UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Item 4.01 Changes in Registrant's Certifying Accountant.
On May 9, 2024, the Audit Committee of the Board of Directors (the “Audit Committee”) of EBET, Inc. (the “Company”) dismissed BF Borgers CPA, PC (“BF Borgers”) as its independent registered public accounting firm, effective as of such date.
The report of BF Borgers on the Company’s financial statements as of September 30, 2023 and 2022 did not contain an adverse opinion or disclaimer of opinion, and was not qualified or modified as to uncertainty, audit scope, or accounting principles, other than an explanatory paragraph relating to the Company’s ability to continue as a going concern. During the Company’s two most recent fiscal years ended September 30, 2022 and 2023, and through May 9, 2024, the date of BF Borgers’ dismissal, there were no: (1) disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) with BF Borgers on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of BF Borgers, would have caused BF Borgers to make reference to the matter in its report on the financial statements for such year.
The U.S. Securities and Exchange Commission (the “SEC”) has advised that, in lieu of obtaining a letter from BF Borgers stating whether or not it agrees with the statements herein, the Company may indicate that BF Borgers is not currently permitted to appear or practice before the SEC for reasons described in the SEC’s Order Instituting Public Administrative and Cease-and-Desist Proceedings Pursuant to Section 8A of the Securities Act of 1933, Sections 4C and 21C of the Securities Exchange Act of 1934 and Rule 102(e) of the Commission’s Rules of Practice, Making Findings, and Imposing Remedial Sanctions and a Cease-and-Desist Order, dated May 3, 2024.
On May 12, 2024, the Audit Committee approved the appointment of Astra Audit & Advisory, LLC (“Astra”) (formerly known as Coastal Accounting & Consulting, LLC, PCAOB ID #6920) as the Company’s independent registered public accounting firm for the fiscal year ended September 30, 2024 and 2023.
During the Company’s two most recent fiscal years ended September 30, 2023 and 2022, and through May 12, 2024, neither the Company nor anyone on their behalf consulted with Astra with respect to either (i) the application of accounting principles to a specific transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, and neither written nor oral advice was provided to the Company that Astra concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; (ii) any matter that was either the subject of disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304 of Regulation S-K) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
EBET, INC. | |
Date: May 15, 2024 | |
By: /s/ Matthew Lourie | |
Matthew Lourie | |
Chief Financial Officer |
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