---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-011243"
form_type: "8-K"
ticker: "MAMO"
cik: "0001952853"
company_name: "Massimo Group"
filed_at: "2025-05-16T23:59:59+00:00"
generated_at: "2026-05-21T03:44:13.110043+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Massimo Group will restate FY2024 financials; sales down $1.9M, net income down $1.4M

## Summary
- Audit committee concluded FY2024 financials should no longer be relied upon due to misstatements.
- Restatement reduces sales by ~$1.9M and net income by ~$1.4M from underestimated holiday promotion markdowns.
- Material weakness in internal controls identified; disclosure controls not effective as of Dec 31, 2024 and Mar 31, 2025.
- Company plans to file amended 10-K (Amended 2024 Annual Report) to correct the errors.

## SEC filing metadata
- accession: 0001641172-25-011243
- form_type: 8-K
- ticker: MAMO
- cik: 0001952853
- company_name: Massimo Group
- filed_at: 2025-05-16T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1952853/000164117225011243/0001641172-25-011243-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1952853/000164117225011243/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-011243
- JSON: https://secwatch.observer/filing/0001641172-25-011243.json
- Plain text: https://secwatch.observer/filing/0001641172-25-011243.txt

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