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  "documentTitle": "Progyny, Inc. (PGNY)",
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  "presentationDate": "2023-02-07 00:00:00",
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      "text": "PGNY's disclosed a material weakness in its financial statements for the year ended 2018 in its Draft Prospectus. One of the steps that PGNY took to remediate the weakness was hiring a senior financial executive with a focus on SEC reporting and technical accounting. Spruce Point has identified only one senior finance executive that was hired in 2019, Mark Livingston who worked at WebMD from 1999 to 2006.",
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      "text": "Although, we could debate whether Livingston had the requisite background to remediate a material weakness, we do note that Livingston's previous work experience included 7 years at WebMD from 1999 to 2006 which overlapped with Anevski and Schlanger.",
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      "text": "Excerpt from PGNY Draft Prospectus regarding material weakness",
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      "text": "Mark Livingston, Current CFO of PGNY, was hired in May 2019 as an EVP of Finance. Although, we could debate whether Livingston had the requisite background to remediate a material weakness, we do note that Livingston's previous work experience included 7 years at WebMD from 1999 to 2006 which overlapped with Anevski and Schlanger.",
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      "kind": "source-note",
      "text": "Source: PGNY Draft Prospectus, Source: Mark Livingston Bio -- LinkedIn",
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      "text": "PGNY Disclosed A Material Weakness In Its FY18 Financials",
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