Business Context and Reporting Period
ESPEY MFG. & ELECTRONICS CORP. (ESP) filed a Form 8-K on September 30, 2025. The company is incorporated in New York and trades on the NYSE American. The filing addresses a change in the registrant's certifying accountant.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding a corporate governance event rather than a financial performance statement.
Material Changes
The primary material change disclosed is the engagement of a new independent auditor. On September 30, 2025, the Company engaged WithumSmith+Brown, PC ("Withum") to audit its financial statements for the fiscal year ending June 30, 2026. Withum is the successor to Freed Maxick, P.C. ("FM"), the Company's prior auditing firm, following a practice merger announced on August 1, 2025.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No specific risks or contingencies related to the auditor change were disclosed beyond the transition itself.
Investor Verification Checklist
- Confirm the effective date of the audit engagement with WithumSmith+Brown, PC.
- Verify the status of the prior audit firm, Freed Maxick, P.C., and the nature of the practice merger.
- Review the upcoming 10-K for the fiscal year ending June 30, 2026, to ensure the new auditor's report is included.
- Check for any subsequent filings regarding disagreements with the former accountant, as none were explicitly detailed in this text.