secwatch.observer — SEC 8-K summary
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Issuer:     Lazydays Holdings, Inc. (—)
CIK:        0001721741
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0001628280-25-021079
Event type: other_material
Sentiment:  negative
Materiality: 0.80
Item codes: 4.02
LLM model:  deepseek-v4-flash:cloud@v2

Lazydays restates FY2024 financials; warrant liability overstatement of $16.3M
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- Audit committee concluded 2024 audited financials unreliable due to error in warrant liability fair value calculation.
- Error caused overstatement of warrant liabilities and loss on change in fair value by $16.3 million.
- Board approved restatement on April 30, 2025; amended 10-K to be filed.
- Disclosure controls remained ineffective due to unremediated material weaknesses.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1721741/000162828025021079/0001628280-25-021079-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1721741/000162828025021079/gorv-20250429.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-021079

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