Paragon 28 Says On Jul. 30, Audit Committee Concluded That Previously Issued Audited Financial Statements For FY Ended Dec. 31 2023 And Quarters Ended March 31, 2023, June 30, 2023, September 30, 2023, and March 31, 2024 Should No Longer Be Relied Upon
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Paragon 28's audit committee has concluded that the company's previously issued audited financial statements for the fiscal year ended December 31, 2023, and the quarters ended March 31, 2023, June 30, 2023, September 30, 2023, and March 31, 2024, should no longer be relied upon.
July 31, 2024 | 2:28 pm
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Paragon 28's audit committee has determined that the company's financial statements for FY 2023 and several quarters should no longer be relied upon, which could lead to significant investor concern and potential stock price volatility.
The audit committee's conclusion that the financial statements should no longer be relied upon is a serious issue that can lead to a loss of investor confidence, potential regulatory scrutiny, and stock price volatility.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100