other material
confidence high
sentiment neutral
materiality 0.45
Ace Global Business Acquisition Ltd: auditor change — Ace Global dismisses Marcum as auditor, appoints Adeptus Partners; Marcum had going-concern uncertainty
Ace Global Business Acquisition Ltd
- Marcum LLP dismissed as independent auditor on May 22, 2023, with immediate effect.
- Adeptus Partners LLC appointed as new independent registered public accounting firm for FY 2023.
- No disagreements on accounting principles or procedures during fiscal 2022 or subsequent interim period.
- Marcum's prior report on FY 2022 financials included a going-concern uncertainty qualification.
- Audit committee approved the changes; Marcum provided a letter agreeing with disclosures.