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ZenaTech appoints Mercurius & Associates LLP auditor

Bansal’s reports on ZenaTech’s 2024 and 2025 consolidated financial statements contained no adverse or disclaimed opinions.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

ZenaTech, Inc. said its board, acting on the Audit Committee’s recommendation, approved Bansal & Co. LLP’s dismissal and Mercurius & Associates LLP’s engagement as independent registered public accounting firm, each effective October 23, 2026. Bansal’s engagement did not extend to any period after June 30, 2026.

Bansal’s reports on ZenaTech’s consolidated financial statements for the years ended December 31, 2025 and 2024 contained no adverse opinion or disclaimer and were not qualified or modified as to uncertainty, audit scope, or accounting principles. ZenaTech reported no disagreements on accounting principles or practices, financial-statement disclosure, or audit scope or procedure that, if unresolved to Bansal’s satisfaction, would have caused Bansal to refer to the matter in its reports. It also reported no reportable events during those years and the subsequent interim period through October 23, 2026, and said neither it nor anyone on its behalf consulted Mercurius regarding the specified accounting matters.

Auditor change effective date October 23, 2026 Effective date for the approved dismissal of Bansal and engagement of Mercurius
Bansal engagement period June 30, 2026 Bansal’s engagement did not extend to any period after this date
Years covered by Bansal’s reports Years ended December 31, 2025 and December 31, 2024 ZenaTech’s consolidated financial statements
independent registered public accounting firm technical
"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.
adverse opinion technical
"did not contain an adverse opinion"
An adverse opinion is an auditor’s formal conclusion that a company’s financial statements contain serious errors or omissions and therefore cannot be relied upon as a true picture of the business. For investors it’s a major red flag—like a mechanic saying a car is unsafe—because it signals heightened risk of fraud, restatements, regulatory trouble or loss of access to capital, any of which can sharply affect share value.
reportable events regulatory
"there were no reportable events"
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.

FAQ

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

Who is ZENA’s new auditor, and when did the change take effect?

Mercurius & Associates LLP became ZenaTech’s independent registered public accounting firm effective October 23, 2026, following the board’s approval of its engagement and Bansal & Co. LLP’s dismissal. Bansal’s engagement did not extend to any period after June 30, 2026.

Did ZENA report disagreements with Bansal?

ZenaTech reported no disagreements on accounting principles or practices, financial-statement disclosure, or audit scope or procedure that, if unresolved to Bansal’s satisfaction, would have caused Bansal to refer to the matter in its reports. It also reported no reportable events during the years ended December 31, 2025 and 2024 and the subsequent interim period through October 23, 2026.

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 6-K

REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of October 2026

Commission File Number 001-41852

 

ZENATECH, INC.
(Translation of registrant’s name into English)

777 Hornby Street, Suite 1460
Vancouver, British Columbia Canada V6Z 1S4
(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

⌧ Form 20-F ☐ Form 40-F




Change in Registrant's Certifying Accountant

The Board of Directors of ZenaTech, Inc. (the "Company"), upon the recommendation of the Audit Committee, has approved the dismissal of Bansal & Co. LLP ("Bansal") as the Company's independent registered public accounting firm and the engagement Mercurius & Associates LLP as its independent registered public accounting firm, each effective October 23, 2026. Bansal's engagement did not extend to any period after June 30, 2026.

Bansal's reports on the Company's consolidated financial statements for the years ended December 31, 2025 and 2024 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the years ended December 31, 2025 and 2024 and the subsequent interim period through October 23, 2026, (i) there were no disagreements with Bansal, as described in Item 16F(a)(1)(iv) of Form 20-F, on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure which, if not resolved to Bansal's satisfaction, would have caused Bansal to make reference to the subject matter of the disagreement in its reports; (ii) there were no reportable events as described in Item 16F(a)(1)(v) of Form 20-F; and (iii) neither the Company nor anyone on its behalf consulted Mercurius regarding any of the matters described in Item 16F(a)(2) of Form 20-F.

The Company provided Bansal with a copy of the above disclosure and requested that Bansal furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made above. A copy of Bansal's letter is furnished as Exhibit 16.1 to this report.




EXHIBIT INDEX

Exhibit

Description

16.1

Letter of Bansal & Co. LLP dated October 27, 2026




INCORPORATION BY REFERENCE

The information contained in Exhibit 99.4 to this Report on Form 6-K is hereby incorporated by reference into the registrant’s Registration Statement on Form F-3 (File No. 333-293356), as amended, and shall be deemed to be a part thereof from the date on which this report is submitted, to the extent not superseded by documents or reports subsequently filed or furnished

 

SIGNATURE

 

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, thereunto duly authorized.

 

Date: October 27, 2026

 

ZENATECH, INC.

 

By:/s/ Shaun Passley, Ph.D 

Name: Shaun Passley, Ph.D 

Title: Chief Executive Officer 


Filing Exhibits & Attachments

1 document

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