secwatch.observer — SEC 8-K summary
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Issuer:     ID Auto, Inc. (—)
CIK:        0001698113
Form:       8-K
Filed at:   2023-12-27T23:59:59+00:00
Accession:  0001213900-23-098900
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

PARTS iD auditor WithumSmith+Brown resigns; material weakness in internal controls cited
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- WithumSmith+Brown resigned as PARTS iD's auditor on Dec 21, 2023.
- No disagreements on accounting; material weakness in internal controls for complex debt/equity transactions.
- 2022 audit had going concern paragraph; 2021 audit was clean.
- Company must find successor auditor; material weakness is a reportable event.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023098900/0001213900-23-098900-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1698113/000121390023098900/ea190624-8k_partsid.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-098900

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