---
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"
generated_at: "2026-05-23T08:23:38.243877+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FGI Industries auditor Marcum resigns; CBIZ appointed; material weaknesses disclosed

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-019368
- JSON: https://secwatch.observer/filing/0001628280-25-019368.json
- Plain text: https://secwatch.observer/filing/0001628280-25-019368.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.