other_material
confidence high
sentiment neutral
materiality 0.55
Silvaco appoints Baker Tilly as auditor after Moss Adams merger; no prior disagreements
Silvaco Group, Inc.
- Moss Adams merged into Baker Tilly effective June 3, 2025; Moss Adams resigned as auditor.
- Audit Committee approved Baker Tilly as successor on July 8, 2025 for FY2025.
- Baker Tilly affiliate provided prohibited non-attest services (tax provision, software support) but those were terminated pre- or post-merger.
- No disagreements or reportable events with Moss Adams; material weakness in ICFR previously reported in 10-K.
- Moss Adams provided letter agreeing with company's statements, filed as Exhibit 16.1.
item 4.01item 9.01