---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-039636"
form_type: "8-K"
ticker: null
cik: "0001839990"
company_name: "Artemis Strategic Investment Corp"
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T08:24:04.219493+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Artemis Strategic restates Q3 2022 financials; material weakness in internal controls

## Summary
- Waiver of deferred underwriting fee incorrectly recognized as gain; should have been credit to stockholder's deficit.
- Previously issued unaudited Q3 2022 financials should no longer be relied upon.
- Restatement to be included in the 2022 Form 10-K; no impact on cash or trust account.
- Material weakness in internal control over financial reporting identified as of December 30, 2022.
- Management and audit committee discussed matters with independent auditor WithumSmith+Brown.

## SEC filing metadata
- accession: 0001104659-23-039636
- form_type: 8-K
- cik: 0001839990
- company_name: Artemis Strategic Investment Corp
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1839990/000110465923039636/0001104659-23-039636-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1839990/000110465923039636/tm2311078d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-039636
- JSON: https://secwatch.observer/filing/0001104659-23-039636.json
- Plain text: https://secwatch.observer/filing/0001104659-23-039636.txt

## Key facts
- Auditor Changes
  Artemis Strategic Investment Corp reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: On March 30, 2023, the Company’s management and the audit committee of the Company’s board of directors (the “Audit Committee”) concluded that the Company’s previously issued unaudited interim financial statements included in the Third Quarter 10-Q should no longer be relied upon and that it is appropriate to restate the Third Quarter 10-Q.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1839990/000110465923039636/0001104659-23-039636-index.htm

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