Harrow (HROWM) Replaces Crowe LLP, Engages Deloitte for 2025 Audit

Rhea-AI Filing Summary

Harrow, Inc. notified that its Audit Committee dismissed Crowe LLP as the company's independent registered public accounting firm, effective immediately, and engaged Deloitte to serve as the new independent registered public accounting firm to audit the consolidated financial statements for the year ending December 31, 2025. The engagement with Deloitte was communicated on September 17, 2025 and is subject to Deloitte's standard client acceptance procedures and execution of an engagement letter. The filing references a letter from Crowe LLP dated September 19, 2025, and an Inline XBRL cover page file as exhibits. The disclosure does not state the reasons for the change or provide audit opinions or financial impacts.

Positive

• Engagement of Deloitte, a major international accounting firm, to audit the consolidated financial statements for the year ending December 31, 2025
• Audit Committee action documented and exhibits included (Crowe letter dated September 19, 2025 and Inline XBRL cover file)

Negative

• No reason disclosed for the dismissal of Crowe LLP, limiting investor insight into the change
• Engagement conditional on Deloitte completing client acceptance procedures and signing an engagement letter, so the change is not fully finalized

Insights

Corporate Governance Expert

TL;DR: Auditor replaced by a Big Four firm; governance action taken by the Audit Committee with limited disclosure.

The Audit Committee's immediate dismissal of Crowe LLP and engagement of Deloitte signals a significant change in external oversight of financial reporting. The filing documents the administrative steps: notification dated September 17, 2025, and exhibits including Crowe's letter dated September 19, 2025. The company explicitly notes Deloitte's engagement is contingent on standard client acceptance processes and an engagement letter, which leaves the change incomplete until those steps are finalized. The filing provides no rationale for the dismissal, timing, or any expected impact on prior-period opinions or the audit timeline, limiting stakeholders' ability to assess governance implications.

Financial Analyst

TL;DR: Auditor switch is material procedurally but the filing discloses no financial effects or restatements.

The company reports a change in independent auditors for the fiscal year ending December 31, 2025, with Deloitte engaged effective September 17, 2025, pending standard acceptance and an engagement letter. There is no information on audit findings, disagreements, adjustments, or any effects on the company's previously issued financial statements. From a financial-materiality perspective, auditor changes can affect audit timing and controls testing, but the filing contains no data to quantify any impact on results or reporting timelines.

8-K Event Classification

Item 4.01 — Changes in Registrant's Certifying Accountant

1 item

Item 4.01 Changes in Registrant's Certifying Accountant Governance

The company changed its independent auditing firm, which may involve disagreements on accounting matters.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Why did HROWM replace Crowe LLP as auditor?

The filing does not state a reason for the dismissal of Crowe LLP.

Who is the new auditor for Harrow, Inc. (HROWM)?

The company engaged Deloitte to audit the consolidated financial statements for the year ending December 31, 2025, effective September 17, 2025, subject to acceptance procedures and an engagement letter.

When was Crowe LLP dismissed according to the filing?

Crowe LLP was dismissed effective immediately as reported by the Audit Committee in the filing, with related correspondence dated September 19, 2025 from Crowe.

Does the filing indicate any disagreements with the former auditor?

The filing does not disclose any disagreements, audit findings, or prior-period adjustments.

Is the Deloitte engagement final?

No; the engagement is subject to Deloitte's standard client acceptance procedures and execution of an engagement letter.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 09/19/2025 - 04:05 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): September 17, 2025

HARROW, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-35814		45-0567010
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

1A Burton Hills Blvd., Suite 200
Nashville, Tennessee		37215
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: (615) 733-4730

Not Applicable

(Former Name or Former Address, if Changed Since Last Report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of exchange on which registered
Common Stock, $0.001 par value per share		HROW		The Nasdaq Stock Market LLC
8.625% Senior Notes due 2026		HROWL		The Nasdaq Stock Market LLC
11.875% Senior Notes due 2027		HROWM		The Nasdaq Stock Market LLC

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Act of 1934: Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 4.01. Changes in Registrant’s Certifying Accountant.

(a) Dismissal of Previous Independent Registered Public Accounting Firm.

On September 17, 2025, Harrow, Inc. (the “Company”), through action of the Audit Committee (the “Audit Committee”) of the Company’s Board of Directors, dismissed Crowe LLP (“Crowe”) as the Company’s independent registered public accounting firm, effective immediately.

The Crowe report on the Company’s financial statements for the year ended December 31, 2024 did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.

Crowe was engaged by the Company on June 25, 2024, and served as the Company’s independent accountant for the fiscal year ended December 31, 2024. Crowe did not audit the Company’s financial statements for any other fiscal year. From the date of Crowe’s engagement, during the Company’s most recent fiscal year ended December 31, 2024 and the subsequent interim period through the date of this Current Report on Form 8-K, there were no disagreements, within the meaning of Item 304(a)(1)(iv) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (“Regulation S-K”), and the related instructions thereto, with Crowe on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Crowe, would have caused it to make reference to the subject matter of the disagreements in connection with its reports. Also, during this same period, there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K and the related instructions thereto.

The Company provided Crowe with the disclosures under this Item 4.01 and requested Crowe to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this Item 4.01 and, if not, stating the respects in which it does not agree. Crowe’s letter is filed as Exhibit 16 to this Current Report on Form 8-K.

(b) Appointment of New Independent Registered Public Accounting Firm.

On September 17, 2025, the Audit Committee approved the appointment of Deloitte & Touche LLP (“Deloitte”) as the Company’s new independent registered public accounting firm to audit the Company’s consolidated financial statements for the year ending December 31, 2025. The Company notified Deloitte on September 17, 2025, that it would be engaged as the Company’s independent registered public accounting firm effective immediately. The engagement of Deloitte is subject to the completion of Deloitte’s standard client acceptance procedures and execution of an engagement letter.

During the fiscal years ended December 31, 2023 and 2024 and the subsequent interim period through the date of this Report, neither the Company, nor anyone on its behalf, consulted Deloitte regarding (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the financial statements of the Company, in connection with which either a written report or oral advice was provided to the Company that Deloitte concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a reportable event (as described in Item 304(a)(1)(v) of Regulation S-K).

Item 9.01 Financial Statements and Exhibits.

(d)		Exhibits
No.		Description
16		Letter from Crowe LLP, dated September 19, 2025
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: September 19, 2025	HARROW, INC.
	By:	/s/ Andrew R. Boll
		Andrew R. Boll
		President and Chief Financial Officer