other material
confidence low
sentiment negative
materiality 0.80
Dave Inc. discloses material weaknesses, plans restatement of prior period financials; Q2 results announced
Dave Inc./DE
- Plans to amend previously filed Form 8-K/A and Q1 10-Q; will restate financial statements related to Cash Flow and Earnout Adjustments.
- Identified material weaknesses in internal control over financial reporting; disclosure controls not effective at reasonable assurance level.
- Q2 2022 earnings conference call was held August 11, 2022; press release issued but not included in this filing.