---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-049113"
form_type: "8-K"
ticker: "ACR"
cik: "0001332551"
company_name: "ACRES Commercial Realty Corp."
filed_at: "2024-04-26T23:59:59+00:00"
generated_at: "2026-06-03T06:19:57.328510+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# ACRES Commercial Realty dismisses Grant Thornton, appoints EY as auditor

## Summary
- Audit Committee dismissed Grant Thornton effective upon filing Q1 2024 10-Q.
- Grant Thornton's 2023 and 2022 reports were unqualified with no adverse opinions.
- No disagreements or reportable events with Grant Thornton during the relevant periods.
- EY engaged as new independent auditor for fiscal year 2024, effective same date.
- Grant Thornton letter concurring with disclosures filed as Exhibit 16.1.

## SEC filing metadata
- accession: 0000950170-24-049113
- form_type: 8-K
- ticker: ACR
- cik: 0001332551
- company_name: ACRES Commercial Realty Corp.
- filed_at: 2024-04-26T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1332551/000095017024049113/0000950170-24-049113-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1332551/000095017024049113/acr-20240423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-049113
- JSON: https://secwatch.observer/filing/0000950170-24-049113.json
- Plain text: https://secwatch.observer/filing/0000950170-24-049113.txt

## Key facts
- Auditor Changes
  ACRES Commercial Realty Corp. dismissed Grant Thornton LLP as its auditor.
  - Action: dismissal
  - Auditor: Grant Thornton LLP
  source text: ☐ Item 4.01 Changes in Registrant’s Certifying Accountant (a) Dismissal of Previous Independent Registered Public Accounting Firm On April 23, 2024, the Audit Committee (the “Audit Committee”) of the Board of Directors of ACRES Commercial Realty Corp. (the “Company”) determined to dismiss Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm, effective upon filing the Company’s Form 10-Q for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017024049113/0000950170-24-049113-index.htm
- Auditor Changes
  ACRES Commercial Realty Corp. engaged Ernst & Young LLP as its auditor.
  - Action: engagement
  - Auditor: Ernst & Young LLP
  source text: (b) Appointment of New Independent Registered Public Accounting Firm On April 23, 2024, the Audit Committee approved the engagement of Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, effective upon filing the Form 10-Q for the quarter ended March 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1332551/000095017024049113/0000950170-24-049113-index.htm

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