Irenic Acquisition Corp. has dismissed CBIZ CPAs P.C. as its independent registered public accounting firm, effective September 2, 2026. The decision was approved by the Company's Audit Committee. The Company stated that the change was not the result of any disagreements with CBIZ CPAs.
According to the filing, CBIZ CPAs' audit reports on the Company's financial statements as of March 6, 2026, and for the period from March 4, 2026 (inception) through March 6, 2026, did not contain an adverse opinion or disclaimer of opinion. However, the report for the period from March 4, 2026, through March 6, 2026 included an explanatory paragraph regarding substantial doubt about the Company's ability to continue as a going concern.
The Company also disclosed that its Chief Executive Officer and Chief Financial Officer concluded that the Company's disclosure controls and procedures were not effective as of June 30, 2026. This conclusion was based on a material weakness in the Company's internal control over financial reporting related to the financial statement review process, which failed to identify financial reporting errors.
On September 3, 2026, the Company engaged WithumSmith+Brown, PC as its new independent registered public accounting firm to audit the Company's financial statements for the fiscal year ending December 31, 2026, and to review the quarterly financial statements for the quarter ended September 30, 2026.
