{"schema_version":"secwatch.filing_event.v1","accession":"0001477932-23-003977","form_type":"8-K","ticker":null,"cik":"0001408057","company_name":"iCoreConnect Inc.","filed_at":"2023-05-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.734993+00:00","generated_at":"2026-06-14T14:20:25.820218+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"iCoreConnect to restate 2021/2022 financials due to warrant accounting errors; prior financials no longer reliable","bullets":["Restatement covers audited FY2021 and FY2022 annual reports and Q3 2021, Q1-Q3 2022 quarterly reports.","Improper accounting for warrants with down round provisions; non-cash charge required for incremental fair value of additional shares.","Material weakness in internal controls over complex financial instruments identified; governance deficiencies cited.","On May 23, 2023, company entered into agreements with warrant holders to eliminate down round provisions; modifications to be reflected."],"urls":{"canonical":"https://secwatch.observer/filing/0001477932-23-003977","json":"https://secwatch.observer/filing/0001477932-23-003977.json","markdown":"https://secwatch.observer/filing/0001477932-23-003977.md","text":"https://secwatch.observer/filing/0001477932-23-003977.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1408057/000147793223003977/0001477932-23-003977-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1408057/000147793223003977/icct_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T14:20:25.820218+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d4d8c1e3b72410ab6de45101cb14680a049dc8fd","claim":"iCoreConnect Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"Considering such restatements, the Company concluded that the financial statements included in the Impacted Filings should no longer be relied upon.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1408057/000147793223003977/0001477932-23-003977-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}