FTAI Infrastructure Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by FTAI Infrastructure Inc. (FIP) on April 17, 2026, covering events occurring on April 15, 2026. The filing addresses a change in the Company's independent registered public accounting firm.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is limited to corporate governance disclosures regarding the auditor and does not contain financial performance data.
Material Changes
- Appointment of New Auditor: The Audit Committee appointed KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, effective April 15, 2026.
- Dismissal of Prior Auditor: Ernst & Young LLP (EY), which served as the auditor since 2021, was dismissed on April 15, 2026.
- Audit History: EY's audit reports for the fiscal years ended December 31, 2025, and 2024, were unqualified and did not contain adverse opinions, disclaimers, or modifications regarding uncertainty, scope, or accounting principles.
- Consultations: No consultations occurred with KPMG regarding accounting principles or disagreements during the 2024-2025 fiscal years or the interim period through April 15, 2026.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, or outlook. No disagreements or reportable events were identified between the Company and EY regarding accounting practices or financial statement disclosures. The engagement of KPMG was ratified by the Board of Directors.
Key Facts for Investor Verification
- Verify the effective date of the KPMG engagement (April 15, 2026) and the scope of services approved by the Audit Committee.
- Confirm the absence of any "disagreements" or "reportable events" with the former auditor, EY, as stated in the filing.
- Review the letter from EY (Exhibit 16.1) to ensure the former auditor agrees with the Company's statements regarding the dismissal.
- Note that this filing does not impact the Company's financial statements for the periods audited by EY.