{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-24-079914","form_type":"8-K","ticker":"ISPR","cik":"0001948455","company_name":"Ispire Technology Inc.","filed_at":"2024-09-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:15.257944+00:00","generated_at":"2026-05-31T04:04:05.081947+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Ispire Technology restates prior financials due to cash flow classification errors","bullets":["Audit committee concludes errors in FY23 and Q1-Q2 FY24 financials are material; no further reliance.","Errors include misclassification of $875k in lease payments from financing to operating in FY23, $245k in Q1 FY24.","Omission of non-cash disclosure of ~$4.9M and ~$3.7M in ROU assets obtained for operating leases.","Reclassification of shipping/handling costs from selling to cost of revenue: $300k FY23, $45k Q1 FY24, $125k/$170k for Q2/six months FY24.","No impact to balance sheets, EPS, or net cash from investing; corrections to be filed in FY24 10-K and future 10-Qs."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-24-079914","json":"https://secwatch.observer/filing/0001213900-24-079914.json","markdown":"https://secwatch.observer/filing/0001213900-24-079914.md","text":"https://secwatch.observer/filing/0001213900-24-079914.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1948455/000121390024079914/0001213900-24-079914-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1948455/000121390024079914/ea0214507-8k_ispire.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T04:04:05.081947+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}