---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-237068"
form_type: "8-K/A"
ticker: "PNNT"
cik: "0001383414"
company_name: "PENNANTPARK INVESTMENT CORP"
filed_at: "2025-10-10T23:59:59+00:00"
generated_at: "2026-05-17T04:04:02.339227+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# PNNT says JF Holdings' audited financials cannot be relied on; auditor BDO flags GAAP and independence issues

## Summary
- On May 2, 2025, PNNT filed amended 10-K including audited financials for JF Holdings (unconsolidated portfolio co.) for 2022-2024.
- BDO, JF Holdings' auditor, advised on May 15, 2025 that those financials do not comply with GAAP (goodwill amortization) and should not be relied on.
- BDO was not independent of JF Holdings due to work on income tax provision during those periods under PCAOB standards.
- PNNT states its own audited FY2024 and unaudited Q1-Q3 FY2025 financials remain reliable; exploring amendment or SEC relief.

## SEC filing metadata
- accession: 0001193125-25-237068
- form_type: 8-K/A
- ticker: PNNT
- cik: 0001383414
- company_name: PENNANTPARK INVESTMENT CORP
- filed_at: 2025-10-10T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1383414/000119312525237068/0001193125-25-237068-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1383414/000119312525237068/pnnt-20251010.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-237068
- JSON: https://secwatch.observer/filing/0001193125-25-237068.json
- Plain text: https://secwatch.observer/filing/0001193125-25-237068.txt

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