Every 8-K that GROOVY COMPANY INC (GROO) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow GROO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GROO filings page.
Groovy Company, Inc. filed an amended report describing major auditor and capital-structure changes plus several late disclosures. The board dismissed Olayinka Oyebola & Co. on August 13, 2025 after the SEC suspended the firm and its managing partner from practicing before the Commission and a federal court entered final consent judgments with injunctions and civil penalties of $100,000 each. Groovy then operated without an independent registered public accounting firm until May 10, 2026, while filing multiple 10-Qs and the 2025 10-K on an unaudited, management-only basis. On May 10, 2026 the company engaged Boladale Lawal & Co. to re‑audit 2024 and audit 2025 for a fixed audit fee of $30,000 per year (total $60,000). The filing also notes the May 1, 2026 departures of the Chief Legal Officer and a vice president, both stated as not due to disagreements, and an April 14, 2026 amendment cutting authorized common stock from 20,000,000,000 to 100,000,000 shares while authorizing 1,700,000,000 preferred shares across three series. The company acknowledges that several of these disclosures are delinquent relative to SEC 8‑K timing requirements and states it has not concluded that prior audited financial statements should no longer be relied upon.
Groovy Company, Inc. filed an amended current report to formally rescind and withdraw a prior report submitted on May 13, 2026. The Board determined that additional review is needed of the disclosures, exhibits, actions, and conclusions contained in that earlier report.
The company states that investors and other readers should not rely on any part of the prior report, including sections on its certifying accountant, officer and director matters, and corporate governance, until information is reaffirmed or replaced in future SEC filings. Groovy Company also reverts its principal executive office address to 12 Daniel Road, Fairfield, New Jersey 07004 while the Board conducts an ongoing internal review.
Groovy Company, Inc. disclosed multiple governance and accounting changes. The board dismissed its former independent auditor, Olayinka Oyebola & Co., on August 13, 2025 after the SEC, pursuant to Rule 102(e), suspended the firm and its managing partner from practicing before the Commission and final consent judgments imposed civil penalties of $100,000 each. The former auditor’s reports on 2023 and 2024 contained going concern language but no other qualifications, and the company reports no disagreements or reportable events under Regulation S-K.
From August 13, 2025 until engaging Boladale Lawal & Co. on May 10, 2026, the company had no independent registered public accounting firm; during this period it filed several unaudited Form 10-Qs and an unaudited Form 10-K for 2025 prepared solely by management. The new auditor will re-audit 2024 and audit 2025 under a $30,000-per-year engagement. Separately, effective May 1, 2026, CEO and director Berj Abajian, Chief Legal Officer Jeffrey D. Turner, and Vice President John Morgan departed; co-founder and CTO Franjose “Frank” Yglesias became Interim CEO under an existing employment agreement with a $150,000 annual base salary. On April 14, 2026, Articles of Amendment cut authorized common stock from 20,000,000,000 to 100,000,000 shares and restructured 1,700,000,000 authorized preferred shares across three series, leaving 1,800,000,000 total authorized shares. The company also relocated its principal executive offices to Atlanta, Georgia.