secwatch.observer — SEC 8-K summary
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Issuer:     SITIME Corp (SITM)
CIK:        0001451809
Form:       8-K
Filed at:   2024-06-12T23:59:59+00:00
Accession:  0001451809-24-000183
Event type: other_material
Sentiment:  neutral
Materiality: 0.45
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

SiTime dismisses BDO as auditor, appoints Deloitte; material weakness remediated
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- Audit committee approved Deloitte & Touche as independent auditor for FY2024, replacing BDO USA.
- BDO's prior reports contained no adverse opinion except for material weakness in cash-flow classification controls (as of Dec 31, 2023).
- SiTime remediated the material weakness as of March 31, 2024, after implementing new review procedures.
- No disagreements with BDO during fiscal years 2022-2023 and subsequent interim period.
- BDO provided letter to SEC agreeing with SiTime's disclosures, filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1451809/000145180924000183/0001451809-24-000183-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1451809/000145180924000183/sitm-20240610.htm
  HTML page:      https://secwatch.observer/filing/0001451809-24-000183

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