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AlphaCredit To Restate Financial Statements
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MEXICO CITY, April 20, 2021 /PRNewswire/ Alpha Holding, S.A. de C.V. ( AlphaCredit or the Company ), a leading technology-enabled, financial services company, today announced that the Company will restate its financial statements for the years ended December 31, 2019 and 2018 (the Prior Period Financial Statements ) to correct an error in the Company s accounting for its derivative positions. The Company has determined that a restatement was necessary based on an internal review by the Company and following discussions with KPMG (KPMG Cárdenas Dosal, S.C., KPMG ), the Company s current auditing firm, and Deloitte (Galaz, Yamazaki, Ruiz Urquiza, S.C.), its auditor for the years ended December 31, 2019, December 31, 2018, and prior years. The Company s previously released Prior Period Financial Statements, quarterly financial statements for 2020 and any earnings releases