Home / Restatements / Finnovate Acquisition Corp.

5/5Finnovate Acquisition Corp. (FNVTF): Non-reliance / restatement

Filed 2025-06-11 路 Form 8-K 路 Accession 0001641172-25-014577 cap n/a

Market data

n/a: no price data available for FNVTF.

Verified excerpt

"The Company's financial statements for the year ended December 31, 2023 included in the 2024 Annual Report are unaudited and should not be relied upon based on the deficiency noted above."

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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