$BBLR·8-K

Bubblr Inc. · Jun 23, 6:42 PM ET

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Bubblr Inc. 8-K

Research Summary

AI-generated summary

Updated

Bubblr Inc. Appoints Simon & Edward LLP as New Auditor

What Happened

  • Bubblr, Inc. announced that its Audit Committee dismissed BCRG Group (“BCRG”) and approved the appointment of Simon & Edward LLP (“S&E”) as the Company’s new independent registered public accounting firm. The Audit Committee action was taken on June 23, 2026, after S&E acquired BCRG’s attest business effective June 15, 2026. S&E will provide the audit and attest services previously performed by BCRG.

Key Details

  • Date of committee action: June 23, 2026; effective acquisition of attest business by S&E: June 15, 2026.
  • BCRG’s audit reports for the fiscal years ended December 31, 2025 and 2024 contained no adverse or qualified opinions, but included an explanatory paragraph about substantial doubt regarding the Company’s ability to continue as a going concern.
  • There were no disagreements or reportable events between Bubblr and BCRG during 2024, 2025 or through the date of the 8‑K, except previously disclosed material weaknesses in internal control over financial reporting (disclosed in the 2025 Form 10‑K).
  • Bubblr requested and filed a letter from BCRG dated June 23, 2026 confirming the matters described in the 8‑K.

Why It Matters

  • Auditor changes can affect audit continuity and investor confidence; in this case the change followed an acquisition of BCRG’s attest practice by S&E rather than a dispute.
  • The prior audits were unqualified, but included a going‑concern explanatory paragraph and previously disclosed material weaknesses in internal controls — facts investors should consider when evaluating financial risk and upcoming filings.
  • Investors should watch for any updates from Bubblr about how the new auditor addresses the material weaknesses and the going‑concern issues in future financial reports.

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