secwatch.observer — SEC 8-K summary
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Issuer:     Samsara Luggage, Inc. (—)
CIK:        0001530163
Form:       8-K
Filed at:   2024-11-29T23:59:59+00:00
Accession:  0001213900-24-104148
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Samsara Luggage restates Q1-Q3 2024 financials; accounting error overstated Goodwill and Equity
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- Audit committee ruled Nov 27 that three 2024 Form 10-Qs are unreliable due to a common-control transaction recorded at fair value instead of book value.
- Error caused overstated Goodwill and Stockholders' Equity (Deficit) in quarterly filings ended March 31, June 30, and Sept 30, 2024.
- Company will file amended 10-Qs/A with restated unaudited financials and ASC 250 disclosures; auditor Bush & Associates will review.
- Samsara shares trade on OTC Pink under ticker SAML.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1530163/000121390024104148/0001213900-24-104148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1530163/000121390024104148/ea0222254-8k_samsara.htm
  HTML page:      https://secwatch.observer/filing/0001213900-24-104148

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