ONE Group Hospitality, Inc. 8-K

What Happened

• The ONE Group Hospitality, Inc. announced on July 7, 2026 (effective June 30, 2026) that its Audit Committee dismissed Deloitte & Touche LLP as the company’s independent registered public accounting firm after a competitive selection process.
• The Audit Committee engaged Grant Thornton LLP as the new independent registered public accounting firm for the fiscal year ending December 27, 2026, effective June 30, 2026.
• Deloitte’s audit reports for the fiscal years ended December 28, 2025 and December 31, 2024 were unmodified (no adverse opinions or disclaimers), and the company reported no “disagreements” or “reportable events” with Deloitte through the effective date. Deloitte provided a letter dated July 7, 2026 (filed as Exhibit 16.1) regarding the disclosures.

Key Details

• Effective date of auditor change: June 30, 2026.
• Outgoing auditor: Deloitte & Touche LLP; Incoming auditor: Grant Thornton LLP.
• Engagement covers the fiscal year ending December 27, 2026.
• No disagreements or reportable events with Deloitte for fiscal years 2024–2025 or through the effective date; company did not consult Grant Thornton on accounting matters during that period.

Why It Matters

• A change in independent auditor is material because auditors review and attest to the company’s financial statements; investors should note the replacement and monitor upcoming audit reports and any audit-related disclosures.
• The filing reassures investors that past Deloitte audits were unmodified and that there were no unresolved disagreements or reportable events, which reduces immediate red flags about prior financial reporting.
• Going forward, investors should watch the company’s subsequent SEC filings (including the next annual report) for any differences in audit scope, internal control commentary, or other auditor communications under Grant Thornton.