Silvaco Group, Inc. 8-K

What Happened Silvaco Group, Inc. announced that on May 21, 2026 it dismissed Baker Tilly US, LLP as its independent registered public accounting firm and on May 27, 2026 the Audit Committee engaged KPMG LLP as the Company’s new independent auditor. The Audit Committee made the decision to change auditors. Previously, Moss Adams LLP merged into Baker Tilly (effective June 3, 2025) and Baker Tilly had been appointed successor on July 8, 2025.

Key Details

• Dismissal date: Baker Tilly dismissed May 21, 2026; KPMG engaged May 27, 2026.
• Prior firm history: Moss Adams merged with Baker Tilly (effective June 3, 2025); Baker Tilly succeeded Moss Adams on July 8, 2025.
• Audit opinions: Baker Tilly’s audit reports for the years ended December 31, 2025 and 2024 were unmodified (no adverse opinion, disclaimer, or qualification).
• Controls disclosure: No disagreements with Baker Tilly on accounting/auditing matters were reported, except the Company previously disclosed a material weakness in internal control over financial reporting in its 2024 Form 10-K.
• Consultation: Neither the Company nor anyone on its behalf consulted KPMG on accounting or audit matters for 2024–2025 or the interim period prior to engagement.
• Exhibit: Baker Tilly’s letter to the SEC dated May 27, 2026 is filed as Exhibit 16.1.

Why It Matters A change in the independent auditor is a notable governance event for investors because it can reflect the Audit Committee’s assessment of audit needs or firm availability and may affect future audit approaches and costs. Investors should note the Company disclosed a previously identified material weakness in internal controls (in the 2024 Form 10-K) and that Baker Tilly’s past reports were unmodified. Expect future filings (quarterly or annual reports) to show KPMG’s audit results and any comments about remediation of the internal control weakness.