other material
confidence high
sentiment neutral
materiality 0.50
Structure Therapeutics Inc. (GPCR): auditor change — Structure Therapeutics dismisses PwC, engages EY as new auditor effective for FY2023
Structure Therapeutics Inc.
- Dismissed PwC as independent auditor on May 30, 2023; PwC's reports for 2021 and 2022 were unqualified.
- Engaged EY as new independent auditor for fiscal year ending December 31, 2023, effective May 31, 2023.
- No disagreements between Company and PwC on accounting principles, audit scope, or procedures.
- Company disclosed prior material weaknesses in internal control over financial reporting (control environment, segregation of duties, ITGC).
- PwC provided letter to SEC dated June 5, 2023, agreeing with Company's statements (filed as Exhibit 16.1).