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On Wednesday, Yuengling’s Ice Cream Corporation, a Nevada-based company listed under the services-business services sector with a market capitalization of $2.41 million and annual revenue of $4.81 million, announced a significant change in its financial oversight. The company’s board of directors has decided to terminate the engagement with its independent registered public accounting firm, Fruci & Associates.
The company informed Fruci & Associates of the decision on May 21, 2025. The termination of the accounting firm’s services was confirmed by the company’s board, although the reasons for the change were not disclosed in the filing. Yuengling’s Ice Cream Corp has stated that it will provide Fruci & Associates with a copy of the announcement, as required by the Securities and Exchange Commission (SEC) regulations.
Yuengling’s Ice Cream Corp has requested Fruci & Associates to issue a letter to the SEC, stating whether it agrees with the statements made in the report. The company plans to file this letter as an amendment to the current report if and when it is received.
The company is actively seeking a new independent registered public accounting firm and will report the appointment in a subsequent SEC filing once the engagement is finalized. This change comes as the company continues to navigate the regulatory requirements of being an emerging growth company, while maintaining strong revenue growth of 27.44% in the last twelve months. Subscribers to InvestingPro can access 11 additional key insights about the company’s financial health and performance metrics.
Yuengling’s Ice Cream Corp is registered under the symbol YCRM and trades on the OTC market. This recent development may be of interest to investors and stakeholders who follow the company’s financial management practices. For comprehensive analysis and real-time updates on YCRM’s financial metrics, visit InvestingPro.
This report is based on a press release statement and provides details as per the company’s filings with the SEC.
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