United States Antimony Corporation Announces Change in Auditor: Key Details from Latest SEC Filing
Overview
United States Antimony Corporation (NYSE: UAMY) has filed a Current Report on Form 8-K with the U.S. Securities and Exchange Commission, announcing a significant change in its independent registered public accounting firm. This is a material event for shareholders and may have implications for the company’s financial reporting and share value.
Key Highlights
- Auditor Change: Effective June 3, 2026, United States Antimony Corporation (“the Company”) dismissed Assure CPA, LLC as its independent registered public accounting firm. Subsequently, on June 5, 2026, the Company engaged Sadler Gibb as the new independent registered public accounting firm for the fiscal year ending December 31, 2026.
- No Disagreements: According to the filing, there were no disagreements between the Company and Assure CPA, LLC on any matter of accounting principles, practices, financial statement disclosure, or auditing scope or procedure that would have caused a reference in Assure’s reports.
- No Reportable Events: There were also no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K) during the fiscal years ended 2025 and 2024, or any subsequent interim period through June 3, 2026.
- Continuity in Audit Team: Importantly, the lead engagement partner and the professional staff responsible for the Company’s prior annual audits at Assure have continued with Sadler Gibb. This means the individuals familiar with the Company’s financials remain in place, potentially reducing disruption.
- Shareholder Communications: Assure CPA, LLC has provided a letter (Exhibit 16.1 to the 8-K), dated June 5, 2026, confirming their agreement with the Company’s disclosures regarding the auditor change.
- Trading Details: The Company’s common stock, \$0.01 par value, continues to trade under the symbol UAMY on the NYSE.
- Emerging Growth Company: The Company confirms it is not an emerging growth company under current regulations.
Implications for Investors
This auditor change is a significant corporate event for United States Antimony Corporation and could be price sensitive for the following reasons:
- Market Perception: Auditor changes often draw attention from investors and analysts. Even though there were no disagreements or adverse events reported, any change in a company’s independent registered public accounting firm can be scrutinized for potential underlying issues or as a move towards improved financial governance.
- Continuity Mitigates Risk: The transition of the audit team to the new firm should help maintain consistency and mitigate disruption in the Company’s financial reporting. This continuity can be reassuring for investors.
- Regulatory Compliance and Transparency: The Company’s proactive disclosure and the auditor’s confirmation letter indicate transparency and compliance with SEC rules, which may be viewed positively by the market.
Details for Shareholders
- Why was the auditor changed? The filing does not specify the reason for the change. However, it is noted that the professional staff responsible for prior audits remains the same, suggesting the change may be a result of business transactions or strategic alignment, rather than dissatisfaction.
- What should shareholders watch for?
- Monitor subsequent filings for any changes in financial statement presentation, audit opinions, or additional disclosures from either the Company or the new auditor.
- Stay alert to any analyst or media commentary regarding the change, as perceptions can impact share price in the short term.
- Is there any impact on the Company’s trading status? No. The Company’s shares remain listed on the NYSE under the symbol UAMY.
Exhibit Details
- Exhibit 16.1: Letter from Assure CPA, LLC, dated June 5, 2026, stating agreement with the Company’s disclosures.
- Exhibit 104: Cover Page Interactive Data File (embedded with the inline XBRL document).
Conclusion
While the Company reports no disagreements or adverse events related to the auditor change, the transition to Sadler Gibb as the new independent registered public accounting firm is an important corporate development. Investors should continue to monitor the Company’s filings and communications for any updates.
Disclaimer: This article is for informational purposes only. It is not investment advice. Investors should conduct their own due diligence and consult their financial advisor before making any investment decisions. The information herein is based solely on the Company’s SEC filings and is not independently verified.
