C1 Fund Inc. 8-K

What Happened C1 Fund Inc. announced that its Audit Committee approved the dismissal of BDO USA, P.C. as the company’s independent registered public accounting firm effective March 16, 2026, and that it engaged CBIZ CPAs P.C. as its new independent registered public accounting firm effective March 17, 2026. BDO’s report on the company’s consolidated financial statements for the interim period August 16, 2024 to June 30, 2025 was unmodified, and BDO reported no disagreements or reportable events with the company since its August 16, 2024 incorporation.

Key Details

• Audit Committee approved BDO dismissal on March 16, 2026; CBIZ engagement effective March 17, 2026.
• BDO’s report for Aug 16, 2024–Jun 30, 2025 contained no adverse opinion, disclaimer, or qualifications.
• No “disagreements” or “reportable events” under Item 304 of Regulation S‑K were identified between the company and BDO since incorporation.
• Company requested BDO provide a letter to the SEC about these disclosures and will file a Form 8-K/A if/when BDO furnishes that letter.
• CBIZ will serve as auditor for the fiscal year ending December 31, 2025; the company (and its representatives) did not consult CBIZ on accounting or audit issues prior to engagement.

Why It Matters An auditor change is a material corporate governance event for investors because it affects who reviews and certifies the company’s financial statements. Here, the outgoing auditor’s reports were unmodified and no disagreements were reported, which reduces immediate red flags about past financial reporting. The new auditor, CBIZ, will perform the audit for fiscal 2025, so investors should watch for any disclosures about auditor communications, audit timing, or future audit opinions in upcoming filings.