---
schema_version: "secwatch.filing_event.v1"
accession: "0001839882-24-019317"
form_type: "8-K"
ticker: "CVU"
cik: "0000889348"
company_name: "CPI AEROSTRUCTURES INC"
filed_at: "2024-06-21T23:59:59+00:00"
generated_at: "2026-06-01T03:08:42.078528+00:00"
event_type: "regulatory"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# CPI Aerostructures settles SEC probe over 2018-2022 restatements; faces $400k penalty if remediation fails

## Summary
- Settlement with SEC via cease-and-desist order; company neither admits nor denies findings.
- Must fully remediate material weakness in ICFR and have effective controls by Dec 31, 2024.
- If compliance fails, a $400,000 civil penalty is due to SEC by June 30, 2025.
- SEC credited remedial actions: remediated all material weaknesses, revised SOX program, hired new personnel.
- CEO Dorith Hakim stated commitment to improving policies and ensuring compliance with the agreement.

## SEC filing metadata
- accession: 0001839882-24-019317
- form_type: 8-K
- ticker: CVU
- cik: 0000889348
- company_name: CPI AEROSTRUCTURES INC
- filed_at: 2024-06-21T23:59:59+00:00
- event_type: regulatory
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/889348/000183988224019317/0001839882-24-019317-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/889348/000183988224019317/cvu-8k_062024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001839882-24-019317
- JSON: https://secwatch.observer/filing/0001839882-24-019317.json
- Plain text: https://secwatch.observer/filing/0001839882-24-019317.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
