WinVest Acquisition replaces auditor BCRG with Simon & Edward LLP
WinVest Acquisition Corp. dismissed BCRG Group as its independent registered public accounting firm on June 23, 2026, and appointed Simon & Edward LLP as its replacement. The change followed S&E's June 15, 2026 acquisition of BCRG's attest business. BCRG's prior audit reports on the Company's consolidated financial statements for fiscal years 2025 and 2024 contained an explanatory paragraph indicating substantial doubt as to the Company's ability to continue as a going concern.
Key facts
- BCRG Group dismissed June 23, 2026; Simon & Edward LLP appointed same date
- S&E acquired BCRG's attest business effective June 15, 2026
- BCRG's audit reports for fiscal years ended December 31, 2025 and 2024 included going-concern qualification
- Material weaknesses in internal control over financial reporting previously disclosed in Company's Form 10-K for year ended December 31, 2025
- No disagreements between Company and BCRG on accounting principles, practices, disclosure, or auditing scope
Why it matters
The change reflects a structural transition driven by S&E's acquisition of BCRG's attest business; the prior auditor had expressed substantial doubt about the Company's ability to continue as a going concern, which remains a material uncertainty for the incoming auditor to address.
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Derived from 8-K filed 2026-06-29. Not investment advice. View the source filing on SEC.gov →