Karman Holdings replaces Baker Tilly with PwC as independent auditor
Karman Holdings Inc.'s Audit Committee approved the dismissal of Baker Tilly US, LLP and appointment of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for the fiscal year ending December 31, 2026, effective June 10, 2026. Baker Tilly's prior audit reports contained no adverse opinions, disclaimers, or qualifications, and there were no disagreements on accounting principles or reportable events during the two most recent fiscal years and subsequent interim period, though the company has previously disclosed material weaknesses in internal control over financial reporting related to the COSO framework and IT general controls.
Key facts
- PricewaterhouseCoopers LLP appointed June 10, 2026
- Baker Tilly US, LLP dismissed June 10, 2026
- No disagreements with Baker Tilly on accounting principles or audit scope during fiscal years ended December 31, 2025 and 2024, and interim period through June 10, 2026
- Entity-level material weaknesses in internal control over financial reporting as of December 31, 2025 and December 31, 2024
- Material weaknesses related to COSO framework components, IT general controls, and process-level controls
Why it matters
The transition to PwC occurs alongside previously disclosed material weaknesses in internal controls and IT systems that may affect the company's financial reporting environment and audit scope going forward.
Developing story
- NT 10-K
- 8-Kthis filing
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Derived from 8-K filed 2026-06-11. Not investment advice. View the source filing on SEC.gov →