---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-102085"
form_type: "8-K"
ticker: "FRST"
cik: "0001325670"
company_name: "Primis Financial Corp."
filed_at: "2024-09-23T23:59:59+00:00"
generated_at: "2026-05-31T02:20:32.683648+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Forvis Mazars declines re-appointment as Primis Financial auditor; material weaknesses cited

## Summary
- Forvis will not stand for re-appointment for FY2024; decision dated Sept 17, 2024, ratified by Audit Committee.
- Material weaknesses identified in internal controls over complex loan agreements, loan transfers, and credit loss evaluation.
- Weaknesses involve third-party consumer loan portfolio accounting; management is implementing remediation controls.
- Forvis to complete FY2023 audit and restatements of prior interim periods; no disagreements on accounting principles.
- Reportable events are limited to material weaknesses previously disclosed in March and September 2024 8-K filings.

## SEC filing metadata
- accession: 0001104659-24-102085
- form_type: 8-K
- ticker: FRST
- cik: 0001325670
- company_name: Primis Financial Corp.
- filed_at: 2024-09-23T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1325670/000110465924102085/0001104659-24-102085-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1325670/000110465924102085/tm2424551d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-102085
- JSON: https://secwatch.observer/filing/0001104659-24-102085.json
- Plain text: https://secwatch.observer/filing/0001104659-24-102085.txt

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