{"schema_version":"secwatch.filing_event.v1","accession":"0001554795-24-000113","form_type":"8-K","ticker":"RCAT","cik":"0000748268","company_name":"Red Cat Holdings, Inc.","filed_at":"2024-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.896523+00:00","generated_at":"2026-06-02T14:39:23.471137+00:00","sec_items":["4.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Red Cat Holdings dismisses auditor BF Borgers after SEC permanently bars firm","bullets":["SEC permanently barred BF Borgers from practicing before the Commission, effective May 3, 2024.","Company dismissed BF Borgers as independent auditor on May 6, 2024, effective immediately.","Prior audit reports for FY 2023 and 2022 included a going concern qualification but no adverse opinions or disagreements.","Company is in discussions with several audit firms to engage a new independent auditor.","No reportable events or disagreements existed between company and BF Borgers."],"urls":{"canonical":"https://secwatch.observer/filing/0001554795-24-000113","json":"https://secwatch.observer/filing/0001554795-24-000113.json","markdown":"https://secwatch.observer/filing/0001554795-24-000113.md","text":"https://secwatch.observer/filing/0001554795-24-000113.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/748268/000155479524000113/0001554795-24-000113-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/748268/000155479524000113/rcat0508form8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T14:39:23.471137+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"c37044f501647963ea304ea541e7cd6769c607f9","claim":"Red Cat Holdings, Inc. dismissed BF Borgers CPA PC as its auditor.","evidence_excerpt":"In light of the Order, effective as of May 6, 2024, the Company's audit committee unanimously approved the decision to dismiss BF Borgers as the Company's independent registered public accounting firm.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/748268/000155479524000113/0001554795-24-000113-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BF Borgers CPA PC"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}