Allied Gaming & Entertainment Inc. (AGAE): auditor change — Allied Esports dismisses auditor Marcum, engages ZH CPA; going concern and material weaknesses noted

Allied Gaming & Entertainment Inc.

Dismissed Marcum LLP as independent auditor; Audit Committee approved Nov 18, 2022.
Marcum's reports for FY 2020-21 included a going concern explanatory paragraph; no adverse opinions.
Marcum identified five material weaknesses in internal controls, including inadequate segregation of duties and IT controls.
Engaged ZH CPA, LLC as new independent auditor for FY 2022, subject to client acceptance procedures.
No disagreements with Marcum on accounting principles or audit scope; company provided letter from Marcum as Exhibit 16.1.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Allied Gaming & Entertainment Inc. dismissed Marcum LLP as its auditor.

Action: dismissal
Auditor: Marcum LLP

Exact text from the filing

On November 22, 2022, Allied Esports Entertainment, Inc. (the “Company”) dismissed Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm in connection with auditing the Company’s financial statements for fiscal year 2022.

View on SEC.gov

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Allied Gaming & Entertainment Inc. engaged ZH CPA, LLC as its auditor.

Action: engagement
Auditor: ZH CPA, LLC

Exact text from the filing

On November 21, 2022, the Company’s Audit Committee approved the engagement of ZH CPA, LLC (“ZH”) as the Company’s new independent registered public accounting firm to audit the Company’s financial statements commencing fiscal year 2022

View on SEC.gov

46 auditor changes filed in the last 30 days. Browse all auditor changes →

Allied Gaming & Entertainment Inc. filing history →

Source: SEC EDGAR

accession 0001213900-22-074978

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.