FBS Global Dismisses Auditor NLA DFK, Engages Assentsure PAC — One Reportable Event Disclosed
FBGL is trading near its 52-week low of $3.23 (7.1% above the low).
Summary
FBS Global replaced its independent auditor NLA DFK with Assentsure PAC on September 29, 2026, disclosing one reportable event during NLA's tenure. The change comes one day after the company's reverse stock split took effect.
Key Events · Corporate Governance and Compliance · FBGL
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Auditor Dismissed and Replaced
FBS Global dismissed NLA DFK Assurance PAC and engaged Assentsure PAC as its new independent registered public accounting firm, both effective September 29, 2026.
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Reportable Event Disclosed
The filing discloses one 'reportable event' as defined in Item 304(a)(1)(v) of Regulation S-K during NLA's engagement period from 2025 through September 29, 2026.
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Clean 2025 Audit Opinion
NLA's audit report on the company's consolidated financial statements for fiscal year 2025 contained no adverse opinion, disclaimer, or qualification.
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Timing Follows Reverse Split
The auditor change occurred one day after the company's 1-for-10 reverse stock split took effect on September 28, 2026.
Analysis · FBGL · Real Estate & Construction
FBS Global dismissed its independent auditor NLA DFK Assurance PAC on September 29, 2026, and immediately engaged Assentsure PAC as its replacement. The filing discloses one 'reportable event' under Regulation S-K during NLA's tenure — a term that typically covers material weaknesses in internal controls, fraud, or illegal acts. While NLA's 2025 audit opinion was clean, the existence of a reportable event raises governance questions. This comes just one day after the company's 1-for-10 reverse stock split took effect on September 28, 2026, and follows a turbulent period that included a massive CEO Form 144 filing (later retracted) and the reverse split itself. An auditor change with a reportable event is a red flag that warrants close attention.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 36.7% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.63%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, FBGL was trading at $3.46 on NASDAQ in the Real Estate & Construction sector, with a market capitalization of approximately $4.7M. The 52-week trading range was $3.23 to $14.00. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.