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Arrive AI Inc. dismisses auditor Stephano Slack over material weakness in internal controls
ARAIArrive AI Inc.
Arrive AI Inc. replaced independent registered public accounting firm Stephano Slack LLC with M&K CPAS, PLLC effective October 13, 2026. The resignation follows a disclosed material weakness in internal control over financial reporting regarding the identification and fair value measurement of embedded derivatives in hybrid financial instruments. This deficiency previously necessitated restatements for fiscal year 2025 quarters ended June 30 and September 30. Stephano Slack's audit reports for the fiscal year ended December 31, 2025 included an explanatory paragraph regarding substantial doubt about the company’s ability to continue as a going concern. The separation was described as amicable with no accounting disagreements reported. Arrive AI Inc. develops artificial intelligence solutions.