other_material
confidence high
sentiment neutral
materiality 0.55
Red Cat Holdings dismisses dbbmckennon as auditor, appoints KPMG
Red Cat Holdings, Inc.
- Audit Committee approved dismissal of dbbmckennon LLC effective August 28, 2025.
- Engaged KPMG LLP as new independent auditor for fiscal year ending December 31, 2025.
- Prior audit reports (FY 2023, 2024, 8 months ended Dec 2024) were unqualified with no adverse opinions.
- No disagreements with dbbmckennon on accounting principles; a material weakness had been previously disclosed.
- No consultations with KPMG prior to appointment on accounting or audit matters.
item 4.01