secwatch.observer — SEC 8-K summary
======================================

Issuer:     Ultra Clean Holdings, Inc. (UCTT)
CIK:        0001275014
Form:       8-K
Filed at:   2024-03-08T23:59:59+00:00
Accession:  0001628280-24-009984
Event type: other_material
Sentiment:  negative
Materiality: 0.70
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ultra Clean Holdings (UCTT) replaces auditor Moss Adams with PwC; cites material weaknesses in internal controls
--------------------------------------------------------------------------------

- Moss Adams resigned March 6, 2024; PwC appointed subject to acceptance procedures.
- No disagreements between company and Moss Adams on accounting principles or audit scope.
- Material weaknesses in internal control over financial reporting for FY 2023 not yet remediated.
- Prior material weaknesses (ITGCs, ERP) as of Dec 2022 were remediated by Dec 29, 2023.
- Weaknesses include control environment, risk assessment, inventory valuation, and business combination forecasts.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1275014/000162828024009984/0001628280-24-009984-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1275014/000162828024009984/uctt-20240306.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-009984

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer