RAVE RESTAURANT GROUP, INC. 8-K

What Happened

• Rave Restaurant Group, Inc. filed an 8-K reporting that, effective February 10, 2026, it dismissed its independent registered public accounting firm Whitley Penn LLP and engaged Bodwell Vasek Wells DeSimone, LLP (BVWD) as its new auditor. The Audit Committee approved the change.
• Whitley Penn’s audit reports for the fiscal years ended June 29, 2025 and June 30, 2024 were unqualified (no adverse or disclaimer opinions) and were not modified for uncertainty, scope, or accounting principles. The company reported no disagreements or reportable events with Whitley Penn during those periods.
• The company provided Whitley Penn with this 8-K and received a letter from Whitley Penn concurring with the statements (filed as Exhibit 16.1). Rave also stated it did not consult BVWD on accounting matters during the two fiscal years ended June 29, 2025 or the interim period before BVWD’s appointment.

Key Details

• Effective date of auditor change: February 10, 2026.
• Prior audited years referenced: fiscal years ended June 29, 2025 and June 30, 2024.
• Whitley Penn’s reports: no adverse opinions, qualifications, disagreements, or “reportable events.”
• New auditor: Bodwell Vasek Wells DeSimone, LLP (BVWD); no prior consultations between BVWD and the company on accounting or audit opinion matters during the reviewed periods.

Why It Matters

• An auditor change is material because it affects who conducts and signs off on the company’s financial audits. For investors, the filing confirms continuity in audit conclusions to date (no adverse opinions or disagreements) and documents the Audit Committee’s approval.
• Watch upcoming filings (quarterly and annual reports) for BVWD’s audit work and any changes in disclosure or audit scope. The 8-K does not indicate any existing audit problems, but the new auditor will be responsible for future audit opinions investors rely on.