Basanite terminates auditor Hudgens CPA after firm's unannounced PCAOB withdrawal
Basanite Inc. terminated its independent registered public accounting firm Hudgens CPA, PLLC on June 2, 2026, after discovering the firm had withdrawn from the PCAOB as of November 2025 without notifying the company. The company had no communications with Hudgens since November 2025. Hudgens' prior audit reports for fiscal years ended December 31, 2024 and December 31, 2023 contained no adverse opinions, disclaimers, qualifications, or modifications.
Key facts
- Basanite Inc. (BASA)
- Terminated auditor: Hudgens CPA, PLLC
- Termination date: June 2, 2026
- Hudgens withdrew from PCAOB as of November 2025
- No communications since November 2025
- No disagreements per Item 304(a)(1)(iv) of Regulation S-K for fiscal years ended December 31, 2024 and 2023, and through June 2, 2026
- No reportable events per Item 304(a)(1)(v) of Regulation S-K
- Prior audit reports for FY 2024 and FY 2023 unqualified
Why it matters
Loss of auditor creates a gap in financial reporting oversight and requires the company to engage a new independent accounting firm to maintain SEC compliance and investor confidence.
Developing story
- NT 10-K
- officer_changethis filing
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Derived from 8-K filed 2026-06-05. Not investment advice. View the source filing on SEC.gov →