home · filing · 0001558370-25-008247
8-K filed May 29, 2025, 7:59 PM ET
ticker XELB
CIK 0001083220
other material
confidence high
sentiment neutral
materiality 0.55
XCel Brands, Inc. (XELB): auditor change — Xcel Brands replaces Marcum with CBIZ CPAs as auditor; 2024 report had going concern note
XCel Brands, Inc.
Marcum LLP resigned as independent auditor effective May 27, 2025, due to acquisition of its attest business by CBIZ CPAs.
Audit Committee approved engagement of CBIZ CPAs as successor auditor for fiscal year ending Dec 31, 2025.
No disagreements with Marcum on accounting principles or audit scope during 2023, 2024, or subsequent interim period.
Marcum's 2024 audit report included an explanatory paragraph about substantial doubt as a going concern, previously disclosed.
Material weaknesses as of Dec 31, 2024 were noted but no other reportable events.
Key facts
Extracted from this filing and checked against the source text.
Auditor Changes
SEC 8-K Item 4.01/4.02
confidence 0.9
Marcum LLP resigned as auditor of XCel Brands, Inc..
Action resignation
Auditor Marcum LLP
Successor CBIZ CPAs P.C.
Exact text from the filing
On May 27, 2025, Marcum resigned as the independent registered public accounting firm of Xcel Brands, Inc.
View on SEC.gov
Auditor Changes
SEC 8-K Item 4.01/4.02
confidence 0.9
XCel Brands, Inc. engaged CBIZ CPAs P.C. as its auditor.
Action engagement
Auditor CBIZ CPAs P.C.
Exact text from the filing
CBIZ CPAs was engaged as the Company’s independent registered public accounting firm for the year ending December 31, 2025.
View on SEC.gov
Source: SEC EDGAR
accession 0001558370-25-008247
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