secwatch.observer — SEC 8-K summary
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Issuer:     Ideal Power Inc. (IPWR)
CIK:        0001507957
Form:       8-K
Filed at:   2021-07-07T23:59:59+00:00
Accession:  0001104659-21-089772
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ideal Power names BPM as new auditor after Gumbiner Savett merger; no disagreements
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- Effective July 1, 2021, GS combined with BPM; GS resigned, BPM engaged as new independent auditor for FY2021.
- Prior audit reports for 2019 and 2020 had no adverse opinion except a going-concern explanatory paragraph in March 2020 report.
- No disagreements or reportable events between company and GS during the two most recent fiscal years.
- Company did not consult BPM before engagement; no accounting disagreements.
- GS provided a letter filed as Exhibit 16.1 agreeing with disclosures.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1507957/000110465921089772/0001104659-21-089772-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1507957/000110465921089772/tm2121248d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-089772

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