ProCap Financial, Inc. dismissed its auditor MaloneBailey, LLP and engaged BDO USA, P.C. as its new independent registered public accounting firm, and stockholders approved key proposals including a merger and director election at the annual meeting on March 27, 2026.
Key takeaways
The Audit Committee dismissed MaloneBailey, LLP as the independent registered public accounting firm effective March 27, 2026.
The Audit Committee engaged BDO USA, P.C. as the new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective March 27, 2026.
Stockholders approved the issuance of shares for the merger with CFO Silvia, Inc. with 33,172,356 votes for, 15,065,559 against, and 7,525 abstentions.
Stockholders elected Eric Jackson as a Class I director with 37,359,999 votes for, 9,562,078 withheld, and 1,323,363 abstentions.
Stockholders approved an amendment to the 2025 Equity Incentive Plan to increase shares available for issuance with 33,103,985 votes for, 13,867,806 against, and 1,273,649 abstentions.
MaloneBailey's audit report for the period from June 17, 2025 through December 31, 2025 contained no adverse opinion or disclaimer of opinion.