other material
confidence medium
sentiment negative
materiality 0.55
Corner Growth Acquisition Corp.: auditor change — Corner Growth Acquisition Corp. dismisses auditor Hudgens CPA; no replacement yet
Corner Growth Acquisition Corp.
- Dismissed Hudgens CPA as independent auditor effective March 19, 2025, approved by board.
- No new auditor engaged; no disagreements on accounting principles or practices.
- Management identified material weaknesses in internal controls over complex financial instruments, accruals, and communication.
- Hudgens furnished a letter to SEC (Exhibit 16.1) agreeing with the disclosures.
- Engagement began November 2024; no financial statements were issued under Hudgens.