secwatch.observer — SEC 8-K summary
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Issuer:     Mobile Infrastructure Corp (BEEP)
CIK:        0001847874
Form:       8-K
Filed at:   2023-03-31T23:59:59+00:00
Accession:  0001193125-23-088143
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Fifth Wall Acquisition Corp. III restates Q2 and Q3 2022 financials; material weakness identified
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- Board concluded previously issued Q2 and Q3 2022 financials should be restated due to errors in accounting for deferred underwriting expenses.
- Restatement involves adjusting carrying value of redeemable Class A shares for extinguishment of contingent liability.
- Material weakness in internal control over financial reporting identified; disclosure controls ineffective for affected periods.
- Restatement does not impact cash position or trust account.
- Company will file restated financials in upcoming 10-K for 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1847874/000119312523088143/0001193125-23-088143-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1847874/000119312523088143/d482842d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-088143

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