Envoy Medical, Inc. dismissed Grant Thornton LLP as its independent auditor and appointed EisnerAmper LLP following a competitive selection process for the fiscal year ending December 31, 2026.
Key takeaways
Grant Thornton LLP was dismissed as the independent auditor effective March 25, 2026, with no adverse opinions in its prior audit reports.
EisnerAmper LLP was appointed as the new independent auditor for fiscal year 2026 following a competitive process approved by the Audit Committee.
Grant Thornton's prior audit reports for 2024 and 2025 contained explanatory paragraphs expressing substantial doubt about the company's ability to continue as a going concern.
The company disclosed material weaknesses in internal control over financial reporting in its 2024 and 2025 Annual Reports on Form 10-K.
Grant Thornton LLP provided a letter agreeing with the company's statements regarding the auditor change, filed as Exhibit 16.1.