other material
confidence high
sentiment neutral
materiality 0.65
WeWork Inc.: auditor change — WeWork appoints Grant Thornton as new independent auditor during Chapter 11
WeWork Inc.
- Prior auditor declined reappointment after Chapter 11 filing; no disagreements.
- Audit Committee approved Grant Thornton engagement on April 3, 2024, subject to Bankruptcy Court final approval.
- GT to audit fiscal years ended Dec 31, 2023 and 2024 effective immediately.
- WeWork operates as debtor-in-possession under jurisdiction of New Jersey Bankruptcy Court.
- No prior consultations with GT on accounting or audit matters before appointment.