DNA X, Inc. Auditor Change from Baker Tilly to TAAD LLP
DNA X, Inc. (ticker: SONM) filed a Form 8-K on April 27, 2026, reporting the dismissal of Baker Tilly US, LLP as its independent registered public accounting firm and the engagement of TAAD LLP as its new auditor. The Audit Committee approved both actions on April 27, 2026. Baker Tilly's audit reports for fiscal years 2024 and 2025 contained no adverse opinions or disclaimers, though the 2025 report included a going concern qualification. The company disclosed no disagreements with Baker Tilly but noted a previously reported material weakness in internal controls related to insufficient technical accounting expertise for complex transactions, which remains unremediated. Baker Tilly provided a letter agreeing with the company's statements about the dismissal. The company confirmed no prior consultations with TAAD regarding accounting principles or audit opinions.