---
schema_version: "secwatch.filing_event.v1"
accession: "0001731122-24-000921"
form_type: "8-K"
ticker: "IVDN"
cik: "0001190370"
company_name: "INNOVATIVE DESIGNS INC"
filed_at: "2024-06-06T23:59:59+00:00"
generated_at: "2026-06-01T05:48:48.295606+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Innovative Designs dismisses auditor RW Group; CEO acted without board approval

## Summary
- CEO Joseph Riccelli dismissed RW Group as independent auditor on June 3, 2024; board did not recommend or approve.
- RW Group's FY 2022 and 2023 audit reports included a going-concern explanatory paragraph but no adverse opinion.
- No disagreements or reportable events occurred during FY 2022, 2023, or through January 31, 2024.
- RW Group provided a letter agreeing with the 8-K statements, filed as Exhibit 16.1.

## SEC filing metadata
- accession: 0001731122-24-000921
- form_type: 8-K
- ticker: IVDN
- cik: 0001190370
- company_name: INNOVATIVE DESIGNS INC
- filed_at: 2024-06-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1190370/000173112224000921/0001731122-24-000921-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1190370/000173112224000921/e5727_8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001731122-24-000921
- JSON: https://secwatch.observer/filing/0001731122-24-000921.json
- Plain text: https://secwatch.observer/filing/0001731122-24-000921.txt

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