Blue Biofuels changes independent auditor after Assure CPA merger
Blue Biofuels announced on June 3, 2026 that its independent auditor Assure CPA, LLC merged into Sadler, Gibb & Associates, LLC and ceased operations, prompting Assure CPA's resignation. The Audit Committee approved the engagement of Sadler Gibb as the Company's independent registered public accounting firm for the fiscal year ending 2026 on June 8, 2026. Assure CPA's audit reports for fiscal years 2024 and 2025 contained no adverse opinions or qualifications except for explanatory paragraphs expressing substantial doubt about the Company's ability to continue as a going concern.
Key facts
- Assure CPA, LLC merged into Sadler, Gibb & Associates, LLC on June 3, 2026
- Assure CPA resigned as independent registered public accounting firm on June 3, 2026
- Audit Committee approved engagement of Sadler Gibb & Associates, LLC on June 8, 2026
- Assure CPA's audit reports for fiscal years 2024 and 2025 expressed substantial doubt about going concern
- No disagreements with Assure CPA on accounting principles, disclosure, or auditing scope during fiscal years 2024, 2025, and interim period through June 3, 2026
- No prior consultation with Sadler Gibb on accounting principles or audit opinions through June 3, 2026
Why it matters
The change in independent auditors, following a merger of the prior firm, may require disclosure of audit transition processes and reflects continued going-concern uncertainty at the company.
Share
Get the next chapter in your inbox — a Sentinel watches this company and briefs the next material filing the moment it lands.
Derived from 8-K filed 2026-06-09. Not investment advice. View the source filing on SEC.gov →