Lelantos Holdings Engages Aloba, Awomolo & Partners as PCAOB-Approved Auditor to Support Planned Uplift to OTCQB
Rhea-AI Summary
Lelantos Holdings (OTCID: LNTO) announced on December 5, 2025 that it engaged Aloba, Awomolo & Partners, a PCAOB‑approved auditor, to perform independent financial audits in preparation for a planned application to uplist its common stock to the OTCQB Venture Market. The engagement aims to enhance transparency, strengthen internal controls, and align the company's reporting and governance with OTCQB requirements.
The company said the PCAOB‑standard audits and AAP’s experience support its objective to improve liquidity, broaden the investor base, and increase capital‑market visibility ahead of a potential OTCQB uplift.
Positive
- Engaged a PCAOB‑approved auditor on Dec 5, 2025
- Preparing formal audits to support a planned OTCQB uplist
Negative
- None.
News Market Reaction – LNTO
On the day this news was published, LNTO declined 13.99%, reflecting a significant negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
LNTO showed a 4.17% pre-news gain with elevated volume, while key renewable utilities peers were mixed: ADHI down 12.17% in price but later associated with a separate 10.93% positive reaction to its own uplisting-related update, and HLGN up 0.59%. Other peers were flat, indicating stock-specific rather than broad sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 05 | Auditor engagement | Positive | -14.0% | Engaged PCAOB-approved auditor to support planned OTCQB uplisting. |
| Dec 01 | Strategic expansion | Positive | +22.6% | Announced expansion into mineral, aggregate and silica market verticals. |
| Jul 02 | Market access upgrade | Positive | -39.8% | Qualified for OTC Level 2 quotes and Improved Disclosure Service. |
Recent history shows positive corporate-access and governance steps (Level 2 quotes, PCAOB auditor) sometimes coinciding with negative price reactions, while expansion into new resource verticals aligned with a strong positive move.
Over the last six months, Lelantos reported several market-structure and growth milestones. On Jul 2, 2025, it qualified for OTC Level 2 quotes and the Improved Disclosure Service, yet the stock fell 39.84%. On Dec 1, 2025, a strategic expansion into mineral and silica verticals saw a 22.61% gain. Today’s Dec 5, 2025 auditor engagement for an OTCQB application continues the theme of pursuing higher transparency and market accessibility.
Market Pulse Summary
The stock dropped -14.0% in the session following this news. A negative reaction despite structurally positive news would fit prior instances where access and governance upgrades coincided with weak price responses. The company pursued OTCQB preparation and PCAOB-standard audits while the stock sat about 98.24% below its 52-week high, indicating existing bearish pressure. Elevated volume at 2.59x the 20-day average could have reflected profit-taking or skepticism, consistent with past divergences around market-structure milestones.
Key Terms
pcaob-approved regulatory
public company accounting oversight board regulatory
otcqb venture market regulatory
international financial reporting standards (ifrs) regulatory
AI-generated analysis. Not financial advice.
Firm retained to complete financial audits and strengthen reporting standards ahead of anticipated market tier upgrade
TUCSON, Ariz., Dec. 05, 2025 (GLOBE NEWSWIRE) -- via IBN – Lelantos Holdings, Inc. (OTCID: LNTO) (“Lelantos” or the “Company”), a diversified development company focused on renewable energy and high-value natural resource and industrial opportunities, today announced that it has engaged Aloba, Awomolo & Partners (“AAP”), a PCAOB-approved auditing firm, to complete the Company’s financial audits in preparation for a planned application to uplist its common stock to the OTCQB® Venture Market.
AAP will conduct independent audits of Lelantos Holdings’ financial statements in accordance with the standards of the Public Company Accounting Oversight Board (PCAOB), supporting the Company’s efforts to enhance transparency, strengthen internal controls, and align with the more rigorous reporting and governance requirements of the OTCQB market.
Founded in 1981, Aloba, Awomolo & Partners is a professional chartered accounting firm providing audit, tax, and financial advisory services to businesses across a range of industries. The firm combines more than four decades of experience with a client-focused approach, offering tailored solutions designed to support compliance, financial integrity, and sustainable growth. AAP’s audit practice includes comprehensive external audit services performed under International Financial Reporting Standards (IFRS) and PCAOB standards.
