secwatch.observer — SEC 8-K summary
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Issuer:     Inspired Entertainment, Inc. (INSE)
CIK:        0001615063
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001493152-23-043052
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 3.01, 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Inspired receives Nasdaq delisting notice for late Q3 10-Q; dismisses KPMG, hires Marcum
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- Nasdaq deficiency notice for late Q3 2023 10-Q; company has until Jan 22, 2024 to file or submit compliance plan.
- Dismissed KPMG as auditor on Nov 22, 2023; engaged Marcum LLP as new principal accountant for FY 2023.
- KPMG identified material weaknesses in internal controls and accounting errors re software capitalization; prior financials to be restated.
- Failure to regain compliance may lead to delisting of INSE common stock from Nasdaq.
- KPMG letter agrees with company statements except for board approval and Item 4.01(b) details.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1615063/000149315223043052/0001493152-23-043052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1615063/000149315223043052/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-043052

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