---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-24-031246"
form_type: "8-K"
ticker: null
cik: "0001063537"
company_name: "RiceBran Technologies"
filed_at: "2024-10-15T23:59:59+00:00"
generated_at: "2026-05-30T14:22:23.382397+00:00"
event_type: "debt"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# RiceBran Technologies increases borrowing from Funicular Funds to $1.5M, auditor Withum resigns

## Summary
- Entered into a secured promissory note with Funicular Funds, increasing initial and delayed draw amount from $1.1M to $1.5M, with $1.3M already advanced.
- WithumSmith+Brown, PC resigned as independent registered public accounting firm effective October 10, 2024, with no disagreements.
- Withum's most recent report included a going concern explanatory paragraph.
- Company provided Withum with a copy of the disclosures and received a letter dated October 14, 2024.

## SEC filing metadata
- accession: 0001437749-24-031246
- form_type: 8-K
- cik: 0001063537
- company_name: RiceBran Technologies
- filed_at: 2024-10-15T23:59:59+00:00
- event_type: debt
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1063537/000143774924031246/0001437749-24-031246-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1063537/000143774924031246/ribt20241011_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-24-031246
- JSON: https://secwatch.observer/filing/0001437749-24-031246.json
- Plain text: https://secwatch.observer/filing/0001437749-24-031246.txt

## Key facts
- Auditor Changes
  WithumSmith+Brown, PC resigned as auditor of RiceBran Technologies.
  - Action: resignation
  - Auditor: WithumSmith+Brown, PC
  source text: On October 10, 2024, WithumSmith+Brown, PC (“Withum”) notified the Company that they were resigning as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1063537/000143774924031246/0001437749-24-031246-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.