Veru dismisses RSM as auditor; engages Cherry Bekaert; cites material weaknesses

VERU INC.

RSM US LLP dismissed as independent auditor on May 16, 2024; no disagreements reported.
Cherry Bekaert LLP appointed as new auditor on May 21, 2024, approved by Audit Committee.
RSM's FY2023 report included a going-concern explanatory paragraph.
Two material weaknesses disclosed: one related to nonrecurring transactions and one to R&D expense estimates, leading to restatements.

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