other material
confidence high
sentiment neutral
materiality 0.55
ConnectM Technology Solutions, Inc. (CNTM): auditor change — Monterey Capital Acquisition dismisses Marcum LLP, appoints Adeptus Partners as auditor
ConnectM Technology Solutions, Inc.
- Audit Committee dismissed Marcum LLP as independent auditor effective Nov 27, 2023.
- Marcum's reports on FY 2022 and 2021 contained a going concern explanatory paragraph.
- No disagreements with Marcum; only previously reported material weaknesses noted.
- Adeptus Partners, LLC appointed as new independent auditor for FY 2023 audit.
- Letter from Marcum LLP attached as Exhibit 16.1; no consultation with Adeptus prior.