DarkPulse Dismisses Auditor BLC, Hires M&K CPAS Amid Going-Concern Warning
DPLS sits 25% above its 52-week low of $0.005 on light trading volume (0.2× avg).
Summary
DarkPulse replaced its independent auditor, dismissing Boladale Lawal & Co. and engaging M&K CPAS, PLLC, effective September 11, 2026. The change comes amid a going-concern warning and previously disclosed ineffective internal controls.
Key Events · Corporate Governance and Compliance · DPLS
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Auditor Dismissal and Replacement
DarkPulse dismissed Boladale Lawal & Co. (BLC) and engaged M&K CPAS, PLLC as its independent registered public accounting firm, both effective September 11, 2026, with board ratification on September 14, 2026.
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Going-Concern Explanatory Paragraphs
BLC's audit reports for fiscal years ended December 31, 2024 and 2025 contained explanatory paragraphs expressing substantial doubt about the company's ability to continue as a going concern, though no adverse opinion or disclaimer was issued.
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No Disagreements or Reportable Events
The filing states there were no disagreements or reportable events between DarkPulse and BLC during the two most recent fiscal years and the interim period through September 11, 2026.
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Prior Internal Control Weakness
The auditor change follows DarkPulse's most recent 10-Q, which disclosed ineffective internal controls and reiterated the going-concern warning, heightening governance scrutiny.
Analysis · DPLS · Technology
DarkPulse dismissed its auditor Boladale Lawal & Co. and engaged M&K CPAS, PLLC effective September 11, 2026. The outgoing auditor's reports for fiscal 2024 and 2025 carried going-concern explanatory paragraphs, and the company's most recent 10-Q reiterated that warning while disclosing ineffective internal controls. An auditor change at a company already under going-concern and internal-control stress is a governance red flag that warrants close attention, even though the filing states there were no disagreements or reportable events with the prior auditor.
How filings like this one have moved
In the 30 days to Oct 3, 2026, 36.7% of the 1072 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.61%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, DPLS was trading at $0.01 on OTC in the Technology sector, with a market capitalization of approximately $1.4M. The 52-week trading range was $0.00 to $12.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.