GROW Capital, Inc. Engages PCAOB Accounting Firm for Transparency and Growth

GROW Capital, Inc. Takes Bold Steps Towards Transparency and Growth

GROW Capital, Inc. (OTCID: GRWC) has officially engaged Cherry Bekaert LLP, a PCAOB registered independent public accounting firm, to conduct audits of its financial results for the fiscal years 2024 and 2023. This decision stems from a unanimous agreement by GROW Capital's Audit Committee and Board of Directors, signaling a significant move in the company’s strategy for growth and compliance.

A New Chapter in Financial Oversight

The announcement of the engagement of an independent auditing firm is more than a routine decision; it symbolizes a crucial milestone in GROW Capital's business journey as it prepares for a potential uplisting to a senior tier on OTCMarkets. Terry Kennedy, the CEO of GROW Capital, emphasized the importance of returning to independent financial audits, stating that this marks the beginning of a new chapter for the company. The aim is to ensure that shareholders, partners, and stakeholders have the utmost confidence in GROW Capital’s financial integrity and to lay the groundwork for sustained growth.

Strategic Goals and Future Aspirations

Following its recent upgrade to the new OTCID status on OTCMarkets, GROW Capital is not just focusing on compliance but is laying the foundation for greater aspirations. The firm is targeting compliance with the OTCQB tier and has long-term goals that include exploring potential uplisting opportunities with renowned exchanges such as NASDAQ, NYSE American, or even the upcoming Texas Stock Exchange.

This initiative is part of a comprehensive fiscal 2026 business plan that aims to scale subsidiaries, expand fintech capabilities, and pursue new market opportunities. By engaging Cherry Bekaert LLP, GROW Capital demonstrates its commitment to enhancing transparency and regulatory compliance, which are crucial elements for any company aiming to attract investor interest and support.

Committing to Shareholder Trust

CEO Terry Kennedy elaborated on the significance of this decision by expressing a commitment to the company’s vision, which prioritizes the principles of good governance and transparency. “We are determined to ensure that our shareholders, clients, and partners have the confidence that comes with verified, audited financials,” said Kennedy. This focus on accountability serves not only to build trust in the company’s operations but also reflects GROW Capital’s ambition to position itself as a formidable participant in the financial services and technology sector.

The Importance of Independent Audits

Independent audits serve as a key mechanism for validating a company’s financial statements, enhancing the reliability of the financial information provided to investors. Engaging a PCAOB registered firm like Cherry Bekaert LLP adds an additional layer of credibility and reassures stakeholders that GROW Capital’s financial results will be subject to rigorous scrutiny. This move is particularly significant as the company continues to gear up for its long-term goals and strategic initiatives aimed at achieving sustainable growth.

Continuing the Momentum

GROW Capital plans to keep its stakeholders well-informed as it progresses on various initiatives outlined in its business strategy. The company understands the importance of maintaining open lines of communication regarding its operations and developmental milestones, which will ultimately aid in fostering a culture of transparency and investor confidence.

As GROW Capital embarks on this new phase with Cherry Bekaert LLP, the eyes of investors, partners, and market participants alike will be on the firm to see how it navigates this pivotal juncture in its journey. The commitment to independent audits is not just about compliance; it's about establishing a robust framework for future growth and positioning itself favorably within the marketplace.

With a clear vision and a structured approach, GROW Capital, Inc. is preparing to not only enhance its operational efficiencies but also create lasting value for its shareholders and clients. The future looks promising, backed by a strategy committed to accountability, transparency, and market leadership.