$PNXP·8-K

PINEAPPLE EXPRESS CANNABIS Co · May 5, 12:24 PM ET

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PINEAPPLE EXPRESS CANNABIS Co 8-K

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Pineapple Express Cannabis Co Dismisses Independent Auditor (Apr 25, 2026)

What Happened Pineapple Express Cannabis Company (PNXP) announced the dismissal of its independent registered public accounting firm, Aloba Awomolo & Partners (PCAOB Firm ID No. 7275), effective April 25, 2026. The Company’s full Board of Directors — which performs audit-committee functions because there is no separately designated audit committee — approved the dismissal. Aloba’s audit report for the fiscal year ended January 31, 2025 did not contain an adverse opinion or disclaimer and was not otherwise qualified, except it included an explanatory paragraph noting substantial doubt about the Company’s ability to continue as a going concern.

Key Details

  • Dismissal approved by the Board on April 25, 2026; 8-K filed May 5, 2026.
  • Auditor dismissed: Aloba Awomolo & Partners (PCAOB Firm ID No. 7275).
  • Aloba’s reports for year ended Jan 31, 2025 included a going-concern explanatory paragraph but no adverse or disclaimer opinion.
  • The Company reports no disagreements with Aloba on accounting, disclosure or audit scope and no “reportable events” for the periods covered.
  • The Company provided Aloba a copy of the 8-K and requested a letter to the SEC stating whether Aloba agrees with the Company’s disclosures.

Why It Matters A change of independent auditor is material for investors because it affects oversight of the company’s financial reporting. The filing confirms there were no audit disagreements or reportable events, which suggests the dismissal was not due to contested accounting issues; however, the prior auditor did flag substantial doubt about the company’s ability to continue as a going concern for the fiscal year ended Jan 31, 2025. Investors should look for future filings naming the successor auditor and monitor upcoming financial reports and any additional disclosures about liquidity or going-concern risk.

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