Med X Inc.

05/10/2024 | Press release | Distributed by Public on 05/10/2024 11:58

Change in Certifying Accountants - Form 1-U

ITEM 4.01. Changes in Issuer's Certifying Accountant.

Newly Engaged Independent Registered Public Accounting Firm

On May 10, 2024, the Med-X Inc. Audit Committee and Board of Directors approved the appointment of SetApart Accountancy Corp ("SetApart FS") as the Company's new independent registered public accounting firm, effective immediately, to perform independent review and audit services for the fiscal years ending December 31, 2023 and 2022. During the fiscal years ended December 31, 2023 and December 31, 2022 and through May 9, 2024, date of engagement, neither the Company, nor anyone on its behalf, consulted SetApart FS regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered with respect to the consolidated financial statements of the Company, and no written report or oral advice was provided to the Company by SetApart FS that was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a "disagreement" (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a "reportable event" (as that term is defined in Item 304(a)(1)(v) of Regulation S-K).

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