BLUM HOLDINGS, INC. Files 8-K on Accountant Change

Ticker: BLMH · Form: 8-K · Filed: Jul 24, 2024 · CIK: 1996210

Blum Holdings, INC. 8-K Filing Summary
FieldDetail
CompanyBlum Holdings, INC. (BLMH)
Form Type8-K
Filed DateJul 24, 2024
Risk Levellow
Pages2
Reading Time3 min
Sentimentneutral

Sentiment: neutral

Topics: auditor-change, financial-reporting

Related Tickers: BLMH

TL;DR

BLUM HOLDINGS, INC. (BLMH) filed an 8-K today regarding a change in their auditor. Details are light.

AI Summary

On July 19, 2024, BLUM HOLDINGS, INC. filed an 8-K report. The filing primarily concerns changes in the registrant's certifying accountant and includes financial statements and exhibits. No specific financial figures or new accounting firms were detailed in the provided excerpt.

Why It Matters

Changes in a company's certifying accountant can signal potential issues with past financial reporting or a desire for a fresh perspective on financial statements.

Risk Assessment

Risk Level: low — The filing is procedural and does not disclose any immediate financial distress or significant operational changes.

Key Players & Entities

FAQ

What is the primary reason for BLUM HOLDINGS, INC. filing this 8-K?

BLUM HOLDINGS, INC. filed this 8-K to report changes in its certifying accountant and to include financial statements and exhibits.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on July 19, 2024.

What is the principal executive office address for BLUM HOLDINGS, INC.?

The principal executive office address for BLUM HOLDINGS, INC. is 3242 S. Halladay St., Suite 202, Santa Ana, California 92705.

What is the telephone number for BLUM HOLDINGS, INC.?

The telephone number for BLUM HOLDINGS, INC. is (888) 909-5564.

What is the SIC code for BLUM HOLDINGS, INC.?

The Standard Industrial Classification (SIC) code for BLUM HOLDINGS, INC. is 5900, which falls under RETAIL-MISCELLANEOUS RETAIL.

Filing Stats: 728 words · 3 min read · ~2 pages · Grade level 13.1 · Accepted 2024-07-24 15:53:02

Filing Documents

01. Changes in Registrant ' s Certifying Accountant

Item 4.01. Changes in Registrant ' s Certifying Accountant. Resignation of Matsuura and Appointment of GuzmanGray due to Merger On June 30, 2024, the audit practice of Matsuura, an independent registered public accounting firm, was combined in a transaction pursuant to which Matsuura merged its operations with GuzmanGray. On July 19, 2024, Matsuura resigned as auditors of Blum Holdings, Inc. (the "Company") and with the approval of the Audit Committee of the Company's Board of Directors, GuzmanGray was engaged as its independent registered public accounting firm effective July 19, 2024. The Audit Committee also approved the assumption by GuzmanGray of the engagement agreement originally entered into between the Company and Matsuura on April 23, 2024. Prior to engaging GuzmanGray, the Company did not consult with GuzmanGray regarding application of accounting principles to a specific completed or contemplated transaction or regarding the type of audit opinions that might be rendered by GuzmanGray on the Company's financial statements, and GuzmanGray did not provide any written or oral advice that was an important factor considered by the Company in reaching a decision as to any such accounting, auditing or financial reporting issue. During the interim period from April 23, 2024 through July 19, 2024, the date of Matsuura's resignation, there were no disagreements with Matsuura on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Matsuura, would have caused it to make reference to such disagreement in its reports. During the interim period from April 23, 2024 through July 19, 2024, there were no "reportable events" as defined under Item 304(a)(1)(v) of Regulation S-K. The Company provided Matsuura with a copy of this Current Report on Form 8-K prior to its filing with the Securities and Exchange Commission and requested that Matsuura furni

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit Description 16.1 Letter from Matsuura to the Securities and Exchange Commission dated July 24, 2024. 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document). 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BLUM HOLDINGS, INC. Date: July 24, 2024 By: /s/ Sabas Carrillo Sabas Carrillo Chief Executive Officer

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