other
confidence high
sentiment neutral
materiality 0.30
Sagimet appoints KPMG as auditor, dismisses Deloitte; no disagreements reported
Sagimet Biosciences Inc.
- Audit Committee and Board approved KPMG as independent auditor for FY 2025 and dismissed Deloitte effective August 18, 2025.
- Deloitte's audit reports for 2023 and 2024 contained no adverse opinion or qualification.
- No disagreements with Deloitte occurred in the past two fiscal years or interim period through August 18, 2025.
- KPMG had not been previously consulted on accounting principles or audits prior to engagement.
- Deloitte provided a letter agreeing with disclosure, attached as Exhibit 16.1.
item 4.01item 9.01