secwatch.observer — SEC 8-K summary
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Issuer:     Legacy Housing Corp (LEGH)
CIK:        0001436208
Form:       8-K
Filed at:   2022-08-03T23:59:59+00:00
Accession:  0001558370-22-011947
Event type: other_material
Sentiment:  negative
Materiality: 0.85
Item codes: 4.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Legacy Housing restates Q1-Q3 2021 financials; material weaknesses cited
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- Retained earnings to increase by $1.7M at Mar 31, 2021 and $1.9M at Jun 30, 2021.
- Net income adjustments: +$1.7M (Q1), +$0.2M (Q2), -$1.7M (Q3 2021).
- Errors include over/understatement of costs in accounts payable and inventory for periods.
- Management identified material weaknesses in internal control over financial reporting.
- Restated financials to be included in comprehensive 10-K for year ended Dec 31, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1436208/000155837022011947/0001558370-22-011947-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1436208/000155837022011947/legh-20220803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-22-011947

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