XCel Brands Inc. Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts

Reuters

05-30

XCel Brands Inc. Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts

XCel Brands Inc. has announced a change in its certifying accountants following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C., effective November 1, 2024. As a result, Marcum resigned as the independent registered public accounting firm for XCel Brands on May 27, 2025. CBIZ CPAs has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, with the approval of the company's Audit Committee. Marcum's audit reports for 2023 and 2024 contained no adverse opinions, but the 2024 report included a note on substantial doubt about XCel Brands' ability to continue as a going concern. XCel Brands has filed Marcum's agreement letter with the SEC as part of the transition process.

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. XCel Brands Inc. 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: 0001558370-25-008247), on May 29, 2025, and is solely responsible for the information contained therein.

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Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XCel Brands Inc. Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        XCel Brands Inc. has announced a change in its certifying accountants following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C., effective November 1, 2024. As a result, Marcum resigned as the independent registered public accounting firm for XCel Brands on May 27, 2025. CBIZ CPAs has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, with the approval of the company's Audit Committee. Marcum's audit reports for 2023 and 2024 contained no adverse opinions, but the 2024 report included a note on substantial doubt about XCel Brands' ability to continue as a going concern. XCel Brands has filed Marcum's agreement letter with the SEC as part of the transition process.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. XCel Brands Inc. 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. 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Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-05-30 04:48</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      XCel Brands Inc. Appoints CBIZ CPAs Following Marcum's Resignation Amid Going Concern Doubts\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        XCel Brands Inc. has announced a change in its certifying accountants following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C., effective November 1, 2024. As a result, Marcum resigned as the independent registered public accounting firm for XCel Brands on May 27, 2025. CBIZ CPAs has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, with the approval of the company's Audit Committee. Marcum's audit reports for 2023 and 2024 contained no adverse opinions, but the 2024 report included a note on substantial doubt about XCel Brands' ability to continue as a going concern. XCel Brands has filed Marcum's agreement letter with the SEC as part of the transition process.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>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. XCel Brands Inc. 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: 0001558370-25-008247), on May 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CBZ","symbol_name":"CBIZ Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250529:nNDL9ckwty:1","article_id":"2539296570","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2539296570","pubTimestamp":1748551720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"XCel Brands Inc. has announced a change in its certifying accountants following the acquisition of Marcum LLP's attest business by CBIZ CPAs P.C., effective November 1, 2024. 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CBIZ CPAs has been appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, with the approval of the company's Audit Committee. Marcum's audit reports for 2023 and 2024 contained no adverse opinions, but the 2024 report included a note on substantial doubt about XCel Brands' ability to continue as a going concern. XCel Brands has filed Marcum's agreement letter with the SEC as part of the transition process.\n      \n\nDisclaimer: 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. 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