---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-096676"
form_type: "8-K"
ticker: null
cik: "0001426506"
company_name: "SMG Industries Inc."
filed_at: "2023-08-30T23:59:59+00:00"
generated_at: "2026-06-11T01:53:59.308455+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# SMG Industries dismisses MaloneBailey as auditor, engages Schneider Downs

## Summary
- Dismissed MaloneBailey effective Aug 29, 2023; engaged Schneider Downs for FY 2023.
- MaloneBailey's reports for 2022 and 2021 included going-concern doubt about SMG's ability to continue.
- No disagreements on accounting principles, but material weaknesses cited: lack of separation of duties and lack of formal review process.
- Board approved the change; no prior consultations with Schneider Downs.

## SEC filing metadata
- accession: 0001104659-23-096676
- form_type: 8-K
- cik: 0001426506
- company_name: SMG Industries Inc.
- filed_at: 2023-08-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/0001104659-23-096676-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/tm2325103d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-096676
- JSON: https://secwatch.observer/filing/0001104659-23-096676.json
- Plain text: https://secwatch.observer/filing/0001104659-23-096676.txt

## Key facts
- Auditor Changes
  SMG Industries Inc. engaged Schneider Downs & Co., Inc. as its auditor.
  - Action: engagement
  - Auditor: Schneider Downs & Co., Inc.
  source text: On August 29, 2023 (the “Engagement Date”), the Company engaged Schneider Downs & Co., Inc. (“Schneider Downs”) as its independent registered public accounting firm for the Company’s fiscal year ending December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/0001104659-23-096676-index.htm
- Auditor Changes
  SMG Industries Inc. dismissed MaloneBailey, LLP as its auditor.
  - Action: dismissal
  - Auditor: MaloneBailey, LLP
  - Successor: Schneider Downs & Co., Inc.
  source text: On August 29, 2023, SMG Industries Inc. (the “Company”) dismissed MaloneBailey, LLP (“MaloneBailey”) as the Company’s independent registered public accounting firm, effective on August 29, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1426506/000110465923096676/0001104659-23-096676-index.htm

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