Sonida Senior Living Files 8-K: Accountant Change

TL;DR

SONIDA changes accountants, filing 8-K on 5/31.

AI Summary

Sonida Senior Living, Inc. filed an 8-K on June 3, 2024, reporting changes in its certifying accountant as of May 31, 2024. The filing also includes financial statements and exhibits. The company was formerly known as Capital Senior Living Corp.

Why It Matters

Changes in a company's certifying accountant can signal potential shifts in financial reporting or internal controls, warranting investor attention.

Risk Assessment

Risk Level: low — This filing primarily concerns administrative changes related to the company's auditors and does not appear to involve significant financial events.

Key Players & Entities

• SONIDA SENIOR LIVING, INC. (company) — Registrant
• May 31, 2024 (date) — Date of earliest event reported
• June 3, 2024 (date) — Filing date
• CAPITAL SENIOR LIVING CORP (company) — Former company name

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share SNDA New York Stock Exchange

Filing Documents

• snda-20240531.htm (8-K) — 30KB
• sndaex161sonidasenior_le.htm (EX-16.1) — 1KB
• sndaex161sonidasenior_le001.jpg (GRAPHIC) — 55KB
• 0001628280-24-026418.txt ( ) — 232KB
• snda-20240531.xsd (EX-101.SCH) — 2KB
• snda-20240531_lab.xml (EX-101.LAB) — 22KB
• snda-20240531_pre.xml (EX-101.PRE) — 13KB
• snda-20240531_htm.xml (XML) — 3KB

01 Changes in Registrant's Certifying Accountant

Item 4.01 Changes in Registrant's Certifying Accountant. On May 31, 2024, the Audit Committee (the "Audit Committee") of the Board of Directors (the "Board") of Sonida Senior Living, Inc. a Delaware corporation (the "Company") voted to dismiss RSM US LLP ("RSM"), effective May 31, 2024, as the Company's independent registered public accounting firm. The Company is in the final stages to complete a competitive bidding process to engage a new independent registered public accounting firm. The reports of RSM on the Company's consolidated financial statements as of and for the two most recent fiscal years ended December 31, 2023 and 2022 did not contain an adverse opinion or a disclaimer of opinion, nor were such reports qualified or modified as to uncertainties, audit scope or accounting principles, except that RSM's report dated March 30, 2023 contained an explanatory paragraph regarding the Company's ability to continue as a going concern for the year ended December 31, 2022. There was no such paragraph in RSM's report for the year ended December 31, 2023. During the Company's two most recent fiscal years ended December 31, 2023 and 2022, and in the subsequent interim periods through May 31, 2024: (i) there were no "disagreements" (within the meaning of Item 304(a)(1)(iv) of Regulation S-K and the related instructions under the Securities Exchange Act of 1934, as amended (the "Exchange Act")) between the Company and RSM on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of RSM, would have caused RSM to make reference to the subject matter of the disagreements in connection with its reports on the financial statements of the Company for such years and (ii) there were no reportable events as that term is defined in Item 304(a)(1)(v) of Regulation S-K except for the matters referenced below. As disclosed in Item 9A of each of the Company's An

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. 16.1 Letter of RSM, dated June 3, 2024 104 Cover Page Interactive Date File-formatted as Inline XBRL.

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. Date: Sonida Senior Living, Inc. June 3, 2024 By: /s/ KEVIN J. DETZ Name: Kevin J. Detz Title: Executive Vice President and Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR