Non Reliance of Financial Report Form 8 K

Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

On November 19, 2024, High Wire Networks, Inc. (the "Company") determined that the Company's interim financial statements (collectively, the "Prior Period Financial Statements") as of and for the fiscal period ended June 30, 2024 (the "Non-Reliance Period") included in the Company's Quarterly Report on Form 10-Q as filed with the Securities and Exchange Commission on August 23, 2024 (the "Form 10-Q") should no longer be relied upon. Management and the Audit Committee of the Board of Directors have determined that the errors (described below) in the unaudited interim consolidated financial statements for the Non-Reliance Period require a restatement of the Prior Period Financial Statements. Accordingly, investors should no longer rely upon the Company's Prior Period Financial Statements for this period and any earnings releases, investor presentations or other communications relating to this period.

During the preparation of the Company's financial statements as of and for the fiscal period ended September 30, 2024, the Company identified a material expense which should have been recognized in the fiscal period ended June 30, 2024 when the expense was incurred. The expense had erroneously not been recorded in the originally issued Form 10-Q. The errors in the unaudited condensed consolidated financial statements for the June 30, 2024 Non-Reliance Periods noted above will be corrected in the restated financial statements for the June 30, 2024 Non-Reliance Period in an amendment to the previously-filed Form 10-Q.

The Company's management and members of the Audit Committee of the Board of Directors have discussed the matters disclosed in this Current Report on Form 8-K pursuant to this Item 4.02 with Sadler, Gibb & Associates, LLC, the Company's independent registered public accounting firm.