other material
confidence high
sentiment neutral
materiality 0.20
Grayscale Horizen Trust (ZEN) (HZEN): auditor change — Grayscale Horizen Trust replacing auditor; Marcum to exit after FY2024, KPMG to begin FY2025
Grayscale Horizen Trust (ZEN)
- Audit Committee dismissed Marcum LLP as independent auditor, effective after completion of FY2024 audit (Sep 30, 2024).
- Appointed KPMG LLP as new auditor for fiscal year ending September 30, 2025, no prior consultations with KPMG.
- Marcum's reports for FY2023 and FY2022 contained no adverse opinion, only emphasis of matter on digital assets.
- No disagreements or reportable events occurred during FY2023, FY2022, or subsequent interim period through March 1, 2024.