On March 26, 2026, Playboy, Inc. announced the dismissal of BDO USA, P.C. as its independent registered public accounting firm, effective immediately. This decision was made following the approval of the Audit Committee of the Board of Directors. The company has engaged RSM US LLP as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. During the two most recent fiscal years and the interim period leading up to this change, there were no disagreements with BDO regarding accounting principles or practices, nor were there any reportable events, except for previously disclosed material weaknesses in internal controls over financial reporting. These weaknesses remain unremediated as of the date of this report. The company has provided BDO with a copy of the current report prior to its filing with the SEC and has requested a letter from BDO addressing their agreement with the statements made in this report. RSM previously provided tax services to Playboy from 2022 through early 2025, indicating a prior relationship that may facilitate a smoother transition. This change in auditors is a significant move for the company, reflecting its ongoing efforts to enhance governance and financial oversight amidst challenges in internal controls.
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