ACRES Commercial Realty Corp Auditor Change from Ernst & Young to PricewaterhouseCoopers

ACRES Commercial Realty Corp (ACR) filed an 8-K on April 30, 2026, reporting a change in its independent registered public accounting firm. The company's Audit Committee dismissed Ernst & Young LLP (EY) as its auditor, effective upon filing the Form 10-Q for the quarter ended March 31, 2026. The dismissal was not related to any disagreements on accounting principles, financial statement disclosure, or auditing procedures. EY's audit reports for fiscal years 2024 and 2025 contained no adverse opinions or qualifications. Concurrently, the Audit Committee approved the engagement of PricewaterhouseCoopers LLP (PwC) as the new independent auditor for the fiscal year ending December 31, 2026, also effective upon filing the Q1 2026 Form 10-Q. The filing includes a letter from EY dated April 30, 2026, agreeing with the company's statements regarding the dismissal. No reportable events or disagreements occurred during the audit periods.