Home / Auditor changes / U.S. GOLD CORP.

5/5U.S. GOLD CORP. (USAU): Auditor change

Filed 2025-09-16 路 Form 8-K 路 Accession 0001493152-25-013705 micro

Market data

Price before filing: $15.14 (2025-09-15 close, split/dividend-adjusted)
Market cap at flag: $213.3M (2025-09-16) 路 Latest: $195.7M (2026-10-16)

What happened next

WindowUSAUSPYvs SPY
30 days+18.1%+0.2%+17.9%2025-10-16
90 days+11.7%+3.3%+8.4%2025-12-15
180 days+15.0%+1.8%+13.2%2026-03-16

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider sold $600K (1 sale)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-08-09NORMAN LUKE ANTHONY
Director
Sale49,917$12.02$600KnoForm 4
2025-09-16: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-06-18 to 2025-10-16. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On September 12, 2025, Marcum resigned as the Company's independent registered public accountant and CBIZ CPAs was engaged to serve as the independent registered public accountant of the Company for the fiscal year ending April 30, 2026, effective beginning with the review of the Company's condensed consolidated financial statements for the quarter ended July 31, 2025."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: Marcum LLP · New auditor: CBIZ CPAs P.C.

Why this score: auditor resigned; also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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