other material
confidence high
sentiment negative
materiality 0.65
Loop Media, Inc.: auditor change — Loop Media dismisses Marcum, engages Grassi as new auditor; going concern noted
Loop Media, Inc.
- Marcum LLP dismissed as auditor on Dec 30, 2024; no disagreements or reportable events.
- New auditor Grassi & Co. appointed for FY2025, effective immediately.
- Marcum's audit report on FY2024 financials included a going concern explanatory paragraph.
- No consultations with Grassi on accounting principles prior to engagement.