---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-302238"
form_type: "8-K"
ticker: null
cik: "0001844507"
company_name: "Achari Ventures Holdings Corp. I"
filed_at: "2023-12-22T23:59:59+00:00"
generated_at: "2026-06-07T08:16:07.156588+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Achari Ventures restates Q3 2023 EPS due to error; identifies material weakness

## Summary
- Filed 10-Q/A on Dec 22, 2023 to correct EPS for three months ended Sept 30, 2023.
- Error affected only EPS disclosure in income statement, Note 2, and Item 4 of Form 10-Q.
- No impact on cash position or trust account; balance sheet, cash flows unchanged.
- Material weakness in internal control over financial reporting identified; remediation plan filed in 10-Q/A.
- Audit committee and management discussed matters with independent auditor Withum Smith+Brown, PC.

## SEC filing metadata
- accession: 0001193125-23-302238
- form_type: 8-K
- cik: 0001844507
- company_name: Achari Ventures Holdings Corp. I
- filed_at: 2023-12-22T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844507/000119312523302238/0001193125-23-302238-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844507/000119312523302238/d681923d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-302238
- JSON: https://secwatch.observer/filing/0001193125-23-302238.json
- Plain text: https://secwatch.observer/filing/0001193125-23-302238.txt

## Key facts
- Auditor Changes
  Achari Ventures Holdings Corp. I reported that prior financial statements should not be relied upon.
  - Action: non reliance
  source text: As such, the Company has restated its financial statements for the Affected Period via the Company’s filing of a Quarterly Report on Form 10-Q/A for the quarterly period ended September 30, 2023 (the “10-Q/A”) on December 22, 2023 with the SEC. The Company does not expect that the restatement to have any impact on its cash position or on the cash held in the trust account established in connection with the Company’s initial public offering.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844507/000119312523302238/0001193125-23-302238-index.htm

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