Form 8-K · Item 4.02 · Non-reliance
PreAxia Health care Payment Systems Inc.: non-reliance on previously issued financial statements
PreAxia Health care Payment Systems Inc. reported in a Form 8-K filed April 21, 2026, that on April 9, 2026, it concluded that previously issued financial statements should no longer be relied upon: the three months ended August 31, 2025.
In the filing's words
On April 9, 2026, the management of PreAxia Health care Payment Systems Inc., a Nevada corporation (the “Company”), identified material errors in the previously released financial statements for the three months ended August 31, 2025 (the “Non-Reliance Period”) and concluded that such financial statements should no longer be relied upon.
the financial statements for the Non-Reliance Period should no longer be relied on. Similarly, any previously issued or filed reports, press releases, earnings releases, and investor presentations or other communications describing the Company’s financial statements and other related financial information covering the Non-Reliance Periods should no longer be relied upon.
The Company’s management has discussed the matters disclosed in this Item 4.02 with Fruci & Associates, CPAs and M&K CPAs, the Company’s former and current independent registered public accounting firms.
Verbatim from sec.gov, Item 4.02 (Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review). We quote the filing; we do not characterize it.
| Company | PreAxia Health care Payment Systems Inc. |
|---|---|
| Ticker | PAXH |
| Form and item | 8-K, Item 4.02 |
| Filed with the SEC | April 21, 2026 |
| Statements no longer relied upon |
|
| Concluded by | Not established by the filing |
| Date of the conclusion | April 9, 2026 |
| Discussed with the accountant | not stated |
| Accession number | 0001079973-26-000518 |
| SEC CIK | 0001350156 |
PreAxia Health care Payment Systems Inc. reported under Form 8-K Item 4.02 (Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review), filed April 21, 2026. The filing's own words are quoted above.
Sources
- sec.gov · SEC filing, Form 8-K, Item 4.02 · accessed 2026-10-24
Documented unknowns
- concluded_by: The excerpts do not say who reached the conclusion.
PreAxia Health care Payment Systems Inc.'s other filings on auditors and restatements
2026-03-05 · Item 4.01 · Auditor change · amended
auditor change, Sadler Gibb & Associates to M&K CPAs, March 5, 2026
dismissed, engaged · former: Sadler Gibb & Associates · new: M&K CPAs
2026-02-26 · Item 4.01 · Auditor change
auditor change, Saddler Gibb & Associates to M&K CPAs, February 26, 2026
dismissed, engaged · former: Saddler Gibb & Associates · new: M&K CPAs
2025-12-12 · Item 4.01 · Auditor change
auditor change, Fruci & Associates II, PLLC was dismissed and resigned, December 12, 2025
dismissed, resigned · former: Fruci & Associates II, PLLC
More: all non-reliance and restatements · Something wrong? Send a correction with the primary source.