secwatch.observer — SEC 8-K summary
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Issuer:     ADVENT TECHNOLOGIES HOLDINGS, INC. (ADNH)
CIK:        0001744494
Form:       8-K
Filed at:   2024-09-20T23:59:59+00:00
Accession:  0001829126-24-006387
Event type: other_material
Sentiment:  negative
Materiality: 0.90
Item codes: 4.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Advent Technologies dismisses EY as auditor, appoints M&K; loses EU grant eligibility
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- Ernst & Young (EY) resigned as auditor on Sept 17, 2024; Audit Committee appointed M&K CPAS, PLLC on Sept 20.
- EY's 2023 audit report included a going concern explanatory paragraph; no other disagreements except a material weakness in internal controls.
- Subsidiary Advent Technologies SA notified on Sept 16, 2024 by Greek Ministry of Finance of ineligibility for IPCEI grant (Green HiPo) due to financial condition.
- Advent Technologies SA filed an appeal against the grant ineligibility decision.
- No disagreements or reportable events occurred with EY during the past two fiscal years and subsequent interim period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624006387/0001829126-24-006387-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1744494/000182912624006387/adventtechnologies_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-24-006387

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