secwatch.observer — SEC 8-K summary
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Issuer:     Marqeta, Inc. (MQ)
CIK:        0001522540
Form:       8-K
Filed at:   2024-03-07T23:59:59+00:00
Accession:  0001628280-24-009637
Event type: other_material
Sentiment:  negative
Materiality: 0.55
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Marqeta dismisses EY, appoints KPMG as auditor; cites material weaknesses
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- Board audit committee dismissed EY as independent auditor effective March 1, 2024; no disagreements on accounting principles.
- KPMG engaged as new auditor for fiscal year ending December 31, 2024.
- Material weakness in internal control over business combination accounting reported in Q1 2023 10-Q.
- Additional material weakness in IT general controls related to revenue processes reported in FY2023 10-K.
- EY authorized to respond fully to KPMG inquiries on the reportable events.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1522540/000162828024009637/0001628280-24-009637-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1522540/000162828024009637/mq-20240301.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-009637

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer