---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-042970"
form_type: "8-K"
ticker: "PDYN"
cik: "0001826681"
company_name: "Palladyne AI Corp."
filed_at: "2024-04-09T23:59:59+00:00"
generated_at: "2026-06-04T01:05:43.083297+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Palladyne AI dismisses EY, appoints KPMG as independent auditor for 2024

## Summary
- EY dismissed as independent registered public accounting firm on April 3, 2024, effective immediately.
- Audit Committee conducted competitive process; EY declined to participate.
- No disagreements or reportable events with EY during 2022, 2023, or interim period.
- KPMG LLP appointed as new independent auditor for fiscal year ending December 31, 2024.

## SEC filing metadata
- accession: 0000950170-24-042970
- form_type: 8-K
- ticker: PDYN
- cik: 0001826681
- company_name: Palladyne AI Corp.
- filed_at: 2024-04-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1826681/000095017024042970/0000950170-24-042970-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1826681/000095017024042970/pdyn-20240403.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-042970
- JSON: https://secwatch.observer/filing/0000950170-24-042970.json
- Plain text: https://secwatch.observer/filing/0000950170-24-042970.txt

## Key facts
- Auditor Changes
  Palladyne AI Corp. dismissed Ernst & Young LLP as its auditor.
  - Action: dismissal
  - Auditor: Ernst & Young LLP
  source text: On April 3, 2024, the Audit Committee (the “Audit Committee”) of the Board of Directors of Palladyne AI Corp. (the “Company”) dismissed Ernst & Young LLP (“EY”) as the Company’s independent registered public accounting firm, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017024042970/0000950170-24-042970-index.htm
- Auditor Changes
  Palladyne AI Corp. engaged KPMG LLP as its auditor.
  - Action: engagement
  - Auditor: KPMG LLP
  source text: On April 3, 2024, the Audit Committee approved the engagement of KPMG LLP as the Company’s new independent registered public accounting firm for the year ending December 31, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1826681/000095017024042970/0000950170-24-042970-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.