XTI Aerospace replaces CBIZ with KPMG as principal accountant
XTI Aerospace dismissed CBIZ CPAs P.C. effective June 26, 2026 and engaged KPMG LLP as its principal accountant, a decision approved by the Audit Committee. The company stated there were no disagreements with CBIZ on accounting principles, practices, or disclosures, and CBIZ's audit report on the year ended December 31, 2025 contained no adverse opinion or qualified language. CBIZ had been the company's auditor since April 15, 2025, when it replaced Marcum LLP.
Key facts
- CBIZ CPAs P.C. dismissed effective June 26, 2026
- KPMG LLP engaged as principal accountant
- No disagreements with CBIZ on accounting principles, practices, disclosure, or audit scope from April 15, 2025 through June 26, 2026
- CBIZ audit report for year ended December 31, 2025 contained no adverse opinion, disclaimer, or qualified language
- Marcum LLP dismissed effective April 15, 2025; CBIZ appointed that date
Why it matters
The change to KPMG, a Big Four firm, represents an upgrade from mid-sized CBIZ, which itself had replaced Marcum LLP—a national firm that faced significant SEC and PCAOB enforcement in 2023 for systemic audit quality failures across its SPAC engagements.
Developing story
- SCHEDULE 13D
- NT 10-K
- 8-Kthis filing
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Derived from 8-K filed 2026-06-26. Not investment advice. View the source filing on SEC.gov →