Portsmouth Square, Inc. has officially appointed Whitley Penn LLP as its independent registered public accounting firm, following the completion of standard client acceptance and independence procedures. This decision was reported in the company's Form 8-K filed with the SEC on March 27, 2026. The appointment is effective as of March 26, 2026, marking a significant step in the company's governance and financial oversight. The transition to a new auditor is often seen as a positive move, indicating a commitment to maintaining high standards of financial reporting and compliance. Whitley Penn LLP is recognized for its expertise in the field, which could enhance the company's credibility with investors and stakeholders. This change comes at a time when Portsmouth Square is looking to strengthen its operational execution and governance controls, aiming for improved transparency and accountability in its financial practices. The company has not indicated any changes in its financial outlook or operational strategy as a result of this appointment, but the move is expected to bolster investor confidence in the company's financial reporting processes.

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