Metal Sky Star Acquisition Corp (MSSAF): auditor change — Metal Sky Star restates prior financials over trust asset classification errors

Metal Sky Star Acquisition Corp

• Management identified that trust cash should be long-term, not current; deferred underwriting commission should be long-term liability.
• Audit committee determined 2022 10-K and multiple 2022/2023 10-Qs and an 8-K should no longer be relied upon.
• Company will amend 2022 10-K and restate prior filings; no impact on cash or trust balance.
• Material weakness in internal control over financial reporting and ineffective disclosure controls were identified.