other material
confidence high
sentiment neutral
materiality 0.55
Kairos Pharma replaces auditor Marcum with Weinberg; 2023 report had going concern
Kairos Pharma, LTD.
- Audit committee dismissed Marcum LLP and appointed Weinberg & Company effective April 23, 2025.
- Marcum's 2023 audit report included a going concern uncertainty; 2024 report had no such modification.
- No disagreements on accounting principles or audit scope occurred during Marcum's tenure.
- Material weaknesses in internal control over financial reporting were disclosed for 2024 and 2023.
- Marcum provided a letter agreeing with the statements in this 8-K filed as Exhibit 16.1.