Independence Power Holdings, Inc. 8-K

What Happened

• On January 21, 2026 the Board of Independence Power Holdings, Inc. (f/k/a TriUnity Business Services Limited) approved the dismissal of JP Centurion & Partners PLT as the company’s independent registered accounting firm and engaged Whitley Penn LLP as the new independent registered accounting firm. The company filed an 8-K reporting the change on January 27, 2026.

Key Details

• Engagement date: January 21, 2026.
• JP Centurion’s audit report for the fiscal year ended December 31, 2024 contained no adverse opinion or disclaimer, and no qualifications except an explanatory paragraph about the company’s ability to continue as a going concern.
• For the fiscal years ended December 31, 2025 and 2024, and through the engagement date, there were no “disagreements” or “reportable events” with JP Centurion (per Regulation S‑K Item 304 definitions).
• The company has asked JP Centurion to provide a letter to the SEC stating whether it agrees with the company’s description and will file that letter when available. The company also states it did not consult Whitley Penn on accounting or auditing matters during the two years ended December 31, 2025 and 2024 or through the engagement date.

Why It Matters

• Auditor changes are material corporate events that investors monitor for potential impacts on financial reporting and audit quality. The prior auditor’s going-concern explanatory paragraph for 2024 is a notable disclosure for assessing the company’s financial condition.
• The filing notes no disagreements or reportable events with the former auditor and no prior consultations with the new auditor, which suggests a routine auditor transition rather than one driven by conflict over accounting issues. The company will update investors if JP Centurion’s response to the company’s statements differs.