Destiny Media Technologies Announces Change of Auditor

Rhea-AI Summary

Destiny Media Technologies (OTCQB: DSNY), provider of Play MPE cloud-based SaaS solution for music industry digital asset management, announced a change in its auditor. The company's board accepted the resignation of Smythe LLP on May 28, 2025, and appointed Davidson & Company LLP as the new auditor until the next annual general meeting. The company confirmed there were no reservations in the Former Auditor's reports and no reportable events as defined by National Instrument 51-102. The required change of auditor documentation has been filed on the company's SEDAR+ profile.

Vancouver, British Columbia--(Newsfile Corp. - May 30, 2025) - Destiny Media Technologies Inc. (TSXV: DSY) (OTCQB: DSNY), the makers of Play MPE®, a cloud-based SaaS solution for digital asset management in the music industry, announced today the change of it's auditor from Smythe LLP (the 'Former Auditor') to Davidson & Company LLP (the 'Successor Auditor').

The Company's board of directors accepted the resignation of the Former Auditor, as of May 28, 2025 and appointed the Successor Auditor as the new auditor and to hold office until the close of the Company's next annual general meeting of shareholders.

There were no reservations in the Former Auditor's audit reports for any financial period during which the Former Auditor was the Company's auditor. There are no "reportable events" (as the term is defined in National Instrument 51-102 - Continuous Disclosure Obligations ("NI 51-102")) between the Company and the Former Auditor.

The Company has filed the required change of auditor reporting package on the Company's profile at www.sedarplus.ca.

About Destiny Media Technologies Inc.

Destiny Media Technologies Inc. ("Destiny") provides software as service (SaaS) solutions to businesses in the music industry solving critical problems in distribution and promotion. The core service, Play MPE® (www.plaympe.com), is the world's leading provider of music promotional delivery services, dedicated to empowering artists and industry professionals with innovative solutions for success in the digital age. More information can be found at www.dsny.com.

Contacts:

Fred Vandenberg
CEO, Destiny Media Technologies, Inc.
604 609 7736 x236

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/254042

FAQ

Why did Destiny Media Technologies (DSNY) change its auditor in 2025?

Destiny Media Technologies accepted the resignation of Smythe LLP on May 28, 2025, and appointed Davidson & Company LLP as the new auditor. No specific reason was provided for the change.

Were there any issues with Destiny Media Technologies' previous auditor Smythe LLP?

No, there were no reservations in Smythe LLP's audit reports and no reportable events as defined by National Instrument 51-102.

Who is the new auditor for Destiny Media Technologies (DSNY)?

Davidson & Company LLP was appointed as the new auditor for Destiny Media Technologies, to serve until the next annual general meeting.

What is Destiny Media Technologies' main business?

Destiny Media Technologies is the maker of Play MPE, a cloud-based SaaS solution for digital asset management in the music industry.