BRILLIANT N.E.V. CORP. Dismisses Auditor; Going‑Concern Noted

What Happened

• BRILLIANT N.E.V. CORP. filed an 8-K (filed Sept 28, 2026) under Item 4.01 reporting that, on Sept 22, 2026, the Board of Directors of Origin Tea Inc. (which performs the functions of the company’s audit committee) approved the dismissal of its independent registered public accounting firm, Boladale Lawal & Co. (Chartered Accountants).
• Boladale’s report on the company’s financial statements for the years ended July 31, 2025 and July 31, 2024 included explanatory language expressing substantial doubt about the company’s ability to continue as a going concern, but the report was not adverse, disclaimed, qualified, or modified as to audit scope or accounting principles.

Key Details

• Dismissal effective date: September 22, 2026.
• Prior audit reports covered fiscal years ended July 31, 2025 and July 31, 2024.
• There were no disagreements between the company and Boladale on accounting principles, financial statement disclosure, or auditing scope/procedures for the periods reported, and no reportable events under Item 304(a)(1)(v) of Regulation S‑K.
• The company authorized Boladale to respond fully to inquiries from the successor auditor; Exhibit 16.1 is a letter from Boladale dated Sept 28, 2026.

Why It Matters

• A change in the company’s independent auditor is a material corporate event investors track because it can affect audit continuity and timing of future financial disclosures.
• The presence of a going‑concern explanatory paragraph in recent audit reports is a concrete warning about the company’s liquidity or ability to continue operations—information investors should weigh when assessing risk.
• Investors should watch for the identity of the successor auditor, any comments from that firm, and forthcoming financial statements or disclosures that address the going‑concern issues and the company’s plans for financing or operations.