Flash FinanceUS
After hours S&P 5007,549.94+2.35% Nasdaq25,253.14+2.74% Dow 3052,389.75+2.15% Russell 20002,840.81+3.15% Nasdaq-10027,907.62+3.40% MidCap 4003,715.23+3.13% SmallCap 6001,722.37+2.89% VIX19.92-22.31% 10Y Yield4.86+0.10% Close of Nov 09, 2026
AI brief of an SEC Form 8-K · SYNTEC OPTICS HOLDINGS, INC. (OPTX)

Syntec Optics dismisses CBIZ CPAs, hires Withum after disclosing material weaknesses

Negative Impact 4 of 5 leadership Written later

Syntec Optics' Audit Committee dismissed CBIZ CPAs as its independent auditor effective August 19, 2026, and appointed WithumSmith+Brown, PC as successor. The filing discloses several material weaknesses in internal control over financial reporting that CBIZ CPAs identified, including gaps in journal entry review, related-party transaction controls and cybersecurity-related IT controls.

Key points

  • Audit Committee approved the dismissal of CBIZ CPAs P.C. and the appointment of WithumSmith+Brown, PC on August 19, 2026
  • CBIZ CPAs' audit report on fiscal 2025 financial statements contained no adverse opinion, disclaimer, or qualification
  • Reportable events include material weaknesses in journal entry review, account reconciliations, related-party transactions, non-routine transactions and IT general controls
  • Withum's engagement begins with the review of the quarter ending September 30, 2026 and covers the fiscal 2026 audit

The filing

CompanySYNTEC OPTICS HOLDINGS, INC. (OPTX)
Form8-K, current report
Filed with the SECAug 25, 2026, 4:30 PM ET
Accession number0001493152-26-040058

Items reported: 4.01 Auditor Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 25, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.