{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-019368","form_type":"8-K","ticker":"FGI","cik":"0001864943","company_name":"FGI Industries Ltd.","filed_at":"2025-04-23T23:59:59+00:00","discovered_at":"2026-05-14T18:02:50.240352+00:00","generated_at":"2026-05-23T08:23:38.243877+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"FGI Industries auditor Marcum resigns; CBIZ appointed; material weaknesses disclosed","bullets":["Marcum LLP resigned as FGI's independent auditor effective April 22, 2025; CBIZ CPAs P.C. engaged same day.","No disagreements with Marcum on accounting principles or audit scope during 2023-2024 or through resignation.","Material weaknesses identified: inadequate segregation of duties for journal entries; insufficient management review of account reconciliations and loan covenant calculations.","Marcum provided a letter agreeing with the statements in the 8-K, filed as Exhibit 16.1."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-019368","json":"https://secwatch.observer/filing/0001628280-25-019368.json","markdown":"https://secwatch.observer/filing/0001628280-25-019368.md","text":"https://secwatch.observer/filing/0001628280-25-019368.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1864943/000162828025019368/0001628280-25-019368-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1864943/000162828025019368/fgi-20250422.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T08:23:38.243877+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}