other_material
confidence high
sentiment neutral
materiality 0.40
Damon Inc. replaces auditor Marcum with CBIZ CPAs after Marcum's acquisition by CBIZ
Damon Inc.
- Marcum resigned effective June 17, 2025; CBIZ CPAs appointed same day with audit committee approval.
- FY 2024 audit report from Marcum included a going-concern explanatory paragraph, no adverse opinion or disclaimer.
- No disagreements with Marcum; material weaknesses in internal controls over financial reporting previously identified.
- No consultations with CBIZ CPAs on accounting principles or disagreements prior to engagement.
- Marcum furnished a letter agreeing with the Company's statements, filed as Exhibit 16.1.
item 4.01item 9.01