Nu Ride Inc. Changes Auditors to BDO USA, LLP
Ticker: NRDE · Form: 8-K · Filed: Apr 18, 2024 · CIK: 1759546
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Nu Ride Inc. swapped auditors from WithumSmith+Brown to BDO USA, effective April 17, 2024.
AI Summary
Nu Ride Inc. announced on April 17, 2024, that it has dismissed its independent registered public accounting firm, WithumSmith+Brown, PC. The company has engaged BDO USA, LLP as its new independent registered public accounting firm, effective April 17, 2024. This change follows a review of accounting firms by Nu Ride Inc.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which could impact investor confidence.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial restatements or other disclosures that may impact the company's financial health.
Key Players & Entities
- Nu Ride Inc. (company) — Registrant
- WithumSmith+Brown, PC (company) — Former independent registered public accounting firm
- BDO USA, LLP (company) — New independent registered public accounting firm
- April 17, 2024 (date) — Effective date of auditor change
FAQ
When was the decision to change auditors made?
The filing states the change was effective April 17, 2024, implying the decision was made on or before this date.
What was the reason for dismissing WithumSmith+Brown, PC?
The filing states the dismissal was a decision by Nu Ride Inc. and does not provide specific reasons beyond a review of accounting firms.
Has Nu Ride Inc. had any disagreements with WithumSmith+Brown, PC?
The filing explicitly states there were no disagreements or reportable events requiring disclosure between Nu Ride Inc. and WithumSmith+Brown, PC.
What is the effective date of the engagement of BDO USA, LLP?
BDO USA, LLP was engaged as the new independent registered public accounting firm effective April 17, 2024.
What is Nu Ride Inc.'s former name?
Nu Ride Inc.'s former names include Lordstown Motors Corp. and DiamondPeak Holdings Corp.
Filing Stats: 968 words · 4 min read · ~3 pages · Grade level 13.8 · Accepted 2024-04-18 06:30:55
Key Financial Figures
- $0.0001 — stered Class A common stock, par value $0.0001 per share NRDE OTC Pink Market Ind
Filing Documents
- d812581d8k.htm (8-K) — 27KB
- d812581dex161.htm (EX-16.1) — 2KB
- 0001193125-24-099841.txt ( ) — 150KB
- nrde-20240417.xsd (EX-101.SCH) — 2KB
- nrde-20240417_lab.xml (EX-101.LAB) — 18KB
- nrde-20240417_pre.xml (EX-101.PRE) — 11KB
- d812581d8k_htm.xml (XML) — 4KB
Financial Statements and Exhibits
Financial Statements and Exhibits. (d) Exhibits Exhibit Number Exhibit Description 16.1 Letter to Securities and Exchange Commission from KPMG LLP, dated April 17, 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. NU RIDE INC. By: /s/ William Gallagher Name: William Gallagher Date: April 18, 2024 Title: Chief Executive Officer, President, Secretary, and Treasurer