“Our decision to engage Aloba, Awomolo & Partners marks a key milestone in Lelantos Holdings’ evolution as a public company,” said Joshua Weaver, Chief Operating Officer of Lelantos Holdings. “Their depth of experience in PCAOB-standard audits and their long-standing reputation for quality and integrity make them an ideal partner as we work to elevate our reporting practices and pursue an uplisting to OTCQB. This engagement reflects our commitment to institutional-grade governance, enhanced transparency for our shareholders, and building a strong foundation for long-term growth.”
The Company believes that a successful uplist to OTCQB has the potential to improve trading liquidity, broaden its investor base, and increase visibility within the capital markets, while the engagement of an experienced PCAOB-approved auditor further supports these objectives.
About Aloba, Awomolo & Partners (AAP)
Aloba, Awomolo & Partners (AAP) is a leading chartered accounting firm established in 1981, offering a full suite of services including external audit, tax advisory, financial advisory, and other professional services. With a strong focus on compliance, quality, and client service, AAP supports organizations in navigating complex financial and regulatory environments, providing independent assurance and strategic insight to help drive operational excellence and long-term value.
AAP website: https://www.alobaawomolo.org/
About Lelantos Holdings
Founded in the spirit of “Solution Hunting,” Lelantos Holdings' innovative business structure is purpose-built to acquire or joint venture with established entities in strategic market sectors. With a focus on sustainable energy, Lelantos Holdings has a mission of being at the forefront of innovation in a dynamic industry, and the goal of operating as a vertically integrated entity to reduce overhead and increase service offerings. Their management team is dedicated to fostering innovation and advancing technological developments.
Lelantos Holdings website: www.Lelantosholdings.io
About Lelantos Energy
INNOVATIVE. STRATEGIC. SOLUTION ORIENTED.
Lelantos Energy offers a forward-thinking solution and a comprehensive approach to adapt to the dynamic landscape of commercial solar, residential solar, microgrid design, energy storage architecture, and EV supercharging. The company has strategically joined forces with experienced and leading industry professionals as well as dedicated lending resources to create a model that will seek to manage project risks, pursue favorable returns (though no guarantees can be made) and support the Company’s efforts to enhance the deployment of renewable energy projects.
Lelantos Energy website: www.LNTO.Energy
FORWARD-LOOKING INFORMATION
Certain information set forth in this press release contains "forward-looking information," including "future-oriented financial information" and "financial outlook," within the meaning of applicable securities laws (collectively referred to herein as forward-looking statements). Except for statements of historical fact, the information contained herein constitutes forward-looking statements and includes, but is not limited to, the (i) projected financial performance of the Company; (ii) completion of, and the use of proceeds from, the sale of the shares being offered hereunder; (iii) the expected development of the Company's business, projects and joint ventures; (iv) execution of the Company's vision and growth strategy, including with respect to future M&A activity and global growth; (v) sources and availability of third-party financing for the Company's projects; (vi) completion of the Company's projects that are currently underway, in development or otherwise under consideration; (vii) renewal of the Company's current customer, supplier and other material agreements; and (viii) future liquidity, working capital and capital requirements. Forward-looking statements are provided to allow potential investors the opportunity to understand management's beliefs and opinions in respect to the future so they may use such beliefs and opinions as one factor in evaluating an investment. These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or results expressed or implied by such forward-looking statements. Although forward-looking statements contained in this presentation are based upon what management of the Company believes are reasonable assumptions, there can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances or management's estimates or opinions should change, except as required by applicable securities laws. The reader is cautioned not to place undue reliance on forward-looking statements. The United States Securities and Exchange Commission ("SEC") has provided guidance to issuers regarding the use of social media to disclose material nonpublic information. In this regard, investors and others should note that we announce material financial information on our company website, www.LelantosHoldings.io, in addition to SEC filings, press releases, public conference calls and webcasts. We also use social media to communicate with the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC's guidance, we encourage investors, the media and others interested in our company to review the information we post on the Company website.
CONTACT INFORMATION
Lelantos Holdings, Inc.
info@Lelantos.Group
Wire Service Contact:
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com
FAQ
What did Lelantos Holdings (LNTO) announce on December 5, 2025?
Why is LNTO hiring a PCAOB‑approved auditor for OTCQB uplisting?
How does the AAP engagement affect LNTO shareholders?
Who is Aloba, Awomolo & Partners and what standards will they use for LNTO audits?
Does the December 5, 2025 announcement confirm LNTO will uplist to OTCQB?
What are the next steps for LNTO after engaging the auditor?
