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  4. [8-K] SATIVUS TECH CORP. Reports Material Event

Sativus Tech names new independent auditor

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

Rhea-AI Filing Summary

Sativus Tech Corp. replaced Elkana Amitai, CPA as its independent registered public accounting firm, effective July 1, 2026, and engaged Vilki & Co as the new independent registered public accounting firm for the quarter ended March 31, 2026 and subsequent periods. The Board made this decision under delegated authority, and the Board of Directors approved it on July 1, 2026.

For the fiscal years ended December 31, 2024 and 2025, and the interim period including the quarter ended March 31, 2026 through the date of the report, the company reports no disagreements with Elkana Amitai, CPA on accounting principles, disclosure, or audit scope, and no “reportable events” under Item 304(a)(1)(v) of Regulation S‑K. A confirming letter from the former firm is filed as Exhibit 16.1, with the cover page Inline XBRL data filed as Exhibit 104.

Positive

  • None.

Negative

  • None.
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, or exhibit attachments filed with this report.
Auditor change effective date July 1, 2026 Effective date of replacing Elkana Amitai, CPA with Vilki & Co as independent auditor
Fiscal years without disagreements 2024 and 2025 Company reports no disagreements with Elkana Amitai, CPA for these fiscal years
independent registered public accounting firm regulatory
"has replaced Elkana Amitai, CPA 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.
reportable events regulatory
"there were no “reportable events” (as that term is defined in Item 304(a)(1)(v)"
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
"no “reportable events” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K"
Inline XBRL technical
"Cover Page Interactive Date File - the cover page XBRL tags are embedded within the Inline XBRL document"
Inline XBRL is a file format for financial filings that embeds machine-readable data tags directly inside the human-readable report, so the same document can be read by people and parsed by software. For investors it makes extracting, comparing and verifying financial numbers faster and more reliable—like a grocery list where each item also has a barcode—reducing manual errors and speeding up analysis.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What auditor change did SATT disclose in its latest 8-K?
Sativus Tech Corp. replaced Elkana Amitai, CPA with Vilki & Co as its independent registered public accounting firm, effective July 1, 2026. The new firm serves for the quarter ended March 31, 2026 and subsequent periods described in the report.

Who is the new independent registered public accounting firm for SATT?
The new independent registered public accounting firm is Vilki & Co, based in Surat, Gujarat, India. It was engaged effective for the quarter ended March 31, 2026 and going forward as described, with Board approval on July 1, 2026.

Did SATT report any disagreements with its former auditor Elkana Amitai, CPA?
Sativus Tech Corp. reported no disagreements with Elkana Amitai, CPA on accounting principles, disclosure, or audit scope. This applies to fiscal years ended December 31, 2024 and 2025, and the interim period including the quarter ended March 31, 2026 through the report date.

Were there any reportable events under Regulation S-K Item 304 for SATT?
The company stated there were no “reportable events” as defined in Item 304(a)(1)(v) of Regulation S‑K. This covers the fiscal years 2024 and 2025 and the subsequent interim period through the filing of the current report.

What exhibits did SATT file with this 8-K about its auditor change?
Sativus Tech Corp. filed Exhibit 16.1, a letter from Elkana Amitai, CPA to the SEC, and Exhibit 104, the cover page Interactive Data File with Inline XBRL tags embedded in the document.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

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

 

Date of Report (Date of earliest event reported):

July 1, 2026

 

SATIVUS TECH CORP.

(Exact name of registrant as specified in its charter)

 

Delaware 333-208814 47-2847446
(State of incorporation) (Commission File Number) (IRS Employer No.)

 

 #3 Bethesda Metro Center, #700

Bethesda, MD 20814

(Address of principal executive offices and Zip Code)

 

800 608-6432

(Registrant's telephone number, including area code)

 

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 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

 

Sativus Tech Corp. (the “Company”) has replaced Elkana Amitai, CPA (the “Former Accounting Firm”) as its independent registered public accounting firm, effective as of July 1st, 2026, and has engaged Vilki & Co, UG 1 & 2 Luxor Palace, Nanpura, Surat, Gujarat, India (the “New Accounting Firm”) as its new independent registered public accounting firm as of and for the Quarter March 31st, 2026 and until today.  As described in Item 4.01(a) below, the change in independent registered public accounting firm is not the result of any disagreement with the Former Accounting Firm. The Board made the decision to engage the New Accounting Firm acting under authority delegated to it and the Board of Directors approved the same on July 1st, 2026.

 

During the fiscal years ended December 31st, 2024 and 2025, and the subsequent interim period including the Quarterly Report for the period ending March 31st, 2026, and through the filing of this 8K, (i) there were no disagreements with Elkana Amitai, CPA on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements if not resolved to the satisfaction of Elkana Amitai, CPA would have caused Elkana Amitai, CPA to make reference thereto in their reports for such fiscal years and (ii) there were no “reportable events” (as that term is defined in Item 304(a)(1)(v) of Regulation S-K.

 

 The Company has requested that the Former Accounting Firm furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statement. A copy of the letter from the Former Accounting Firm is attached hereto as Exhibit 16.1 to this Form 8-K

 

Item 9.01 Exhibits

 

   (d) Exhibits.

 

16.1Letter from Elkana Amitai, CPA
104Cover Page Interactive Date File - the cover page XBRL tags are embedded within the Inline XBRL document.

 

 

 

 

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.

 

Date: July 20th, 2026

 

 

SATIVUS TECH CORP.

 

/s/ Michael Oster

By: Michael Oster, CEO

 

 

 

 

 2 

 

Source: View Original Filing on SEC EDGAR

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