8-K: Bespoke Extracts Changes Accounting Firms: Assurance Dimensions Resigns, Stephano Slack Engaged
8-K Filing
Bespoke Extracts, Inc. announces the resignation of Assurance Dimensions as its independent auditor and the engagement of Stephano Slack LLC as the new auditor, effective May 8, 2025.
Summary
- Bespoke Extracts, Inc. has announced a change in its independent registered public accounting firm.
- Assurance Dimensions, Inc. resigned on May 8, 2025, due to its exit from providing audit services to publicly traded companies.
- Assurance Dimensions' reports on the company's financial statements for the fiscal years ended December 31, 2024 and 2023, did not contain any adverse opinions, disclaimers, qualifications, or modifications.
- There were no disagreements or reportable events between Bespoke Extracts and Assurance Dimensions during the relevant periods.
- On May 8, 2025, Bespoke Extracts engaged Stephano Slack LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2025.
- Bespoke Extracts did not consult with Stephano Slack on accounting principles or the type of audit opinion during the specified periods prior to the engagement.
Sentiment
Score: 7
Explanation: The announcement is neutral to slightly positive. The change in auditors appears to be amicable and without any reported disagreements. The resignation of Assurance Dimensions is due to their business decision and not related to any issues with Bespoke Extracts.
Positives
- Assurance Dimensions confirmed that its audit reports for the past two fiscal years did not contain any adverse opinions or disclaimers.
- Assurance Dimensions confirmed they have been paid in full for all services rendered to date.
- The transition to a new auditor appears to be amicable and without any reported disagreements.
Industry Context
Changes in auditors are relatively common, but it's important to ensure a smooth transition and that the new auditor is qualified and independent. The resignation of Assurance Dimensions due to exiting the business of providing audit services to publicly traded companies is unusual, but does not necessarily reflect negatively on Bespoke Extracts.
Stakeholder Impact
- Shareholders should be aware of the change in auditors, but it does not appear to be related to any financial or accounting issues.
- The company needs to ensure a smooth transition to the new auditor to maintain the integrity of its financial reporting.
Key Dates
| Date | Description |
|---|---|
| December 31, 2023 | Fiscal year end for which Assurance Dimensions provided an audit report. |
| December 31, 2024 | Fiscal year end for which Assurance Dimensions provided an audit report. |
| March 31, 2025 | End of the interim period prior to the engagement of Stephano Slack. |
| May 8, 2025 | Resignation date of Assurance Dimensions and engagement date of Stephano Slack. |
| May 9, 2025 | Date of the 8-K filing. |
| December 31, 2025 | Fiscal year end for which Stephano Slack will be the auditor. |
Keywords
independent registered public accounting firm, auditor, Assurance Dimensions, Stephano Slack, Bespoke Extracts, accounting, audit
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