STOCK TITAN

Crown Equity Holdings (CRWE) names Vilki & Co. auditor as going concern flagged

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Crown Equity Holdings, Inc. has appointed Vilki & Co. as its new independent registered public accounting firm for the fiscal year ending December 31, 2026, replacing L J Soldinger Associates, LLC.

Soldinger’s audit report for the year ended December 31, 2025 included an explanatory paragraph about the company’s ability to continue as a going concern, but it was not an adverse or disclaimed opinion and was not otherwise qualified. The company reports no disagreements or reportable events with Soldinger through April 15, 2026, and states it did not consult Vilki on matters covered by Item 304(a)(2) of Regulation S‑K before the engagement.

Positive

  • None.

Negative

  • The prior auditor’s report for the year ended December 31, 2025 included an explanatory paragraph about Crown Equity Holdings, Inc.’s ability to continue as a going concern, highlighting significant uncertainty around the company’s financial viability.

Insights

Auditor change occurs against a backdrop of prior going concern risk.

Crown Equity Holdings, Inc. is shifting its audit engagement from L J Soldinger Associates to Vilki & Co. for the fiscal year ending December 31, 2026. The board of directors approved this change, and the company states there were no disagreements or reportable events with the outgoing firm.

Soldinger’s most recent audit report for the year ended December 31, 2025 included an explanatory paragraph regarding the company’s ability to continue as a going concern. That going concern emphasis signals existing financial uncertainty, even though the opinion itself was not adverse or disclaimed. The new auditor will have to reassess this risk in future reports.

The company indicates it did not consult Vilki on matters described in Item 304(a)(2) of Regulation S‑K before the engagement, which aligns with standard independence expectations. Subsequent annual and interim financial statements will show how Vilki evaluates liquidity, going concern, and any changes in financial condition relative to the prior auditor’s framing.

Item 4.01 Changes in Registrant's Certifying Accountant Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
New audit engagement year-end December 31, 2026 Fiscal year end covered by Vilki & Co. engagement
Prior audited year-end December 31, 2025 Soldinger’s report included going concern explanatory paragraph
Engagement date April 15, 2026 Date Vilki & Co. was engaged as independent auditor
independent registered public accounting firm financial
"the Company engaged Vilki & Co. (“Vilki”) as its independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
going concern financial
"the report was modified to include an explanatory paragraph regarding the Company’s ability to continue as a going concern"
A going concern is a business that is expected to continue its operations and meet its obligations for the foreseeable future, rather than shutting down or selling off assets. This assumption matters to investors because it indicates stability and ongoing profitability, making the business a more reliable investment. Think of it as believing a restaurant will stay open and serve customers, rather than closing down suddenly.
disagreements regulatory
"there were no “disagreements” (as such term is defined in Item 304 of Regulation S-K)"
reportable events regulatory
"there were no “reportable events” (as such term is defined in Item 304 of Regulation S-K)"
Item 304 of Regulation S-K regulatory
"no “disagreements” (as such term is defined in Item 304 of Regulation S-K)"

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

April 15, 2026

Date of Report (Date of Earliest Event Reported)

 

Commission File No. 000-29935

 

CROWN EQUITY HOLDINGS, INC.

(Exact name of registrant as specified in its charter)

 

Nevada, USA

 

33-0677140

(State of Incorporation or organization)

 

(I.R.S. Employer Identification No.)

 

11226 Pentland Downs, Las Vegas, NV 89141 

(Address of principal executive offices) (Zip code)

 

Company’s telephone number, including area code: (702) 683-8946

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 12b-2 of the Exchange Act.

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

 

 

 

 

ITEM 4.01. CHANGES IN REGISTRANT’S CERTIFYING ACCOUNTANT.

 

Engagement of New Independent Registered Public Accounting Firm

 

On April 15, 2026, (the “Engagement Date”), the Company engaged Vilki & Co. (“Vilki”) as its independent registered public accounting firm for the Company’s fiscal year ending December 31, 2026 to replace L J Soldinger Associates, LLC (“Soldinger”). The decision to engage Vilki as the Company’s independent registered public accounting firm was approved by the Company’s Board of Directors.

 

Soldinger’s report on the Company’s financial statements for the fiscal year ended December 31, 2025 did not contain an adverse opinion or a disclaimer of opinion, nor were such financial statements qualified; however, the report was modified to include an explanatory paragraph regarding the Company’s ability to continue as a going concern.

 

During the fiscal year ended December 31, 2025, and through the interim period ended April 15, 2026, there were no “disagreements” (as such term is defined in Item 304 of Regulation S-K) with Soldinger on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

 

During the fiscal year ended December 31, 2025, and through the interim period ended April 15, 2026, there were no “reportable events” (as such term is defined in Item 304 of Regulation S-K).

 

The Company has provided Soldinger with a copy of this Form 8-K and requested that Soldinger provide the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this report that relate to Soldinger.

 

During the year ended December 31, 2025, and during the subsequent interim period through April 15, 2026, the Company did not consult with Vilki about any of the matters set forth in Item 304(a)(2) of Regulation S-K.

 

ITEM 9.01 Financial Statements and Exhibits.

 

Exhibit Number

 

Description

16.1

 

Letter

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

2

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

CROWN EQUITY HOLDINGS, INC.

 

(Registrant)

 

Date: April 17, 2026

By:

/s/ Mike Zaman

 

Name:

Mike Zaman

 

Title:

CEO and President

 

 

3

 

FAQ

Why did Crown Equity Holdings, Inc. change its independent auditor?

Crown Equity Holdings, Inc. engaged Vilki & Co. as its new independent registered public accounting firm for the fiscal year ending December 31, 2026, replacing L J Soldinger Associates, LLC. The board of directors approved the change and reported no disagreements or reportable events with the former auditor.

Did Crown Equity Holdings, Inc. have disagreements with its former auditor Soldinger?

No. The company states that during the fiscal year ended December 31, 2025 and through April 15, 2026, there were no disagreements with L J Soldinger Associates, LLC on accounting principles, financial statement disclosure, or auditing scope or procedure, as defined in Item 304 of Regulation S‑K.

What did the prior audit report say about Crown Equity Holdings, Inc.’s going concern status?

Soldinger’s report on the financial statements for the year ended December 31, 2025 included an explanatory paragraph regarding Crown Equity Holdings, Inc.’s ability to continue as a going concern. The opinion was not adverse or disclaimed and the financial statements were not otherwise qualified.

Who is Crown Equity Holdings, Inc.’s new independent registered public accounting firm?

Vilki & Co. is the new independent registered public accounting firm for Crown Equity Holdings, Inc. They were engaged on April 15, 2026 for the fiscal year ending December 31, 2026, following approval by the company’s board of directors to replace L J Soldinger Associates, LLC.

Did Crown Equity Holdings, Inc. consult Vilki & Co. before the engagement on accounting issues?

The company states that during the year ended December 31, 2025 and the subsequent interim period through April 15, 2026, it did not consult Vilki & Co. about matters described in Item 304(a)(2) of Regulation S‑K, such as accounting principles or the type of audit opinion that might be issued.

How is Crown Equity Holdings, Inc. involving Soldinger in this auditor change process?

Crown Equity Holdings, Inc. provided L J Soldinger Associates, LLC with a copy of the report describing the auditor change and requested a letter addressed to the Securities and Exchange Commission indicating whether Soldinger agrees with the company’s statements about the firm.

Filing Exhibits & Attachments

6 documents