{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-25-008065","form_type":"8-K","ticker":"ZSPC","cik":"0001637147","company_name":"zSpace, Inc.","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.155056+00:00","generated_at":"2026-05-20T22:34:02.258988+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"zSpace dismisses BDO as auditor, appoints UHY for FY2025; BDO reports had going concern qualification","bullets":["Audit Committee approved UHY LLP as independent auditor for FY2025 and dismissed BDO USA, P.C., effective May 16, 2025.","BDO's reports for 2024 and 2023 contained no adverse opinions except a qualification regarding going concern.","No disagreements with BDO on accounting principles or audit scope through May 16, 2025.","Material weaknesses in internal controls were previously disclosed in the FY2024 10-K (Item 9A).","Company did not consult UHY on accounting matters prior to appointment."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-25-008065","json":"https://secwatch.observer/filing/0001558370-25-008065.json","markdown":"https://secwatch.observer/filing/0001558370-25-008065.md","text":"https://secwatch.observer/filing/0001558370-25-008065.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025008065/0001558370-25-008065-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025008065/zspc-20250516x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T22:34:02.258988+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":"4de8e7617b0e0a778bb01889e51a2b9ed2ca2b09","claim":"zSpace, Inc. dismissed BDO USA, P.C. as its auditor.","evidence_excerpt":"Also on May 16, 2025, the Committee dismissed BDO as the Company’s independent registered public accounting firm effective as of that date.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025008065/0001558370-25-008065-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"BDO USA, P.C."},{"label":"Successor","value":"UHY LLP"}],"fact_type":"auditor_change"},{"claim_id":"b717c947164c7792d8911224433303f319dd0d6c","claim":"zSpace, Inc. engaged UHY LLP as its auditor.","evidence_excerpt":"on May 16, 2025, the Committee approved the appointment of UHY LLP (\"UHY\") as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1637147/000155837025008065/0001558370-25-008065-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"UHY LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}