other material
confidence high
sentiment negative
materiality 0.55
Allegro Merger Corp.: auditor change — Allegro Merger Corp changes auditor to BF Borgers, acknowledges going concern and material weaknesses
Allegro Merger Corp.
- Engaged BF Borgers CPA as principal accountant, replacing Malone Bailey, LLP, effective August 3, 2023.
- Malone's prior-year opinions contained a going-concern explanatory paragraph; no disagreements with Malone.
- Company disclosed material weaknesses in internal controls over financial reporting as of Dec 31, 2022.
- Audit committee approved the change; no reportable events or disagreements occurred.