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Video River Networks removes auditor after SEC suspension

Published 21/08/2025, 18:34
Video River Networks removes auditor after SEC suspension
NIHK
-15.71%

Video River Networks, Inc. (OTCMKTS:NIHK) announced Thursday that it has terminated the engagement of its independent registered public accounting firm, OLAYINKA OYEBOLA & CO., effective immediately. The decision follows a letter from the Securities and Exchange Commission, received by the company’s board of directors on Monday, stating that the accounting firm has been suspended from appearing or practicing before the Commission.

As a result of this suspension, Video River Networks is required to discontinue including audit reports or consents from OLAYINKA OYEBOLA & CO. in its SEC filings. The company has begun a search for a new independent registered public accounting firm.

This information is based on a press release statement contained within the company’s Form 8-K filing with the SEC.

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