secwatch.observer — SEC 8-K summary
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Issuer:     SkyWater Technology, Inc (SKYT)
CIK:        0001819974
Form:       8-K
Filed at:   2024-06-26T23:59:59+00:00
Accession:  0001819974-24-000022
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SkyWater dismisses Deloitte, hires KPMG; unremediated control weakness remains
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- Deloitte dismissed as auditor on June 21, 2024; KPMG engaged for FY ending Dec 29, 2024.
- No disagreements or reportable events except a material weakness in Control Activities component, including revenue accounting.
- Material weakness in Control Activities component (incl. revenue) was not remediated as of dismissal date.
- Deloitte's reports for FY2023 and FY2022 were unqualified; Deloitte's letter agreeing with statements filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1819974/000181997424000022/0001819974-24-000022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1819974/000181997424000022/skyt-20240621.htm
  HTML page:      https://secwatch.observer/filing/0001819974-24-000022

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