Chain Bridge I (CBRRF): auditor change — Chain Bridge I terminates auditor Frank Rimerman after $200K error, material weakness

Chain Bridge I

Audit Committee terminated Frank, Rimerman effective April 4, 2025; engaged RBSM as new auditor.
Prior unaudited Q3 2024 financials restated due to $200K understatement of Bridge Financing Note liability; net income overstated.
Material weakness in internal controls over financial reporting identified as of Sept 30, 2024; remediation underway.
Frank, Rimerman's letter (Exhibit 16.1) filed with SEC; company states auditor agreed with disclosures.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.99

Chain Bridge I engaged RBSM, LLP as its auditor.

Action: engagement
Auditor: RBSM, LLP

Exact text from the filing

On April 4, 2025, the Audit Committee engaged RBSM, LLP (“RBSM”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2024, effective immediately.

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Source: SEC EDGAR

accession 0001213900-25-034607

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