Business Context and Reporting Period
This Form 8-K Current Report was filed by Karman Holdings Inc. on June 4, 2025. The filing addresses a change in the Company's independent registered public accounting firm.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on the administrative change of the external auditor.
Material Changes
- Auditor Merger and Resignation: On June 3, 2025, Moss Adams LLP merged with Baker Tilly US, LLP. Consequently, Moss Adams LLP resigned as the Company's independent registered public accounting firm.
- Successor Appointment: The Audit Committee of the Board of Directors approved the appointment of Baker Tilly US, LLP as the successor independent registered public accounting firm.
- Audit History: The audit reports issued by Moss Adams for the years ended December 31, 2024, and 2023, were unqualified (no adverse opinions, disclaimers, or modifications).
- No Disagreements: There were no disagreements between the Company and Moss Adams regarding accounting principles, practices, financial statement disclosures, or auditing scope during the relevant periods.
Guidance, Outlook, and Risks
The filing contains no management guidance, financial outlook, or discussion of business risks. It confirms that no consultations were held with Baker Tilly regarding accounting principles or potential audit opinions prior to the appointment. The Company provided a copy of this report to Moss Adams, which furnished a letter to the SEC agreeing with the disclosures.
Investor Verification Checklist
- Verify the effective date of the auditor transition (June 3, 2025).
- Confirm that the new auditor, Baker Tilly US, LLP, is registered with the PCAOB.
- Review the attached letter from Moss Adams (Exhibit 16.1) for any dissenting opinions regarding the disclosures.
- Monitor future filings for the first audit report issued by Baker Tilly US, LLP.