Procaps Group, S.A. announced on October 10, 2024, that it will restate its financial statements for 2022 and 2021 due to previously undisclosed accounting errors and misstatements, affecting transactions dating back to 2012. The company discovered issues including a $2.5 million unrecognized loan and misreported revenues of $9-13 million, which breached regulatory compliance, making this a significant event for investors.