Business Context and Reporting Period
Company: SAIHEAT Ltd (Foreign Private Issuer)
Filing Type: Form 6-K
Reporting Period: Month of March 2026 (Event Date: March 30, 2026)
Context: This filing reports a change in the registrant's independent certified public accounting firm.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document is a procedural disclosure regarding auditor changes and does not contain financial statement data.
Material Changes
- Accountant Change: SAIHEAT Ltd appointed Assentsure PAC as its new independent certified public accounting firm, effective March 30, 2026.
- Former Auditor: Audit Alliance LLP was dismissed on the same date.
- Reason for Change: The change was not the result of any disagreement regarding accounting principles, financial statement disclosure, or auditing scope/procedures.
- Historical Audit Status: Audit Alliance's reports for the years ended December 31, 2023, and 2024 contained no adverse opinions, disclaimers, or qualifications.
Guidance, Outlook, and Risks
Management Commentary: The Board of Directors and Audit Committee approved the change following a careful evaluation process. No reportable events or disagreements occurred during the two most recent fiscal years under the former auditor.
Consultation with New Auditor: The Company confirmed that neither it nor anyone acting on its behalf consulted Assentsure regarding accounting principles, audit opinions, or matters subject to disagreement prior to the appointment.
Regulatory Compliance: The filing is intended to satisfy reporting obligations under Item 16F(a) of Form 20-F for the year ended December 31, 2025. A letter from Audit Alliance LLP (Exhibit 16.1) confirming agreement with the disclosures is attached.
Key Facts for Investor Verification
- Verify the independence and qualifications of the new auditor, Assentsure PAC.
- Review Exhibit 16.1 (Letter from Audit Alliance LLP) to confirm no undisclosed disagreements exist.
- Monitor the upcoming Form 20-F for the year ended December 31, 2025, which will incorporate this disclosure and contain the actual financial performance data.
- Confirm that the change in auditors does not signal underlying financial distress, as explicitly stated in the filing.