secwatch.observer — SEC 8-K summary
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Issuer:     MDWerks, Inc. (MDWK)
CIK:        0001295514
Form:       8-K
Filed at:   2023-05-19T23:59:59+00:00
Accession:  0001493152-23-018318
Event type: other_material
Sentiment:  negative
Materiality: 0.75
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

MDwerks to restate 2022 financials after omitted bank account; material weakness found
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- Auditor M&K notified MDwerks that 2022 financials should be restated and no longer relied upon.
- A bank account was omitted from the 10-K, causing understatement of expenses and cash balance.
- Errors had a material impact; company will file amended 10-K with restated financials.
- Material weakness in internal controls and ineffective disclosure controls as of Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223018318/0001493152-23-018318-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1295514/000149315223018318/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018318

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