secwatch.observer — SEC 8-K summary
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Issuer:     Near Intelligence, Inc. (—)
CIK:        0001826671
Form:       8-K
Filed at:   2023-10-05T23:59:59+00:00
Accession:  0001013762-23-002164
Event type: other_material
Sentiment:  negative
Materiality: 1.00
Item codes: 4.02, 5.02, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Near Intelligence restates years of financials; CEO/CFO on leave amid fraud probe
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- Board determined FY2020-2022 and Q1/Q2 2023 financials cannot be relied upon; revenue may have been overstated.
- CEO Anil Mathews, CFO Rahul Agarwal, and President Shobhit Shukla placed on administrative leave Oct 1, 2023.
- Gladys Kong appointed interim CEO (formerly COO); John Faieta appointed interim CFO (formerly Controller).
- All prior revenue and adjusted EBITDA guidance withdrawn.
- Waiver under Blue Torch financing agreement expired Oct 1; company actively negotiating forbearance.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/0001013762-23-002164-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1826671/000101376223002164/ea186362-8k_nearintell.htm
  HTML page:      https://secwatch.observer/filing/0001013762-23-002164

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