REALLOYS INC. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by REALLOYS INC. (Nevada) on April 17, 2026, covering events occurring on April 17, 2026, and April 20, 2026. The company is an emerging growth company with common stock (Symbol: ALOY) traded on The NASDAQ Capital Market.
Key Financial Metrics
The filing does not provide specific financial metrics such as revenue, profit, cash flow, margins, debt, or liquidity figures. The document focuses exclusively on corporate governance changes regarding the independent registered public accounting firm.
Material Changes
- Dismissal of Auditor: On April 17, 2026, the Company dismissed Victor Mokuolo CPA PLLC ("VMCPA") as its independent registered public accounting firm. This action was approved by the audit committee.
- Historical Audit Opinions: For the fiscal years ended December 31, 2025, and 2024, VMCPA issued audit reports that did not contain adverse, disclaimer, or qualified opinions. However, the reports included an explanatory paragraph regarding the Company's ability to continue as a going concern.
- Disagreements: There were no disagreements with VMCPA on accounting principles, practices, or auditing scope during the two most recent fiscal years.
- Appointment of New Auditor: On April 20, 2026, the Company engaged Grassi & Co. CPAs, P.C. as its new independent registered public accounting firm for the audit of the fiscal year ending December 31, 2026.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or specific risk factors beyond the historical going concern qualification noted in prior audit reports. The primary contingency addressed is the transition of audit responsibilities.
Investor Verification Checklist
- Verify the content of the letter from Victor Mokuolo CPA PLLC (Exhibit 16.1) to confirm if they agree with the Company's statements regarding the dismissal.
- Review the Company's most recent 10-K or 10-Q filings to assess the current status of the "going concern" qualification mentioned in the 2024 and 2025 audit reports.
- Confirm the engagement terms and scope of the new auditor, Grassi & Co. CPAs, P.C., for the 2026 fiscal year.
- Monitor for any subsequent filings that may disclose the reasons for the auditor change, as the 8-K does not explicitly state the rationale beyond the audit committee's approval.