C1 Fund Inc. Dismisses Auditor BDO USA, Engages CBIZ CPAs Amidst Recent Filing Delays

summarizeSummary

C1 Fund Inc. has dismissed its auditor, BDO USA, P.C., and appointed CBIZ CPAs P.C., a move that follows recent notices of late annual report filings.

check_boxKey Events

• Auditor Dismissal

  On March 16, 2026, the Audit Committee approved the dismissal of BDO USA, P.C. as the independent registered public accounting firm.

• No Disagreements Cited

  The company stated there were no disagreements or reportable events with BDO regarding accounting principles, practices, or audit scope.

• New Auditor Appointed

  On March 17, 2026, CBIZ CPAs P.C. was engaged as the new independent registered public accounting firm, effective immediately.

• Follows Recent Filing Delays

  This auditor change occurs shortly after the company filed NT-NCSR (March 11) and NT-NCEN (March 13) notices, indicating delays in its annual report filings.

auto_awesomeAnalysis

This 8-K filing reports the dismissal of BDO USA, P.C. as the independent registered public accounting firm and the immediate engagement of CBIZ CPAs P.C. While the company states there were no disagreements or reportable events with BDO, this change is highly significant given the company's recent notifications of late filings for its annual reports (NT-NCSR on March 11 and NT-NCEN on March 13). The timing suggests the auditor change may be related to the ongoing challenges in timely financial reporting, potentially indicating efforts to resolve compliance issues or a breakdown in the previous auditor relationship. Investors should monitor the upcoming 8-K/A for BDO's letter and the timely filing of the delayed annual reports.