other_material
confidence high
sentiment neutral
materiality 0.65
ConnectM Technology Solutions auditor Adeptus resigns; KNAV CPA LLP engaged
ConnectM Technology Solutions, Inc.
- Adeptus Partners resigned as independent auditor on August 7, 2025.
- No disagreements with Adeptus; prior reports included going-concern explanatory paragraphs.
- Adeptus reported material weaknesses in disclosure controls and internal control over financial reporting for FY2023 and FY2024.
- Audit Committee approved KNAV CPA LLP as new auditor effective August 8, 2025, to audit FY2025.
- Company provided Adeptus with 8-K copy; Adeptus letter attached as Exhibit 16.1.
item 4.01item 9.01