Greenway Technologies (OTC: GWTI) replaces Assurance Dimensions with Stephano Slack as auditor
Rhea-AI Filing Summary
Greenway Technologies, Inc. reported a change in its independent accounting firm. Assurance Dimensions, LLC, which audited the company’s financial statements for the years ended December 31, 2024 and 2023, resigned as the company’s auditor.
The company states there were no disagreements with Assurance Dimensions, LLC on accounting principles, financial statement disclosure, or audit procedures, and no reportable events as defined in Item 304(a)(1)(v) of Regulation S‑K. Greenway Technologies has selected Stephano Slack, LLC as its new accounting firm and notes it did not previously consult with Stephano Slack, LLC on accounting or auditing matters before this selection.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 4.01, 9.01
2 items
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.
Key Figures
Audit years covered: Years ended December 31, 2024 and 2023
Letter date from prior auditor: April 18, 2025
Report signature date: April 17, 2026
3 metrics
Audit years covered
Years ended December 31, 2024 and 2023
Periods audited by Assurance Dimensions, LLC
Letter date from prior auditor
April 18, 2025
Assurance Dimensions, LLC confirmation letter filed as Exhibit 16.1
Report signature date
April 17, 2026
Date the 8-K was signed by the Chief Financial Officer
Key Terms
Emerging growth company, reportable events, Item 304(a)(1)(v) of Regulation S-K, disagreements, +1 more
5 terms
Emerging growth company regulatory
"405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
reportable events regulatory
"there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K."
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
Item 304(a)(1)(v) of Regulation S-K regulatory
"there were no reportable events, as defined in Item 304(a)(1)(v) of Regulation S-K."
disagreements financial
"there were no disagreements between the Company and Assurance Dimensions, LLC on any matter of accounting principles or practices"
audit opinion financial
"would have caused Assurance Dimensions, LLC to make reference in connection with its opinion to the subject matter of the disagreement"
An audit opinion is a professional accountant’s conclusion about whether a company’s financial statements are accurate and free of major errors, similar to a report card on the company’s books. Investors use it to judge how much they can trust reported revenue, profits and liabilities — a clean opinion boosts confidence like a healthy check-up, while a qualified or adverse opinion raises red flags about potential problems or undisclosed risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Greenway Technologies (GWTI) announce in this 8-K filing?
Greenway Technologies announced a change in its independent accounting firm. Assurance Dimensions, LLC resigned as auditor, and the company selected Stephano Slack, LLC as its new accounting firm, with no reported disagreements or reportable events under Item 304 of Regulation S-K.
Were there any accounting disagreements between GWTI and Assurance Dimensions, LLC?
The company states there were no disagreements with Assurance Dimensions, LLC. This covers accounting principles, financial statement disclosure, or auditing scope or procedures, and no issues that would have required mention in the audit opinions for 2024 or 2023.
Did Assurance Dimensions, LLC issue any adverse opinions on GWTI’s financial statements?
Assurance Dimensions, LLC’s reports for the years ended December 31, 2024 and 2023 did not contain adverse opinions or disclaimers. They were also not qualified or modified regarding uncertainty, audit scope, or accounting principles, according to Greenway Technologies’ disclosure.
How did Assurance Dimensions, LLC respond to GWTI’s disclosure about its resignation?
Greenway Technologies provided Assurance Dimensions, LLC with the disclosure and requested a response letter. The auditor’s letter dated April 18, 2025, filed as Exhibit 16.1, states that Assurance Dimensions, LLC agrees with the company’s statements regarding the circumstances of its resignation.
Did GWTI consult Stephano Slack, LLC before appointing it as auditor?
The company reports that during the two most recent fiscal years and up to the selection date, it did not consult Stephano Slack, LLC on specific accounting transactions, potential audit opinions, or any matters involving disagreements or reportable events as defined under Item 304 of Regulation S-K.
Which periods did Assurance Dimensions, LLC audit for Greenway Technologies (GWTI)?
Assurance Dimensions, LLC audited Greenway Technologies’ financial statements for the years ended December 31, 2024 and 2023. Their reports on these periods did not include adverse opinions, disclaimers, or qualifications related to uncertainty, audit scope, or accounting principles, as disclosed.