5/5Lodging Fund REIT III, Inc.: Auditor change

Market data

n/a: no ticker symbol on the filing.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-06 to 2025-06-06. 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

"4.01 CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT. ​ (a) Dismissal of Independent Registered Public Accounting Firm ​ On May 1, 2025, based on the approval of the Audit Committee of the Board of Directors (the "Audit Committee") of Lodging Fund REIT III, Inc."

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: dismissed
Disagreements reported: yes
Former auditor: Marcum LLP · New auditor: RJI International CPAs

Why this score: disagreements reported; also within 90 days: Late annual report (NT 10-K), Late quarterly report (NT 10-Q)