Mobiquity Technologies (MOBQ) replaces auditor after 2025 going-concern paragraph

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Mobiquity Technologies, Inc. reported that on June 18, 2026 it mutually agreed with Stephano Slack LLC to end Stephano’s role as its independent registered public accounting firm. Stephano’s audit report on the year ended December 31, 2025 included an explanatory paragraph expressing substantial doubt about Mobiquity’s ability to continue as a going concern, but it was otherwise unqualified and there were no disagreements on accounting matters.

On the same date, Mobiquity engaged M&K, CPA’s LLC as its new independent registered public accounting firm for the fiscal year ending December 31, 2026, citing M&K’s experience with emerging growth and micro‑cap public companies and capital markets initiatives.

Positive

None.

Negative

Audited 2025 financial statements include a going-concern paragraph from the prior auditor, indicating substantial doubt about Mobiquity Technologies, Inc.’s ability to continue as a going concern absent changes in its financial condition.

Insights

Auditor change follows a going-concern paragraph, raising financial risk focus.

Mobiquity ended its engagement with Stephano Slack and appointed M&K, CPA’s as the new independent auditor for the 2026 fiscal year. The company emphasizes M&K’s experience with emerging growth and micro‑cap issuers and capital markets work, including potential uplisting preparation.

Stephano’s most recent audit report on the 2025 financials was clean on accounting principles and scope but contained a going‑concern explanatory paragraph. That language signals substantial doubt about the company’s ability to continue operating without additional support, which is a material financial risk factor.

The filing notes there were no disagreements with Stephano on accounting matters, and that the only reportable event was the going‑concern paragraph itself. Future audited results by M&K will be important to see whether going‑concern language persists or if the risk profile changes.

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 Terms

independent registered public accounting firm, going concern, reportable event, emerging growth company, +1 more

5 terms

independent registered public accounting firm financial

"terminate services of Slack as the role as independent registered public accounting form for the Company"

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

"contained an explanatory paragraph expressing substantial doubt about 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.

reportable event regulatory

"there was a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K)"

emerging growth company regulatory

"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.

Item 304(a)(1)(iv) of Regulation S-K regulatory

"no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions)"

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Understanding 8-K Material Events →

Available on EDGAR 06/24/2026 - 05:00 PM Accepted by SEC EDGAR 06/24/2026 - 05:00 PM

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

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): June 24, 2026 (June 18, 2026)

MOBIQUITY TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in Its Charter)

New York

001-41117

11-3427886

(State or Other Jurisdiction of

Incorporation or Organization)

(Commission File Number)

(IRS Employer Identification No.)

35 Torrington Lane

Shoreham, New York

11786

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (516) 246-9422

(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 (see General Instruction A.2. below):

☐	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: None

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

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.

On June 18, 2026, Stephano Slack LLC (“Slack”) and Mobiquity Technologies, Inc. (the “Company”) mutually agreed to terminate services of Slack as the role as independent registered public accounting form for the Company.

The reports of Stephano on the Company’s consolidated financial statements for the fiscal year ended December 31, 2025 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to accounting principles or audit scope. Stephano’s report on the Company’s consolidated financial statements for the fiscal year ended December 31, 2025 contained an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern.

During the fiscal year ended December 31, 2025 and the subsequent interim period through the date of dismissal, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Stephano on any matter of accounting principles or practices.

During the fiscal year ended December 31, 2025 and the subsequent interim period through the date of dismissal, there was a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K). Specifically, Stephano’s report on the Company’s consolidated financial statements for the fiscal year ended December 31, 2025 contained an explanatory paragraph expressing substantial doubt about the Company’s ability to continue as a going concern. Except for the foregoing, there were no reportable events (as defined in Item 304(a)(1)(v) of Regulation S-K).

The Company provided Slack with a copy of the above disclosures and requested that Slack furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. A copy of Slack’s letter dated June 24, 2026 is filed as Exhibit 16.1 to this Current Report on Form 8-K

Newly Engaged Independent Registered Public Accounting Firm

On June 18, 2026, the Company engaged M&K, CPA’s LLC (“M&K”) as the Company’s new independent registered public accounting firm for the fiscal year ending December 31, 2026. In evaluating the engagement of a successor auditor, the Company considered several factors, including industry experience, public company audit capabilities, responsiveness, anticipated cost efficiencies, and experience assisting emerging growth and micro-cap public companies with capital markets initiatives, including preparation for potential national exchange uplisting requirements. The Company believes M&K's qualifications and experience are well aligned with its current stage of growth and strategic objectives.

During the Company’s fiscal year ended December 31, 2025 and the subsequent interim period through June 18, 2026, neither the Company nor anyone on its behalf has consulted with M&K regarding (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, and neither a written report nor oral advice was provided to the Company that M&K concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing, or financial reporting issue, (ii) any matter that was the subject of a disagreement within the meaning of Item 304(a)(1)(iv) of Regulation S-K, or (iii) any reportable event within the meaning of Item 304(a)(1)(v) of Regulation S-K.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits – The following exhibits are filed as part of this report:

Exhibit No.	Description of Exhibit

16.1	Letter from Slack addressed to the Securities and Exchange Commission dated June 24, 2026
104	Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

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

Dated: June 24, 2026	MOBIQUITY TECHNOLOGIES, INC.


	By:   /s/ Dean L. Julia
	Dean L. Julia, Chief Executive Officer

Source: View Original Filing on SEC EDGAR

FAQ

What auditor change did Mobiquity Technologies (MOBQ) disclose?

Mobiquity Technologies disclosed that on June 18, 2026 it mutually ended its engagement with Stephano Slack LLC as independent registered public accounting firm and, on the same date, appointed M&K, CPA’s LLC as its new independent registered public accounting firm for the 2026 fiscal year.

Did Mobiquity Technologies’ prior auditor issue a going-concern warning?

Yes. Stephano Slack’s report on Mobiquity Technologies’ consolidated financial statements for the fiscal year ended December 31, 2025 included an explanatory paragraph expressing substantial doubt about the company’s ability to continue as a going concern, even though the opinion was otherwise unqualified on accounting and audit scope.

Were there any disagreements between Mobiquity Technologies (MOBQ) and its former auditor?

The company states that during the fiscal year ended December 31, 2025 and through the dismissal date there were no disagreements with Stephano Slack on accounting principles, practices, financial statement disclosure, or auditing scope or procedures, as defined under Item 304(a)(1)(iv) of Regulation S‑K.

What reportable event did Mobiquity Technologies identify in this 8-K?

Mobiquity identified a reportable event under Item 304(a)(1)(v) of Regulation S‑K: the explanatory paragraph in Stephano Slack’s report on the 2025 financial statements expressing substantial doubt about the company’s ability to continue as a going concern. The company reports no other reportable events during that period.

Why did Mobiquity Technologies select M&K, CPA’s LLC as its new auditor?

Mobiquity cites M&K’s industry experience, public company audit capabilities, responsiveness, anticipated cost efficiencies, and experience with emerging growth and micro‑cap companies, including capital markets initiatives and preparation for potential national exchange uplisting requirements, as reasons for choosing M&K as its new independent auditor.

Did Mobiquity Technologies consult M&K on accounting issues before engagement?

The company states that during the 2025 fiscal year and through June 18, 2026, neither it nor anyone on its behalf consulted M&K on specific accounting applications, potential audit opinions, disagreements, or reportable events that influenced decisions on accounting, auditing, or financial reporting matters.

Filing Exhibits & Attachments

4 documents