GROW Capital, Inc. Secures PCAOB Independent Auditors
GROW Capital, Inc. Engages PCAOB Registered Independent Auditors
GROW Capital, Inc. (OTCID: GRWC) has taken a significant step by engaging a PCAOB registered independent public accounting firm. This marks a new chapter aimed at enhancing transparency and compliance.
Commitment to Market Uplisting Efforts
The decision, supported unanimously by GROW Capital's Audit Committee and Board of Directors, aligns with the company's strategic initiative to uplift its market status. This engagement of an independent firm symbolizes a commitment to its fiscal 2026 business plan.
Engagement of Cherry Bekaert LLP
GROW Capital is partnering with Cherry Bekaert LLP, a renowned accounting firm known for its expertise. They will oversee audits of the company's financial results for the fiscal years 2024 and 2023, which is a critical component of the company's growth strategy.
Enhancing Transparency and Confidence
According to Terry Kennedy, CEO of GROW Capital, this return to independent audits is pivotal for instilling confidence among shareholders and partners. Verified, audited financial reports will provide assurance of the company's operational integrity.
Steps Towards Uplisting
Engaging these auditors brings GROW Capital closer to fulfilling its objectives for uplisting to a senior tier of the OTCMarkets. The company has made progress towards completing a review of a Form 211 with a broker-dealer under SEC Rule 15c2-11, which is essential for uplisting.
Company Status Upgrades
Recently, GROW Capital achieved an upgrade to an OTCMarkets new OTCID status. The company's strategic vision includes compliance with the OTCQB tier and plans for future uplisting possibilities with prominent exchanges, including NASDAQ and NYSE American Exchange.
Future Business Plans
As part of its ongoing growth, GROW Capital will also focus on scaling its subsidiaries, enhancing fintech capabilities, and exploring new market opportunities. With the engagement of independent auditors, the company is set to reinforce its foundational strengths for long-term growth.
About GROW Capital, Inc.
GROW Capital, Inc. (OTCID: GRWC) is a financial services and technology holding company dedicated to acquiring and growing businesses in innovative sectors. Through its subsidiaries, such as PERA LLC, PERA Administrators LLC, and Bombshell Technologies LLC, the company provides services including retirement plan administration and fintech solutions to a wide client base.
Contact Information
For media inquiries, please reach out to Terry Kennedy, CEO of GROW Capital, Inc. The company is located at 6145 S. Rainbow Blvd, Suite 105, Las Vegas, NV 89118. For assistance, call 702-830-7919 or email Info@growcapitalinc.com.
Frequently Asked Questions
What is the significance of GROW Capital engaging an independent public accounting firm?
This engagement indicates GROW Capital’s commitment to transparency and regulatory compliance, crucial for its restructuring and growth plans.
How will this affect GROW Capital's market position?
By returning to independent audits, GROW Capital aims to strengthen shareholder confidence and move towards uplisting to a higher tier on OTCMarkets.
Who is the accounting firm GROW Capital has engaged?
GROW Capital has engaged Cherry Bekaert LLP, a reputable firm to audit its financial results for 2023 and 2024.
What are the company’s future goals?
Future goals include compliance with OTCQB standards and exploring uplisting opportunities with larger stock exchanges.
How can the public contact GROW Capital for further information?
Those interested in more information can contact the company by calling 702-830-7919 or via email at Info@growcapitalinc.com.
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