other material
confidence high
sentiment negative
materiality 0.75
Sonendo dismisses EY, appoints BDO as auditor; EY reports cited going concern doubt
Sonendo, Inc.
- Dismissed Ernst & Young as independent accountant effective Aug 14, 2024.
- EY's audit reports for FY2023 and FY2022 contained explanatory paragraph on substantial doubt about Sonendo's ability to continue as going concern.
- No disagreements or reportable events during EY's tenure through resignation.
- Appointed BDO USA as new independent auditor effective Aug 14, 2024; no prior consultations.