Home / Restatements / Lazydays Holdings, Inc.

5/5Lazydays Holdings, Inc. (GORV): Non-reliance / restatement

Filed 2025-04-30 路 Form 8-K 路 Accession 0001628280-25-021079 nano

Market data

Price before filing: $6.67 (2025-04-29 close, split/dividend-adjusted)
Market cap at flag: $23.1M (2025-04-30) 路 Latest: $1.6M (2025-12-11)

What happened next

WindowGORVSPYvs SPY
30 days+24.1%+6.3%+17.8%2025-05-30
90 days-4.6%+14.9%-19.6%2025-07-29
180 days-66.4%+24.3%-90.7%2025-10-27

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.

Verified excerpt

"(the "Company"), after discussion with management and RSM US LLP, the Company's independent registered public accounting firm, concluded that its previously issued audited consolidated financial statements as of and for the year ended December 31, 2024 (the "Prior Financial Statements") should no longer be relied upon because of an error related to the fair value of warrant liabilities and that the Company needed to..."

Quoted from the filing. Source

What this means

The company says previously issued financial statements should no longer be relied upon (8-K Item 4.02). This is one of the most serious accounting red flags: past reported numbers were wrong and will be restated.

Why this score: also within 90 days: Going-concern doubt

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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