SolarBank Corporation (NASDAQ: SUUN) has refiled its audited consolidated financial statements for the fiscal year ending June 30, 2024, in response to a request from the Ontario Securities Commission. The updated filing includes the report of the company's predecessor independent auditor, MSLL CPA LLP, which will be placed immediately following the current auditor's report by ZH CPA, LLC.
The refiling represents a procedural adjustment to meet regulatory requirements and does not involve any changes to the underlying financial data. This demonstrates the company's commitment to transparency and compliance with securities regulations.
SolarBank, a renewable energy project developer focused on solar, battery storage, and electric vehicle charging infrastructure in Canada and the United States, continues to expand its portfolio of clean energy projects. The company has developed over 100 megawatts of renewable energy capacity and maintains a potential development pipeline exceeding one gigawatt.
For investors and stakeholders, this refiling signals the company's diligence in maintaining accurate and comprehensive financial reporting. The additional auditor report provides further insight into the company's financial history and supports enhanced transparency in its financial disclosures.
