Beam Global (BEEM): auditor change — Beam Global dismisses auditor RSM; former CFO McDermott to consult at $225/hr

Beam Global

Dismissed RSM US LLP as independent auditor on Jan 3, 2024; new auditor search underway.
No accounting disagreements, but material weaknesses in inventory control (FY 2021-2022) and purchase price valuation (Q1 2022) were noted.
Former CFO Kathy McDermott entered consulting agreement effective Jan 1, 2024 at $225 per hour, ending March 31, 2024.
Consulting role supports current CFO on an as-needed basis; extension requires mutual agreement.

item 4.01 item 5.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Beam Global dismissed RSM US LLP as its auditor.

Action: dismissal
Auditor: RSM US LLP

Exact text from the filing

On January 3, 2024, Beam Global (the "Company") dismissed RSM US LLP (“RSM”) as the Company’s independent registered public accounting firm.

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Source: SEC EDGAR

accession 0001683168-24-000135

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