CuriosityStream Changes Auditors

TL;DR

CURI is changing its auditors, moving on from WithumSmith+Brown, PC.

AI Summary

CuriosityStream Inc. filed an 8-K on April 2, 2024, reporting a change in its certifying accountant. The company's former independent registered public accounting firm, WithumSmith+Brown, PC, was dismissed on March 27, 2024. The audit committee of the board of directors approved the dismissal.

Why It Matters

A change in auditors can sometimes signal underlying issues with financial reporting or internal controls, though it can also be a routine business decision.

Risk Assessment

Risk Level: medium — A change in auditors, especially without a clear stated reason beyond routine, can sometimes precede or coincide with other financial or operational challenges.

Key Players & Entities

• CuriosityStream Inc. (company) — Registrant
• WithumSmith+Brown, PC (company) — Former Certifying Accountant
• March 27, 2024 (date) — Date of dismissal of former auditor
• April 2, 2024 (date) — Filing date of the 8-K

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 CURI NASDAQ Warrants, each exercisable
• $11.50 — of Common stock at an exercise price of $11.50 per share CURIW NASDAQ Indicate by ch

Filing Documents

• curi-20240327.htm (8-K) — 31KB
• exhibit161letterfromernsty.htm (EX-16.1) — 2KB
• 0001628280-24-014407.txt ( ) — 208KB
• curi-20240327.xsd (EX-101.SCH) — 3KB
• curi-20240327_def.xml (EX-101.DEF) — 16KB
• curi-20240327_lab.xml (EX-101.LAB) — 30KB
• curi-20240327_pre.xml (EX-101.PRE) — 17KB
• curi-20240327_htm.xml (XML) — 4KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant. The Audit Committee (the "Audit Committee") of the Board of Directors (the "Board") of CuriosityStream Inc. (the "Company") has completed a process to review the appointment of the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. As a result of this process, on March 27, 2024, the Company, with the approval of the Audit Committee, appointed Grant Thornton LLP ("Grant Thornton") as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2024. Also on March 27, 2024, Ernst & Young LLP ("EY") informed the Company that it has declined to stand for re-election as the Company's registered public accounting firm for the audit of the fiscal year ended December 31, 2024. EY's reports on the Company's consolidated financial statements as of and for the fiscal years ended December 31, 2023, and 2022, did not contain any adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting principles. During the fiscal years ended December 31, 2023, and 2022, and the subsequent interim period through March 27, 2024, there were: (i) no "disagreements" within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions between the Company and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to EY's satisfaction, would have caused EY to make reference to them in its reports; and (ii) no "reportable events" within the meaning of Item 304(a)(1)(v) of Regulation S-K. The Company provided EY with a copy of the disclosures the Company is making in this Current Report on Form 8-K and requested that EY furnish a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made herein. A copy of EY's l

01 Financial Statement and Exhibits

Item 9.01 Financial Statement and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter from Ernst & Young LLP to the Securities and Exchange Commission, dated April 2, 2024 104 Cover Page Interactive Data File (embedded within the inline XBRL document) SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Current Report to be signed on its behalf by the undersigned hereunto duly authorized. CURIOSITYSTREAM INC. Date: April 2, 2024 /s/ Tia Cudahy Tia Cudahy Chief Operating Officer and General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR