secwatch.observer — SEC 8-K summary
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Issuer:     Osprey Bitcoin Trust (OBTC)
CIK:        0001767057
Form:       8-K
Filed at:   2026-06-22T20:45:28+00:00
Accession:  0001493152-26-029608
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Osprey Bitcoin Trust replaces auditor Grant Thornton with Cherry Bekaert; material weakness still not remediated
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- Dismissed Grant Thornton LLP as independent auditor effective June 16, 2026; no adverse audit opinions in prior two fiscal years.
- Engaged Cherry Bekaert LLP as new independent registered public accounting firm effective June 17, 2026 for FY 2026.
- Material weakness in internal control over oversight of administrator process led to audit adjustment for FY 2025, but no misstatements.
- Material weakness not fully remediated as of March 31, 2026; remediation efforts continue.
- No disagreements or reportable events other than the existing material weakness.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1767057/000149315226029608/0001493152-26-029608-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1767057/000149315226029608/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-26-029608

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