other_material
confidence high
sentiment negative
materiality 0.65
CaliberCos dismisses Deloitte, appoints Urish Popeck as new auditor for FY2025
CaliberCos Inc.
- Audit committee dismissed Deloitte & Touche and appointed Urish Popeck & Co. as auditor for FY2025, effective immediately.
- Deloitte's 2024 audit report included a going-concern qualification over negative cash flows and debt maturity risks.
- No disagreements existed with Deloitte on accounting principles; Deloitte furnished a letter agreeing with the disclosures.
- Urish Popeck had not previously been engaged by the Company or consulted on accounting matters before this appointment.
item 4.01item 9.01