---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-016396"
form_type: "8-K"
ticker: "ITHUF"
cik: "0001643154"
company_name: "iANTHUS CAPITAL HOLDINGS, INC."
filed_at: "2024-02-16T23:59:59+00:00"
generated_at: "2026-06-06T00:16:19.395768+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# iAnthus restates Q3 2023 results; inventory and liabilities overstated due to consolidation error

## Summary
- Audit committee determined Sept 30, 2023 financials were materially misstated; reliance withdrawn.
- Error from intercompany consolidation and inventory valuation overstated inventories and accrued liabilities.
- Error understated cost of revenues and overstated income tax expense; no cash impact.
- Restated 10-Q expected by February 29, 2024; material weaknesses will be reported.
- Company discussed findings with independent auditor PKF O'Connor Davies.

## SEC filing metadata
- accession: 0000950170-24-016396
- form_type: 8-K
- ticker: ITHUF
- cik: 0001643154
- company_name: iANTHUS CAPITAL HOLDINGS, INC.
- filed_at: 2024-02-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1643154/000095017024016396/0000950170-24-016396-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1643154/000095017024016396/ithuf-20240213.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-016396
- JSON: https://secwatch.observer/filing/0000950170-24-016396.json
- Plain text: https://secwatch.observer/filing/0000950170-24-016396.txt

## Key facts
- Auditor Changes
  iANTHUS CAPITAL HOLDINGS, INC. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On February 13, 2024, the Audit Committee of the Company’s Board of Directors concluded, after discussion with the Company’s management and its advisors, that the Third Quarter 2023 Interim Financial Statements were materially misstated due to this error. As a result, the Third Quarter 2023 Interim Financial Statements and accompanying earnings release should no longer be relied upon.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1643154/000095017024016396/0000950170-24-016396-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.