4/5Precipio, Inc. (PRPO): Auditor change

Filed 2025-04-10 · Form 8-K · Accession 0001104659-25-033457 nano

Market data

Price before filing: $5.69 (2025-04-09 close, split/dividend-adjusted)
Market cap at flag: $8.2M (2025-04-10) · Latest: $38.2M (2026-10-16)

What happened next

Window	PRPO	SPY	vs SPY
30 days	+10.5%	+6.3%	+4.3%	2025-05-12
90 days	+184.7%	+14.1%	+170.6%	2025-07-09
180 days	+229.5%	+22.7%	+206.9%	2025-10-07

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: 1 insider bought $474 (1 purchase)
30 days after: none reported.

Date	Insider	Type	Shares	Price	Value	10b5-1 plan	Source
2025-04-02	Sabet Ahmed Zaki Chief Operating Officer	Purchase	79	$6.00	$474	yes	Form 4
2025-04-10: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-01-10 to 2025-05-10. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"On April 9, 2025, Marcum informed Precipio Inc (the "Company") that Marcum resigned as the Company's independent registered public accounting firm as a result of such acquisition."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: Marcum LLP · New auditor: CBIZ CPAs P.C.

Why this score: auditor resigned

Read the original filing on SEC.gov →