Horizon Kinetics Changes Accountants Amidst Equity Investment Disagreement

TL;DR

Horizon Kinetics swapped auditors due to accounting disagreements on equity investments.

AI Summary

Horizon Kinetics Holding Corp. announced on August 13, 2024, the departure of its certifying accountant, WithumSmith+Brown, PC. The company has appointed EisnerAmper LLP as its new independent registered public accounting firm. This change follows a disagreement regarding accounting for certain equity investments.

Why It Matters

A change in auditors, especially one involving disagreements over accounting practices, can signal potential issues with financial reporting and may lead to increased scrutiny from investors and regulators.

Risk Assessment

Risk Level: medium — Changes in auditors and disagreements over accounting can indicate underlying financial reporting issues.

Key Players & Entities

• Horizon Kinetics Holding Corp (company) — Registrant
• WithumSmith+Brown, PC (company) — Former Certifying Accountant
• EisnerAmper LLP (company) — New Certifying Accountant
• August 13, 2024 (date) — Date of earliest event reported

FAQ

Key Financial Figures

• $100,000 — nsation for non-management directors at $100,000 per year, inclusive of service on all c

Filing Documents

• slgdd-20240813.htm (8-K) — 55KB
• slgdd-ex16_1.htm (EX-16.1) — 6KB
• img112676284_0.jpg (GRAPHIC) — 17KB
• 0000950170-24-098502.txt ( ) — 201KB
• slgdd-20240813.xsd (EX-101.SCH) — 27KB
• slgdd-20240813_htm.xml (XML) — 4KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant. On August 13, 2024, the Audit Committee of the Board of Directors (the "Audit Committee") of Horizon Kinetics Holding Corporation (the "Company), formerly known as Scott's Liquid Gold-Inc. ("Scott's"), dismissed Weinberg & Company ("Weinberg") as the Company's independent registered public accounting firm. Weinberg had served in that capacity since December 2023, after Scott's previous independent registered public accounting firm, Plante & Moran, PLLC ("Plante & Moran"), had provided notice that it would not stand for re-appointment. Collectively, we refer to Weinberg and Plante & Moran as the "Prior Auditors." On August 13, 2024, the Audit Committee of the Company appointed Marcum LLP ("Marcum") as the Company's independent registered public accounting firm. Weinberg's report on Scott's consolidated financial statements for the most recent year ended December 31, 2023 did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles. During the two most recent years ended December 31, 2023 and 2022, and during the subsequent interim period through August 13, 2024, (i) there were no disagreements (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions thereto) between the Company and the Prior Auditors on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures, which disagreements, if not resolved to the relevant Prior Auditor's satisfaction, would have caused such Prior Auditor to make reference to the subject matter of the disagreements in connection with its report on the Company's consolidated financial statements for the relevant year, and (ii) there were no reportable events (as defined by Item 304(a)(1)(v) of Regulation S-K), except for the material weaknesses in internal control over financial reporting (A) first identi

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit Description 16.1 Letter from Weinberg & Company to the Securities and Exchange Commission dated August 19, 2024 . 104 Cover page interactive data file (embedded within the inline XBRL document)

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. HORIZON KINETICS HOLDING CORPORATION Date: August 19, 2024 By: /s/ Jay Kesslen Jay Kesslen General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR