Inspire Veterinary Partners Inc. announced that it has dismissed Kreit & Chiu CPA LLP as its independent registered public accounting firm and appointed M&K CPAS, PLLC as the new auditor, effective October 16, 2025. The company stated there were no disagreements with the former auditors on accounting practices or financial disclosures. However, Kreit & Chiu CPA LLP had identified material weaknesses in Inspire Veterinary Partners' internal control over financial reporting and included an explanatory paragraph in its audit reports expressing substantial doubt about the company's ability to continue as a going concern. The change was approved by the company's Audit Committee.
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