secwatch.observer — SEC 8-K summary
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Issuer:     FGI Industries Ltd. (FGI)
CIK:        0001864943
Form:       8-K
Filed at:   2026-04-23T23:59:59+00:00
Accession:  0001628280-26-026841
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 4.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FGI Industries dismisses CBIZ, appoints Marcum Asia as auditor; discloses material weakness
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- Audit committee dismissed CBIZ as independent auditor effective April 20, 2026; no disagreements in prior periods.
- Marcum Asia appointed as new auditor for FY 2026; no consultations occurred before engagement.
- Material weakness in internal controls for 2025 related to foreign subsidiary's journal entry and account reconciliation review.
- CBIZ's audit report for 2025 was unqualified with no adverse opinions or scope modifications.
- CBIZ letter agreeing with the dismissal disclosures filed as Exhibit 16.1.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1864943/000162828026026841/0001628280-26-026841-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1864943/000162828026026841/fgi-20260420.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-026841

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