Yotta Acquisition Corporation Dismisses Marcum LLP Amidst Reporting Weaknesses, Engages CBIZ CPAs

Reuters
05-01
<a href="https://laohu8.com/S/YOTA">Yotta Acquisition Corporation</a> Dismisses Marcum LLP Amidst Reporting Weaknesses, Engages CBIZ CPAs

**Yotta Acquisition Corporation Announces Change in Accounting Firm Amid Internal Control Concerns** Yotta Acquisition Corporation has announced a transition in its independent registered public accounting firm. Marcum LLP, which had served in this capacity, was dismissed on April 29, 2025, following the acquisition of its attest business by CBIZ CPAs P.C. The Audit Committee of Yotta's Board of Directors has approved CBIZ CPAs as the new accounting firm for the fiscal year ending December 31, 2025. During the interim period leading up to this change, Yotta reported no disagreements with Marcum regarding accounting principles or practices. However, the company identified material weaknesses in its internal controls over financial reporting for the fiscal years ending December 31, 2023, and 2024. These weaknesses included issues with segregation of duties, record keeping, and oversight by the audit committee, among others. Yotta has taken steps to address these concerns and has provided the necessary disclosures to Marcum and the Securities and Exchange Commission.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Yotta Acquisition Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-25-003139), on April 30, 2025, and is solely responsible for the information contained therein.

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