other material
confidence high
sentiment negative
materiality 0.90
Onconetix, Inc. (ONCO): auditor change — Onconetix auditor EisnerAmper resigns; material weaknesses persist
Onconetix, Inc.
- EisnerAmper LLP resigned as auditor on Oct 15, 2024, effective upon filing of Q3 2024 10-Q.
- EA's audit report for FY2023 included a going-concern explanatory paragraph.
- No disagreements during engagement, but material weaknesses in internal controls reported (e.g., segregation of duties, IT controls).
- Company provided EA disclosure; EA letter filed as Exhibit 16.1.