Gaucho Group Holdings, Inc.·8-K

Apr 30, 4:29 PM ET

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Gaucho Group Holdings, Inc. 8-K

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Gaucho Group Holdings, Inc. Changes Independent Auditor to CBIZ CPAs

What Happened Gaucho Group Holdings, Inc. announced on April 30, 2026 that Marcum LLP resigned as the company's independent registered public accounting firm and that, after Audit Committee approval, CBIZ CPAs P.C. was engaged effective immediately as the new independent registered public accounting firm. Marcum’s audit reports for the fiscal years ended December 31, 2023 and 2022 did not contain adverse or disclaimer opinions but included an explanatory paragraph about substantial doubt regarding the Company’s ability to continue as a going concern.

Key Details

  • Marcum LLP notified the Company of its resignation on April 30, 2026; CBIZ CPAs was engaged that same date following Audit Committee approval.
  • On November 1, 2024, CBIZ CPAs acquired Marcum’s attest business.
  • Marcum’s reports for fiscal years ended Dec 31, 2023 and 2022 included a going-concern explanatory paragraph.
  • No disagreements or new “reportable events” with Marcum were reported for 2022–2023 or through April 30, 2026, except previously disclosed material weaknesses in internal control (segregation of duties and IT general controls related to user provisioning/deprovisioning and cybersecurity). Marcum furnished a letter dated April 30, 2026 filed as Exhibit 16.1.

Why It Matters A change in independent auditor is a material governance event investors should note. The filing confirms prior going-concern disclosures and previously reported internal control weaknesses (including IT controls), which can affect the reliability and timing of financial reporting. The company has authorized Marcum to communicate with the successor auditor, and CBIZ CPAs has not previously provided accounting or audit advice to the Company, reducing potential conflicts but meaning investors will watch the transition and any future audit opinions closely.

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