---
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"
generated_at: "2026-05-20T03:22:11.226211+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Chicago Rivet & Machine dismisses Crowe, hires Cherry Bekaert; prior audit contained going-concern paragraph

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-080238
- JSON: https://secwatch.observer/filing/0000950170-25-080238.json
- Plain text: https://secwatch.observer/filing/0000950170-25-080238.txt

## Key facts
- Auditor Changes
  CHICAGO RIVET & MACHINE CO dismissed Crowe LLP as its auditor.
  - Action: dismissal
  - Auditor: Crowe LLP
  - Successor: Cherry Bekaert
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/0000950170-25-080238-index.htm
- Auditor Changes
  CHICAGO RIVET & MACHINE CO engaged Cherry Bekaert as its auditor.
  - Action: engagement
  - Auditor: Cherry Bekaert
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/19871/000095017025080238/0000950170-25-080238-index.htm

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