secwatch.observer — SEC 8-K summary
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Issuer:     Allied Gaming & Entertainment Inc. (AGAE)
CIK:        0001708341
Form:       8-K
Filed at:   2022-11-23T23:59:59+00:00
Accession:  0001213900-22-074978
Event type: other_material
Sentiment:  negative
Materiality: 0.60
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Allied Esports dismisses auditor Marcum, engages ZH CPA; going concern and material weaknesses noted
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/0001213900-22-074978-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1708341/000121390022074978/ea169204-8k_alliedesport.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-074978

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