[8-K] Mag Magna Corp Reports Material Event

Rhea-AI Filing Summary

Mag Magna Corp. reported a change in its independent registered public accounting firm. On November 14, 2025, Mac Accounting Group & CPAs, LLP resigned as the company’s auditor, after having served for the fiscal years ended April 30, 2025 and 2024 and reviewing the quarter ended July 31, 2025. The company states there were no disagreements with Mac Accounting Group on accounting principles, financial statement disclosures, or audit procedures, and no reportable events as defined under SEC rules.

On December 2, 2025, the company appointed Boladale Lawal & Co. as its new independent registered public accounting firm. Mag Magna Corp. indicates it did not previously consult Lawal & Co. on specific accounting treatments, potential audit opinions, or matters involving disagreements or reportable events. A confirming letter from Mac Accounting Group agreeing with the company’s description of the circumstances is included as an exhibit.

Insights

Equity research analyst – governance & reporting

Mag Magna changes auditors with no reported disputes or problem events.

Mag Magna Corp. announced that Mac Accounting Group resigned as auditor and that Boladale Lawal & Co. has been appointed as the new independent registered public accounting firm. Auditor transitions can matter because they affect who reviews the company’s financial reporting and internal controls.

The company states there were no disagreements with Mac Accounting Group on accounting principles, disclosure, or audit scope, and that there were no reportable events under Item 304 of Regulation S-K. It also notes that it had not consulted Lawal & Co. on specific accounting issues or potential audit opinions before the appointment.

This points to an administrative change in audit provider rather than a disclosed breakdown over accounting matters. Future periodic reports reviewed or audited by Lawal & Co. will reflect the new firm’s work and may provide more insight into how the transition affects the company’s financial reporting over time.

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.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C.

 _____________________

FORM 8-K

_____________________

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): December 29, 2025 (November 14, 2025)

Mag Magna Corp.

(Exact name of registrant as specified in its charter)

333-268561		98-1626237
(Commission File Number)		(IRS Employer Identification Number)

4005 West Reno Avenue, Suite F Las Vegas, Nevada 89118		Wyoming
(Address of Principal Executive Offices)		(State or other jurisdiction of incorporation or organization)

702-595-2247

(Registrant’s telephone number, including area code)

Room 2318, Anxiaowo Apartment, Huaqiang Square,

Fuhai Sub-District, Bao’an District,

Shenzhen City, Guangdong Province, China, 518000

(Former name or former address, if changed since last report)

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)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
None		N/A		N/A

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company [X]

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.

(a) Former Independent Registered Public Accounting Firm. On November 14, 2025, Mac Accounting Group & CPAs, LLP (“Mac Accounting Group”), resigned as the independent registered public accounting firm of Mag Magna Corp., a Wyoming corporation (the “Company”), effective immediately. The Company has authorized Mac Accounting Group to respond fully to the inquiries of Boladale Lawal & Co., the successor auditors.

Mac Accounting Group served as the Company’s independent registered public accounting firm for the fiscal years ended April 30, 2025 and 2024, and the interim period ended July 31, 2025. Mac Accounting Group reviewed the Company’s quarterly report for the period ended July 31, 2025.

During the Company’s most recent fiscal year ended April 30, 2025, and the subsequent interim period through November 14, 2025: (i) there were no disagreements between the Company and Mac Accounting Group on any matters of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Mac Accounting Group, would have caused it to make reference to the subject matter of the disagreements in connection with its report on the Company’s financial statements; and (ii) there were no “reportable events” (as described in Item 304(a)(1)(v) of Regulation S-K).

The Company has provided Mac Accounting Group with the disclosures under this Item 4.01(a) and has requested and received from Mac Accounting Group a copy of the letter addressed to the Securities and Exchange Commission stating that Mac Accounting Group agrees with the above statements. A copy of the letter from Mac Accounting Group is attached as Exhibit 16.1 to this Current Report on Form 8-K.

(b) New Independent Registered Public Accounting Firm. On December 2, 2025, the Company appointed Boladale Lawal & Co. (“Lawal & Co.”) as the Company’s new independent registered public accounting firm, effective immediately. During the Company’s two most recent fiscal years ended April 30, 2025 and 2024, and the subsequent interim period through November 14, 2025, neither the Company nor anyone acting on behalf of the Company had consulted Lawal & Co. regarding either: (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the Company’s financial statements, nor did Lawal & Co. provide a written report or oral advice to the Company that Lawal & Co. concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issues; or (ii) any matter that was either the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as described in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Financial Statements and Exhibits.

(d)       Exhibits.

Exhibit No.		Description
16.1*		Letter from Mac Accounting Group & CPAs, LLP to the Securities and Exchange Commission, dated December 15, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL Document).
* Filed herewith

SIGNATURES

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.

				MAG MAGNA CORP.
Date: December 29, 2025				By:		/s/ Harpreet Sangha
						Harpreet Sangha
						Chief Executive Officer

FAQ

What auditor change did Mag Magna Corp. (MGNC) disclose?

Mag Magna Corp. reported that Mac Accounting Group & CPAs, LLP resigned as its independent registered public accounting firm on November 14, 2025, and that it appointed Boladale Lawal & Co. as the new auditor effective December 2, 2025.

Were there any disagreements between Mag Magna Corp. (MGNC) and Mac Accounting Group?

The company states that during the fiscal year ended April 30, 2025 and the subsequent interim period through November 14, 2025, there were no disagreements with Mac Accounting Group on accounting principles, financial statement disclosure, or auditing scope or procedure.

Did Mag Magna Corp. (MGNC) report any reportable events with its former auditor?

No. Mag Magna Corp. reports there were no reportable events as described in Item 304(a)(1)(v) of Regulation S-K during the relevant periods while Mac Accounting Group served as auditor.

Did Mag Magna Corp. (MGNC) previously consult Boladale Lawal & Co. before appointing them auditor?

The company states that during its two most recent fiscal years and the subsequent interim period, it did not consult Boladale Lawal & Co. on the application of accounting principles, potential audit opinions, or any matters involving disagreements or reportable events.

What confirmation did Mac Accounting Group provide regarding Mag Magna Corp. (MGNC)?

Mag Magna Corp. reports that Mac Accounting Group received the company’s disclosure and provided a letter to the SEC stating that it agrees with the company’s description of the circumstances of the auditor change, and that this letter is filed as Exhibit 16.1.

For which periods did Mac Accounting Group audit Mag Magna Corp. (MGNC)?

Mac Accounting Group served as Mag Magna Corp.’s independent registered public accounting firm for the fiscal years ended April 30, 2025 and 2024, and reviewed the company’s quarterly report for the period ended July 31, 2025.