{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-080238","form_type":"8-K","ticker":"CVR","cik":"0000019871","company_name":"CHICAGO RIVET & MACHINE CO","filed_at":"2025-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.635329+00:00","generated_at":"2026-05-20T03:22:11.226211+00:00","sec_items":["4.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Chicago Rivet & Machine dismisses Crowe, hires Cherry Bekaert; prior audit contained going-concern paragraph","bullets":["Board dismissed Crowe LLP effective May 27, 2025; new auditor Cherry Bekaert engaged for FY 2025.","Crowe's 2024 report included a going-concern emphasis paragraph citing declining revenues, recurring losses, and reduced liquidity.","Material weakness in inventory valuation control not yet remediated; income tax weakness remediated as of June 30, 2024.","No disagreements with Crowe on accounting principles or audit scope during the prior two fiscal years."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-080238","json":"https://secwatch.observer/filing/0000950170-25-080238.json","markdown":"https://secwatch.observer/filing/0000950170-25-080238.md","text":"https://secwatch.observer/filing/0000950170-25-080238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/0000950170-25-080238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/cvr-20250527.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T03:22:11.226211+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b5b77b352ce9cb704049b9ee5b71264f384754e","claim":"CHICAGO RIVET & MACHINE CO dismissed Crowe LLP as its auditor.","evidence_excerpt":"On May 27, 2025, the Board of Directors (the “Board”) of Chicago Rivet & Machine Co. (the “Company”) approved the dismissal of Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/0000950170-25-080238-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"Crowe LLP"},{"label":"Successor","value":"Cherry Bekaert"}],"fact_type":"auditor_change"},{"claim_id":"e879062ccb15f751bcb5097fb8a2bf553f44f608","claim":"CHICAGO RIVET & MACHINE CO engaged Cherry Bekaert as its auditor.","evidence_excerpt":"On May 27, 2025, the Board engaged Cherry Bekaert (“CB”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/0000950170-25-080238-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Cherry Bekaert"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}