Brief: Ocugen Says Audit Committee Said Previously-Issued Audited Consolidated Financial Statements For Fiscal Year From Jan 1, 2020 Are Not To Be Relied Upon

Ocugen

01/04/2024 23:27

April 1 (Reuters) - Ocugen Inc  OCGN.O :
    * OCUGEN - AUDIT COMMITTEE SAID PREVIOUSLY-ISSUED AUDITED
CONSOLIDATED FINANCIAL STATEMENTS FOR  FISCAL YEAR FROM JAN 1,
2020 ARE NOT TO BE RELIED UPON
    * OCUGEN- PREVIOUSLY-ISSUED AUDITED CONSOLIDATED FINANCIAL
STATEMENTS FOR FIRST 3 QTRS IN FISCAL YEAR FROM JAN 1, 2020 ARE
NOT TO BE RELIED UPON
    * OCUGEN INC - DETERMINED THAT ERRORS RESULTED FROM
EXISTENCE OF A
MATERIAL WEAKNESS IN ITS INTERNAL CONTROL OVER FINANCIAL
REPORTING
    * OCUGEN INC - CEO AND CHIEF ACCOUNTING OFFICER CONCLUDED
THAT
CO'S DISCLOSURE CONTROLS AND PROCEDURES WERE NOT EFFECTIVE AS OF
DECEMBER 31, 2023
    * OCUGEN INC - ON APRIL 1, 2024, COMPANY FILED A
NOTIFICATION OF
INABILITY TO TIMELY FILE FORM 10-K

Source text for Eikon:  ID:n0001104659-24-041943 
Further company coverage:  OCGN.O 

 ((Reuters.Briefs@thomsonreuters.com;))