other material
confidence high
sentiment neutral
materiality 0.50
Thunder Power Holdings, Inc. (AIEV): auditor change — Feutune Light dismisses Marcum, appoints MaloneBailey as auditor for FY2023
Thunder Power Holdings, Inc.
- Board authorized dismissal of Marcum and engagement of MaloneBailey effective April 25, 2023.
- No disagreements with Marcum on accounting principles, disclosure, or audit scope since October 2022 engagement.
- Marcum's 2022 audit report contained a going-concern uncertainty but was otherwise unqualified.
- MaloneBailey engaged for fiscal year ending December 31, 2023; no prior consultations with the company.
- Marcum provided letter to SEC agreeing with the company's disclosures, filed as Exhibit 16.1.