Mobiquity Technologies, Inc. 8-K

What Happened

• Mobiquity Technologies, Inc. (MOBQ) filed an 8-K reporting that on June 18, 2026 it and Stephano Slack LLC (“Slack”) mutually agreed to terminate Slack’s role as the company’s independent registered public accounting firm. Slack’s audit reports for the fiscal year ended December 31, 2025 did not contain an adverse opinion or disclaimer and were not qualified, but included an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern. The company provided Slack with these disclosures and filed Slack’s letter dated June 24, 2026 as Exhibit 16.1.
• On the same date, June 18, 2026, Mobiquity engaged M&K, CPA’s LLC (“M&K”) as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. In selecting M&K the company cited factors such as industry experience, public company audit capabilities, responsiveness, anticipated cost efficiencies, and help with capital markets initiatives. The company disclosed that neither it nor anyone on its behalf consulted M&K on accounting or auditing matters during 2025 or the interim period through the engagement date.

Key Details

• Date of change: June 18, 2026 (mutual termination of Stephano Slack and engagement of M&K).
• Prior auditor’s report: Stephano Slack’s audit for FY2025 included an explanatory “substantial doubt about ability to continue as a going concern” paragraph but no adverse or qualified opinion.
• Disagreements/reportable events: No disagreements with Slack; the only reportable event noted was the going-concern explanatory paragraph.
• Consultation with successor: No consultations with M&K during FY2025 or the interim period through June 18, 2026.

Why It Matters

• Auditor changes affect who will audit and issue the company’s future financial statements; investors should note that M&K will audit FY2026 results.
• The prior auditor’s going-concern paragraph is a material disclosure indicating substantial doubt about the company’s ability to continue operations, which investors should consider when evaluating risk and upcoming financial reports.
• Watch for the next audited financial statements, management’s updates on liquidity and operations, and any further SEC filings for more detail on how the company addresses the going-concern issue.