Bio-Path Holdings Dismisses Ernst & Young as Auditors Amid Going Concern Explanatory Note

Reuters08-14
Bio-Path Holdings Dismisses Ernst & Young as Auditors Amid Going Concern Explanatory Note

Bio-Path Holdings Inc. has announced a change in its certifying accountant, dismissing Ernst & Young LLP (EY) as its independent registered public accounting firm effective August 13, 2025. The decision was approved by the company's Board of Directors. EY's audit reports for the fiscal years ending December 31, 2023, and 2024 did not contain adverse opinions, but included an explanatory paragraph regarding the company's ability to continue as a going concern. There were no disagreements or reportable events between Bio-Path and EY during their recent fiscal years or the interim period through the dismissal date. Bio-Path is in the process of seeking a new accounting firm and will file a report once a new firm is engaged.

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