Elite Pharmaceuticals Inc (ELTP)

[ARbigguy1]

LOL, it is amazing that some are trying to spin the change in independent registered public accounting firm as some terrible event for Elite. Elite had to update paperwork! Mazars and Forvis merged two companies together so Elite had to update their filings. Still the same accounting firm people working with Elite just with some additional expertise from Forvis now : ) Its a no impact event just adding the new combined company on the paperwork.
From the 8-K :
Elite Pharmaceuticals Inc. (the "Company”) was notified by Mazars USA LLP ("Mazars USA”), the Company’s independent registered public accounting firm, that Mazars
USA had entered into a transaction with Forvis, LLP, on June 1, 2024, the result of which is that substantially all of the partners and employees of Mazars USA have joined Forvis,
LLP,and Forvis, LLP has changed its name to Forvis Mazars, LLP ("Forvis Mazars”). Therefore, Mazars USA effectively resigned as the Company’s independent registered public
accounting firm and Forvis Mazars now serves as the Company’s independent registered public accounting firm, as recommended by the Company’s Audit Committee and
approved by the Company’s Board of Directors,effective June 1, 2024.