Abpro Holdings dismisses Marcum as auditor; engages Wolf & Company; cites material weaknesses

Abpro Holdings, Inc.

Effective Dec 9, 2024, Abpro dismissed Marcum LLP and engaged Wolf & Company as independent auditor.
No disagreements on accounting principles or audit scope; decision approved by Audit Committee.
Marcum's prior audit reports (FY 2022 & 2023) expressed substantial doubt about going concern.
Material weaknesses: failure to timely file tax returns, trust cash used for taxes/operations, over-accrual of expenses.
Marcum furnished a letter to SEC agreeing with the statements in this 8-K.

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