Business Context and Reporting Period
Company: Diodes Incorporated (DIOD)
Filing Type: Form 8-K (Current Report)
Date of Report: June 3, 2025
Reporting Period: The filing addresses events occurring on June 3, 2025, regarding a change in the registrant's certifying accountant.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is strictly a notification of a change in the independent registered public accounting firm.
Material Changes
- Accountant Merger: Moss Adams LLP, the Company's independent registered public accounting firm, merged with Baker Tilly US, LLP effective June 3, 2025.
- Resignation and Appointment: Moss Adams has resigned as the Company's auditor. The Audit Committee approved the appointment of Baker Tilly US, LLP as the successor independent registered public accounting firm.
- Audit History: Audit reports issued by Moss Adams for the years ended December 31, 2024 and 2023, and for the three-year period ended December 31, 2024, did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
- Disagreements: There were no disagreements with Moss Adams regarding accounting principles, practices, financial statement disclosures, or auditing scope/procedures during the years ended December 31, 2024 and 2023, or the interim period through June 3, 2025.
- Consultations: The Company did not consult with Baker Tilly regarding accounting principles, audit opinions, disagreements, or reportable events prior to this appointment.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, management commentary on business strategy, or discussion of risks and contingencies. The primary disclosure is the administrative transition of the audit firm.
Investor Verification Checklist
- Verify the effective date of the merger between Moss Adams LLP and Baker Tilly US, LLP (June 3, 2025).
- Confirm the Audit Committee's formal approval of Baker Tilly as the successor auditor.
- Review the attached letter from Moss Adams LLP (Exhibit 16.1) confirming their agreement with the statements in the 8-K.
- Ensure no undisclosed disagreements or reportable events occurred during the tenure of Moss Adams.