other material
confidence high
sentiment neutral
materiality 0.35
CytoDyn swaps auditor from Marcum to CBIZ after Marcum resignation; no accounting disagreements
CytoDyn Inc.
- Marcum LLP resigned as independent auditor effective May 14, 2025; CBIZ CPAs P.C. engaged same day for FY ending May 31, 2025.
- Marcum's attest business was acquired by CBIZ on Nov 1, 2024; substantially all attest staff joined CBIZ.
- Marcum's FY 2024 audit report had no adverse opinion but noted substantial doubt about going concern.
- No disagreements or reportable events between CytoDyn and Marcum during FY 2024 and interim through resignation.