United States Antimony (NYSE: UAMY) moves audit engagement to Sadler Gibb
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
United States Antimony Corporation reported a change in its outside auditor driven by a firm acquisition. On June 3, 2026, Assure CPA, LLC was acquired by Sadler Gibb & Associates, LLC, and Assure effectively resigned as the company’s independent registered public accounting firm.
The Audit Committee and full Board approved engaging Sadler Gibb as the new independent registered public accounting firm for the fiscal year ending December 31, 2026. Assure’s audit reports on the 2025 and 2024 financial statements contained no adverse opinions, disclaimers, or qualifications.
The company states there were no disagreements or reportable events with Assure through June 3, 2026. The lead engagement partner and professional staff who handled prior audits have moved to Sadler Gibb, providing continuity for future audits.
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
Assure resignation date: June 3, 2026
Sadler Gibb engagement approval date: June 5, 2026
Fiscal years audited by Assure: 2025 and 2024
+2 more
5 metrics
Assure resignation date
June 3, 2026
Date Assure effectively resigned and ceased serving as auditor
Sadler Gibb engagement approval date
June 5, 2026
Date Audit Committee and Board approved new auditor
Fiscal years audited by Assure
2025 and 2024
Years for which Assure issued audit reports without adverse opinions
Upcoming audit year
Fiscal year ending December 31, 2026
Year for which Sadler Gibb is engaged as auditor
Exhibit 16.1 date
June 5, 2026
Date of Assure’s letter filed as Exhibit 16.1
Key Terms
independent registered public accounting firm, reportable events, Item 304(a)(1)(iv) of Regulation S-K, Audit Committee, +1 more
5 terms
independent registered public accounting firm financial
"Assure served as the independent registered public accounting firm of United States Antimony Corporation"
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 (ii) no “reportable events” within the meaning of 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)(iv) of Regulation S-K regulatory
"no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions)"
Audit Committee financial
"The decision to change the Company’s independent registered public accounting firm was approved by the Audit Committee of the Board of Directors"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
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.
FAQ
What change in auditor did United States Antimony (UAMY) disclose?
United States Antimony changed its independent auditor after Assure CPA, LLC was acquired by Sadler Gibb & Associates, LLC. Assure effectively resigned on June 3, 2026, and Sadler Gibb was engaged as the new independent registered public accounting firm for the fiscal year ending December 31, 2026.
Why did UAMY replace Assure CPA, LLC with Sadler Gibb?
The change resulted from a transaction in which Assure CPA, LLC combined its practice with and was acquired by Sadler Gibb & Associates, LLC. Following this transaction, Assure effectively resigned, and United States Antimony engaged Sadler Gibb as its independent registered public accounting firm, with Board and Audit Committee approval.
Did Assure issue any adverse opinions on UAMY’s 2024 or 2025 financials?
Assure’s audit reports on United States Antimony’s consolidated financial statements for the years ended December 31, 2025 and 2024 did not contain adverse opinions or disclaimers of opinion. They were also not qualified or modified regarding uncertainty, audit scope, or accounting principles, according to the company’s disclosure.
Were there any disagreements between UAMY and Assure CPA, LLC?
The company reports no disagreements with Assure CPA, LLC on accounting principles, financial statement disclosure, or audit scope during 2024, 2025, and through June 3, 2026. It also states there were no reportable events as defined under Item 304(a)(1) of Regulation S-K during that period.
Who will audit UAMY’s 2026 financial statements after the auditor change?
Sadler Gibb & Associates, LLC has been engaged to audit United States Antimony’s financial statements for the fiscal year ending December 31, 2026. The Audit Committee and Board approved this engagement, and the prior lead engagement partner and key audit staff have continued with Sadler Gibb for continuity.
Did UAMY provide Assure’s response to the disclosed auditor change?
United States Antimony requested that Assure CPA, LLC provide a letter to the SEC stating whether it agrees with the company’s Item 4.01 statements. This letter, dated June 5, 2026, is included as Exhibit 16.1 to the Form 8-K, giving Assure’s formal response to the disclosure.