or operational risks that investors should note.
• The new auditor will issue the upcoming audit opinion for FY2026; investors should review the next audited financial statements and the auditor’s report for any changes in opinion, disclosures, or findings.