SGRP SPAR Group, Inc.

BEARISH Impact: 7/10 8-K
Horizon immediate Filed Apr 13, 2026 Processed 1mo ago SEC 0001437749-26-012159
8-K material event: Items 4.01
Latest settled — T+20d
SGRP ▲ +8.47% at T+20d
SHORT call ✗ call lost -8.47% · α vs SPY -2.18% · entry $0.5900 → $0.6400
Next anchor: T+60d in 28d
Last close $0.7600 (close Jun 8) · -28.81% from $0.5900 entry (call sign-flipped)
Entry anchored
Apr 13, 03:57 PM ET
via Databento tick
T+1d
+1.69%
call -1.69% · α -0.92%
$0.6000
settled 8w ago
T+5d
+1.69%
call -1.69% · α -0.30%
$0.6000
settled 7w ago
T+20d
+8.47%
call -8.47% · α -2.18%
$0.6400
settled 4w ago
T+60d
call — · α —
in 28d

Price Chart

Loading chart...

Executive Summary

SPAR Group, Inc. dismissed its auditor BDO USA, P.C. and engaged Grant Thornton LLP as its new independent registered public accounting firm. This change raises concerns as BDO previously identified material weaknesses in internal controls related to financial statement close processes and accounting for deconsolidation of international components.

Actionable Insight

Monitor for potential restatements or delays in future filings, as auditor changes with material weaknesses present can indicate underlying financial reporting issues. The market may react negatively to this development.

Key Facts

  • Dismissed BDO USA, P.C. as independent registered accounting firm
  • Engaged Grant Thornton LLP as new independent registered public accounting firm
  • BDO identified material weaknesses in internal controls over financial reporting
  • Material weaknesses related to financial statement close process and accounting for deconsolidation of international components
  • No disagreements or reportable events with BDO other than the material weaknesses

Financial Impact

Potential financial impact due to auditor change and material weaknesses in internal controls

internal controlsaudit qualityfinancial reporting reliability

Risk Factors

  • Potential restatements of financial statements
  • Delays in future SEC filings
  • Continued material weaknesses in internal controls

Market Snapshot

Exchange
Nasdaq
Sector
Services-Business Services, NEC

Documents Analyzed

This report is based on 4 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001437749-26-012159
Document: 0001437749-26-012159-index-headers.html0001437749-26-012159
Document: 0001437749-26-012159-index.html0001437749-26-012159
Document: 0001437749-26-012159.txt0001437749-26-012159
10 reports for SGRP
Performance horizon
83% Hit rate 5 of 6 directional calls best @ T+5▲ +9.52%Mar 31, 2026
Filters
Rows
Reports for SGRP — sortable, filterable
Type Now
Jun 3, 2026
6d ago
8-K
BEARISH ★ 6/10
$0.7400 $0.7400· 0.00%▼ −2.60%$0.7600 (−2.70%)
May 12, 2026
28d ago
8-K
MIXED ★ 5/10
$0.6800 $0.6700▼ −1.47%▼ −2.05%$0.7600 (+11.76%)
May 12, 2026
28d ago
Press Release
MIXED ★ 5/10
$0.6800 $0.6700▼ −1.47%▼ −2.05%$0.7600 (+11.76%)
Apr 13, 2026
8w ago
8-K
BEARISH ★ 7/10
$0.5900 $0.6000▼ −1.69%▼ −0.92%$0.7600 (−28.81%)
Apr 8, 2026
8w ago
8-K
BEARISH ★ 8/10
$0.5700 $0.5600▲ +1.75%▲ +2.33%$0.7600 (−33.33%)
Mar 31, 2026
10w ago
8-K
BULLISH ★ 8/10
$0.6300 $0.5900▼ −6.35%▼ −7.10%$0.7600 (+20.63%)
Mar 31, 2026
10w ago
8-K
BEARISH ★ 8/10
$0.6300 $0.5900▲ +6.35%▲ +7.10%$0.7600 (−20.63%)
Mar 31, 2026
10w ago
Press Release
BULLISH ★ 7/10
$0.6300 $0.5900▼ −6.35%▼ −7.10%$0.7600 (+20.63%)
Mar 31, 2026
10w ago
Press Release
BEARISH ★ 6/10
$0.6300 $0.5900▲ +6.35%▲ +7.10%$0.7600 (−20.63%)
Mar 27, 2026
10w ago
Press Release
NEUTRAL ★ 3/10
$0.6800 $0.6300▼ −7.35%▼ −10.24%$0.7600 (+11.76%)
Showing 10 of 10

US Market Status

Market Closed — Opens in 7h 21m

Subscribe to SecBot

Get Real-Time SEC Filing Intelligence

Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.

Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access