other material
confidence high
sentiment negative
materiality 0.45
Genesis Growth Tech Acquisition Corp.: auditor change — Genesis Growth Tech loses auditor Citrin; engages MaloneBailey as replacement
Genesis Growth Tech Acquisition Corp.
- Citrin Cooperman resigned as independent auditor on April 12, 2023.
- MaloneBailey appointed as new auditor on April 14, 2023 for FY 2022 audit.
- Citrin's prior report included a going concern explanatory paragraph.
- Material weakness in internal control over financial reporting previously disclosed.
- No disagreements with Citrin on accounting principles or audit scope.