regulatory
confidence high
sentiment neutral
materiality 0.60
Zeo Energy Corp. (ZEO): auditor change — Zeo Energy dismisses BDO, engages Grant Thornton; material weaknesses cited
Zeo Energy Corp.
- BDO USA P.C. dismissed as independent auditor on April 16, 2024; no disagreements with BDO.
- Material weaknesses in internal control over financial reporting identified (EPS calculation, cash flow classification).
- Grant Thornton LLP engaged as new independent registered public accounting firm for FY 2024.
- Grant Thornton previously served as Sunergy's auditor prior to the business combination with ESGEN Acquisition.
- Auditor change approved by Audit Committee; BDO letter attached as Exhibit 16.1.