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Kioni Holdings Limited dismissed Olayinka Oyebola & Co (OOC) as its independent registered public accounting firm effective November 3, 2025, and appointed LAO Professionals (LAO) as its new firm on the same date. The Board approved the change; OOC's reports for fiscal years 2023 and 2024 had no adverse opinions or disagreements, though included a going concern explanatory paragraph.
Key Takeaways
1Dismissal of Olayinka Oyebola & Co effective November 3, 2025
2Appointment of LAO Professionals effective November 3, 2025
3Board of Directors approved the auditor change
4OOC reports for FY ended December 31, 2024 and 2023 contained no adverse opinion, disclaimer, or qualification except going concern paragraph
5No disagreements with OOC on accounting principles, disclosures, or auditing scope through November 6, 2025
6No prior consultations with LAO on accounting or auditing matters