<a href="https://laohu8.com/S/FNVTF">Finnovate Acquisition Corp.</a> Alerts Investors: 2024 Annual Report Contains Unaudited Financials, Plans Amendment Following Audit Discrepancy
Finnovate Acquisition Corp. recently announced a regulatory issue concerning its financial reporting. The company disclosed that its Annual Report on Form 10-K for the fiscal year ended December 31, 2024, included unaudited financial statements for the year ended December 31, 2023. This was due to Marcum LLP, the company's former independent registered public accounting firm, notifying Finnovate that it had not completed the necessary audit procedures to issue its audit report. As a result, Marcum did not authorize or sign the audit report included in the 2024 Annual Report. Finnovate intends to file an amended report to correct this deficiency, updating specific sections to include the authorized audit report and new certifications by its principal executive and financial officers. The audit committee and company management have discussed these issues with Marcum.
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. Finnovate Acquisition Corp. 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: 0001641172-25-014577), on June 11, 2025, and is solely responsible for the information contained therein.
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