Dalrada Financial Corporation Provides Update on Selection of New PCAOB Auditing Firm

By October 17, 2024January 9th, 2026Press Releases
Dalrada Financial Corporation Provides Update on Selection of New PCAOB Auditing Firm

SAN DIEGO, CA – October 17, 2024 – Dalrada Financial Corporation (OTC: DHTI) (“Dalrada,” “the Company”), announced today that the company is currently active in the process of interviewing several PCAOB auditing firms to replace Assurance Dimensions. The company expects to engage a PCAOB auditing firm shortly and file its form 10-K for the year end June 30, 2024.

The company received notice of resignation from Assurance Dimensions on October 11, 2024, two business days prior to the deadline to file its June 30, 2024, Form 10-K, as stated in the 8-K filed on October 15, 2024, https://www.sec.gov/ix?doc=/Archives/edgar/data/725394/000168316824007149/dalrada_8k.htm. Assurance Dimensions was engaged to review the financials for the quarter ended March 31, 2024, audit the consolidated financial statements for year ending June 30, 2024, and the subsequent quarters.

Brian Bonar, CEO of Dalrada Financial Corp. stated, “When building a company experiencing rapid growth and achieving its business goals, we must maintain agility and adaptability to stay focused on our objectives, even when faced with challenges. As Dalrada continues to expand and thrive, I’m eager to find a new audit partner who understands our diverse operations and can support our growth in the years to come.