Zapata Computing Holdings Inc. has announced a change in their certifying accountants, appointing Weinberg & Company, P.A. as their new independent registered public accounting firm for the fiscal years ending December 31, 2024 and 2023. This decision follows a period during which the company identified material weaknesses in its internal control over financial reporting. These weaknesses, communicated by the previous accounting firm Deloitte, included insufficient accounting personnel, ineffective risk assessment processes, inadequate control activities, and a lack of formal accounting policies and procedures. Despite these challenges, no reportable disagreements or events occurred during the fiscal years 2023 and 2022, other than the identified weaknesses. The company has taken steps to address these issues and improve their financial reporting processes.
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