Q/C TECHNOLOGIES, INC. 8-K

What Happened

• Q/C Technologies, Inc. announced on March 9, 2026 that its Audit Committee dismissed Stephano Slack LLC as the company’s independent registered public accounting firm and engaged Grassi & Co., CPAs, P.C. as the new auditor, effective immediately.
• Stephano Slack’s audit reports for the fiscal years ended December 31, 2024 and December 31, 2023 did not contain an adverse opinion, disclaimer, or qualifications except they included a going-concern paragraph noting the company’s net loss and negative cash flows for the year ended December 31, 2024 that “raise substantial doubt about their ability to continue as a going concern.” A letter from Stephano Slack dated March 11, 2026 is filed as Exhibit 16.1.

Key Details

• Date of change: March 9, 2026 (dismissal and appointment effective same date).
• Former auditor: Stephano Slack LLC — audit reports for 2023 and 2024 included a going-concern paragraph but no adverse opinions or qualifications otherwise.
• New auditor: Grassi & Co., CPAs, P.C. — engaged to audit the Company’s financial statements for the year ended December 31, 2025.
• There were no disagreements or “reportable events” between the Company and Stephano Slack from October 3, 2023 through March 9, 2026; the company also reported no consultations with Grassi on accounting matters through March 9, 2026.

Why It Matters

• Auditor changes are material for investors because they affect who reviews and attests to the company’s financial statements. The new engagement means Grassi will audit 2025 results.
• The prior auditor’s going-concern paragraph highlights existing financial stress: the company reported a net loss and negative operating cash flow for 2024, which raises questions about its near-term liquidity and ability to continue operations.
• The filing notes no disputes with the former auditor, which reduces the likelihood the change reflects a contested audit issue; nevertheless, investors should watch upcoming audited 2025 financials and any management disclosures about liquidity and plans to address the going-concern matter.