---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-301188"
form_type: "8-K"
ticker: null
cik: "0001829953"
company_name: "Corner Growth Acquisition Corp."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:20:08.497719+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Corner Growth Acquisition Corp. restates Q2 and Q3 2023 financials due to $3M deferred underwriting fee accrual error

## Summary
- Unrecorded accrued liability of $3,000,000 for deferred underwriting fee; impacts unaudited statements as of June 30 and Sept 30, 2023.
- Audit Committee concluded on Dec 19, 2023 that previously issued financials should no longer be relied upon.
- Company will amend Form 10-Qs for Q2 and Q3 2023; no change to cash position.
- Additional material weakness identified in internal control over financial reporting; remediation plan to be included in amended filings.
- Management discussed the matter with independent auditor Marcum LLP.

## SEC filing metadata
- accession: 0001193125-23-301188
- form_type: 8-K
- cik: 0001829953
- company_name: Corner Growth Acquisition Corp.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1829953/000119312523301188/0001193125-23-301188-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1829953/000119312523301188/d531746d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-301188
- JSON: https://secwatch.observer/filing/0001193125-23-301188.json
- Plain text: https://secwatch.observer/filing/0001193125-23-301188.txt

## Key facts
- Auditor Changes
  Corner Growth Acquisition Corp. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: The Company’s Audit Committee concluded on December 19, 2023 that the Non-Reliance Financial Statements should no longer be relied upon, and that the Company will amend the Form 10-Qs to include the restatements of the Non-Reliance Financial Statements as soon as practicable.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1829953/000119312523301188/0001193125-23-301188-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.