BDO USA resigns as Genie Energy's independent auditor; material weakness disclosed

Genie Energy Ltd.

BDO resigned on August 24, 2022; no disagreements on accounting principles or audit scope.
Material weakness in internal control over income tax provision existed from 2020 through June 30, 2022.
Company expects remediation of the material weakness to be completed in 2022.
BDO's letter to the SEC is attached as Exhibit 16.1, agreeing with the company's disclosures.

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