---
schema_version: "secwatch.filing_event.v1"
accession: "0001645873-23-000062"
form_type: "8-K"
ticker: "MDV"
cik: "0001645873"
company_name: "MODIV INDUSTRIAL, INC."
filed_at: "2023-03-31T23:59:59+00:00"
generated_at: "2026-06-17T07:58:50.548663+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Modiv Inc. replaces auditor Baker Tilly with Grant Thornton after competitive selection

## Summary
- Audit Committee engaged Grant Thornton as independent auditor for FY 2023, effective March 30, 2023.
- No disagreements with former auditor Baker Tilly during 2022, 2021, or interim 2023 period.
- Baker Tilly's reports for 2022 and 2021 were unqualified and contained no adverse opinion.
- Baker Tilly provided letter agreeing with statements; no consultations with Grant Thornton prior to hiring.

## SEC filing metadata
- accession: 0001645873-23-000062
- form_type: 8-K
- ticker: MDV
- cik: 0001645873
- company_name: MODIV INDUSTRIAL, INC.
- filed_at: 2023-03-31T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1645873/000164587323000062/0001645873-23-000062-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1645873/000164587323000062/cik0001645873-20230330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001645873-23-000062
- JSON: https://secwatch.observer/filing/0001645873-23-000062.json
- Plain text: https://secwatch.observer/filing/0001645873-23-000062.txt

## Key facts
- Auditor Changes
  MODIV INDUSTRIAL, INC. engaged Grant Thornton LLP as its auditor.
  - Action: engagement
  - Auditor: Grant Thornton LLP
  source text: (the “Company”) recently conducted a competitive selection process to determine the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. The Audit Committee of the Company’s Board of Directors (the “Audit Committee”) considered several public accounting firms in connection with this process and, as a result of this process, on March 30, 2023, the Audit Committee engaged Grant Thornton LLP (“Grant Thornton”) as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023, replacing Baker Tilly US, LLP (“Baker Tilly”), the Company’s former independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587323000062/0001645873-23-000062-index.htm
- Auditor Changes
  MODIV INDUSTRIAL, INC. dismissed Baker Tilly US, LLP as its auditor.
  - Action: dismissal
  - Auditor: Baker Tilly US, LLP
  source text: During the years ended December 31, 2022 and 2021, and during the interim period from January 1, 2023 through March 30, 2023, the date of Baker Tilly’s dismissal, there were no disagreements with Baker Tilly on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Baker Tilly, would have caused it to make reference to such disagreement in its reports.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1645873/000164587323000062/0001645873-23-000062-index.htm

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