secwatch.observer — SEC 8-K summary
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Issuer:     Lodging Fund REIT III, Inc. (—)
CIK:        0001745032
Form:       8-K
Filed at:   2025-05-07T23:59:59+00:00
Accession:  0001558370-25-006700
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lodging Fund REIT III dismisses Marcum, appoints RJI as new auditor
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- Marcum dismissed as auditor effective May 1, 2025; no adverse opinion or qualified reports for FY2024 and FY2023.
- No disagreements with Marcum; only reportable event was a previously disclosed material weakness in internal controls related to a 2022 acquisition.
- The material weakness has been remediated as of December 31, 2024; controls are now effective.
- Audit Committee engaged RJI International CPAs as new independent auditor; no prior consultations on accounting matters.
- Marcum furnished letter to SEC agreeing with disclosures filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1745032/000155837025006700/0001558370-25-006700-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1745032/000155837025006700/lfr-20250501x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-25-006700

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