Lelantos Holdings Engages PCAOB-Approved Auditor to Support Planned OTCQB Uplist

Lelantos Holdings, Inc. (OTCID: LNTO) has engaged Aloba, Awomolo & Partners, a PCAOB-approved auditing firm, to complete its financial audits as the company prepares an application to uplist its common stock to the OTCQB Venture Market. The firm will perform independent audits under PCAOB standards to support enhanced transparency, stronger internal controls, and alignment with OTCQB reporting requirements. This engagement represents a significant step for Lelantos Holdings in its efforts to improve liquidity, expand its investor base, and increase visibility in capital markets.

The selection of a PCAOB-approved auditor is particularly important for companies seeking to uplist to regulated markets like the OTCQB. The Public Company Accounting Oversight Board sets rigorous standards for audit quality and independence, and working with a PCAOB-approved firm like Aloba, Awomolo & Partners provides investors with greater confidence in the company's financial reporting. Founded in 1981, the firm brings extensive experience in audit, tax, and financial advisory services with expertise in both IFRS and PCAOB-standard external audits.

For Lelantos Holdings, this move toward OTCQB listing represents more than just a change in trading venue. The OTCQB Venture Market offers companies enhanced credibility through more stringent reporting requirements and greater transparency standards compared to lower OTC tiers. Companies listed on OTCQB must undergo annual verification and management certification, maintain current financial reporting, and meet minimum bid price requirements. The market serves as a stepping stone for companies seeking to eventually list on national exchanges like NASDAQ or NYSE.

The implications of this auditor engagement extend beyond regulatory compliance. By aligning with PCAOB standards, Lelantos Holdings positions itself to attract more sophisticated investors, including institutional funds that typically require audited financial statements from PCAOB-registered firms. This could potentially lead to improved trading volume, better price discovery, and increased analyst coverage. The company's focus on sustainable energy and innovative business structure may gain additional attention through this enhanced market presence.

Investors following the company can find more information about Lelantos Holdings at https://www.lelantosholdings.io/. The full press release detailing this development is available at https://nnw.fm/ixE1s. This strategic move comes as many companies seek to improve their market standing and access to capital through uplisting initiatives, particularly in sectors like sustainable energy where investor interest continues to grow.