secwatch.observer — SEC 8-K summary
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Issuer:     Primis Financial Corp. (FRST)
CIK:        0001325670
Form:       8-K
Filed at:   2024-10-17T23:59:59+00:00
Accession:  0001104659-24-109570
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Primis Financial appoints Crowe as new auditor after Forvis declines reappointment; prior SEC consultation on accounting
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- Forvis Mazars declined reappointment as auditor for FY 2024; notified Sep 17, 2024.
- Audit Committee appointed Crowe LLP on Sep 19, 2024; Crowe accepted Oct 16, 2024.
- SEC consultation completed Aug 9, 2024 led to revision of 2022/2023 financials for consumer loan agreement accounting.
- Forvis will continue to audit restated interim periods for 2023 and review Q1 2024 interim.
- Crowe had been consulted in 2022 on revenue/expense allocations for the agreement but did not opine on conclusions.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1325670/000110465924109570/0001104659-24-109570-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1325670/000110465924109570/tm2426404d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-109570

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