Know Labs, Inc. Announces Receipt of Audit Opinion with Going Concern Explanation
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Know Labs, Inc. has received an audit opinion with a going concern explanation, indicating potential financial instability. This was disclosed in their annual report filed with the SEC.

November 16, 2024 | 12:30 am
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Know Labs, Inc. received an audit opinion with a going concern explanation, suggesting potential financial instability. This could impact investor confidence and stock price.
The audit opinion with a going concern explanation indicates that the auditors have doubts about Know Labs' ability to continue as a going concern. This is a significant red flag for investors, as it suggests potential financial instability. Such news typically leads to a decrease in investor confidence and can negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100