PREAXIA HEALTH CARE PAYMENT SYSTEMS INC. 8-K

What Happened
Preaxia Health Care Payment Systems Inc. announced on December 23, 2025 that it engaged Sadler Gibb and Associates ("SadlerGibb") to serve as its independent registered public accounting firm to audit its consolidated financial statements as of May 31, 2026. The company stated that it had not consulted SadlerGibb on accounting or audit matters at any time during the past two fiscal years or in any period prior to the engagement date.

Key Details

• Engagement date: December 23, 2025.
• Auditor: Sadler Gibb and Associates ("SadlerGibb") will audit consolidated financials as of May 31, 2026.
• No prior consultations: The company reports no consultations with SadlerGibb during the past two fiscal years or prior to Dec 23, 2025 regarding accounting application, reportable events, or audit opinions.
• Filing reference: Form 8-K, Item 4.01 (changes in certifying accountant) and Item 9.01 (exhibit: Inline XBRL cover page).

Why It Matters
This filing formally identifies who will perform the audit of Preaxia’s consolidated financial statements for the period ending May 31, 2026. For investors, auditor appointments are important because the auditor will review and report on the company’s financials; watch for upcoming audited financial statements and any further disclosures about audit findings or changes in auditing arrangements.