---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-016030"
form_type: "8-K"
ticker: "TCX"
cik: "0000909494"
company_name: "TUCOWS INC /PA/"
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T12:19:23.137569+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Tucows auditor KPMG resigns; Deloitte appointed; material weakness persists

## Summary
- KPMG resigned as auditor on May 23, 2023 at company's request, effective immediately.
- KPMG's 2022 audit included adverse opinion on internal controls due to material weakness in cost capitalization.
- No accounting disagreements between Tucows and KPMG during 2021-2022 and through resignation.
- Deloitte appointed as new independent auditor for fiscal year 2023, subject to standard acceptance procedures.
- Material weakness in capitalization of costs (Ting fiber, labor inputs) not fully remediated as of March 31, 2023.

## SEC filing metadata
- accession: 0001437749-23-016030
- form_type: 8-K
- ticker: TCX
- cik: 0000909494
- company_name: TUCOWS INC /PA/
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 4.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/909494/000143774923016030/0001437749-23-016030-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/909494/000143774923016030/tcx20230524_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-016030
- JSON: https://secwatch.observer/filing/0001437749-23-016030.json
- Plain text: https://secwatch.observer/filing/0001437749-23-016030.txt

## Key facts
- Auditor Changes
  TUCOWS INC /PA/ engaged Deloitte LLP as its auditor.
  - Action: engagement
  - Auditor: Deloitte LLP
  source text: On May 23, 2023, the Committee appointed Deloitte LLP (“ Deloitte ”) as the Company’s independent registered public accounting firm
  evidence_url: https://www.sec.gov/Archives/edgar/data/909494/000143774923016030/0001437749-23-016030-index.htm
- Auditor Changes
  KPMG LLP resigned as auditor of TUCOWS INC /PA/.
  - Action: resignation
  - Auditor: KPMG LLP
  source text: On May 23, 2023, KPMG LLP (" KPMG ") resigned as Tucows Inc.'s (the “ Company ”) independent registered public accounting firm, at the Company's request
  evidence_url: https://www.sec.gov/Archives/edgar/data/909494/000143774923016030/0001437749-23-016030-index.htm

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