secwatch.observer — SEC 8-K summary
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Issuer:     iBio, Inc. (IBIO)
CIK:        0001420720
Form:       8-K
Filed at:   2024-02-21T23:59:59+00:00
Accession:  0001420720-24-000008
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

iBio replaces auditor CohnReznick with Grassi; prior audit included going concern note
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- Audit Committee approved Grassi & Co. as new auditor for FY ending June 30, 2024; engagement effective Feb 20, 2024.
- CohnReznick resigned effective Feb 15, 2024; its FY2023 report included a going concern explanatory paragraph.
- No disagreements or reportable events, apart from a remediated material weakness in stock-based compensation accounting.
- Resignation not initiated by Audit Committee; competitive process led to selection of Grassi.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1420720/000142072024000008/0001420720-24-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1420720/000142072024000008/ibio-20240215x8k.htm
  HTML page:      https://secwatch.observer/filing/0001420720-24-000008

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