Latch dismisses Deloitte & Touche, appoints BDO USA as new auditor

Latch, Inc.

Deloitte dismissed as auditor after 2023 10-K filing; audit reports for 2022-2023 unqualified.
Company had material weaknesses in internal controls as of Dec 2022 and Dec 2023.
Restated financial statements for 2019-2021 and Q1 2022; those periods are no longer reliable.
BDO USA, P.C. appointed as independent auditor for fiscal year ending Dec 31, 2024.
No disagreements with Deloitte; Deloitte authorized to respond to BDO's inquiries.

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