Form 8-K · Item 4.02 · Non-reliance
Stablecoin Development Corp: non-reliance on previously issued financial statements
Stablecoin Development Corp reported in a Form 8-K filed April 29, 2026, that on April 27, 2026, its audit committee concluded that previously issued financial statements should no longer be relied upon: the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025.
In the filing's words
On April 27, 2026, the audit committee of the board of directors and management of the Company concluded that the Company’s previously issued audited consolidated financial statements for the year ended December 31, 2025, should no longer be relied upon because of an error in the Company’s accounting relating to certain outstanding pre-funded warrants issued on October 16, 2025
The audit committee of the board of directors and management of the Company have discussed the foregoing matter with the Company’s independent registered public accounting firm, CBIZ CPAs, P.C.
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 | Stablecoin Development Corp |
|---|---|
| Ticker | SDEV |
| Form and item | 8-K, Item 4.02 |
| Filed with the SEC | April 29, 2026 |
| Statements no longer relied upon |
|
| Concluded by | audit committee |
| Date of the conclusion | April 27, 2026 |
| Discussed with the accountant | yes |
| Accession number | 0001437749-26-013891 |
| SEC CIK | 0001389545 |
Stablecoin Development Corp 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 29, 2026. The filing's own words are quoted above.
Sources
- sec.gov · SEC filing, Form 8-K, Item 4.02 · accessed 2026-10-24
Stablecoin Development Corp's other filings on auditors and restatements
2026-01-30 · Item 4.01 · Auditor change
auditor change, CBIZ CPAs, P.C. engaged, January 30, 2026
engaged · new: CBIZ CPAs, P.C.
2026-01-28 · Item 4.01 · Auditor change
auditor change, WithumSmith+Brown, PC declined to stand for re-appointment, January 28, 2026
declined to stand for re-appointment · former: WithumSmith+Brown, PC
More: all non-reliance and restatements · Something wrong? Send a correction with the primary source.