DIODES INC /DEL/ 8-K

What Happened
Diodes Incorporated filed an 8-K on March 11, 2026 reporting that its Audit Committee dismissed Baker Tilly US, LLP as the company's independent registered public accounting firm effective March 5, 2026, and has approved PricewaterhouseCoopers LLP (PwC) as the new independent auditor for the fiscal year ending December 31, 2026. Baker Tilly provided a letter (filed as Exhibit 16.1) dated March 11, 2026 confirming it had no disagreements or reportable events related to the company’s financial statements for fiscal years 2024 and 2025 or the subsequent interim period through March 5, 2026.

Key Details

• Audit Committee dismissed Baker Tilly US, LLP effective March 5, 2026.
• PwC engaged as Diodes’ independent registered public accounting firm for the fiscal year ending December 31, 2026.
• Baker Tilly’s audit reports for fiscal years ended Dec 31, 2024 and Dec 31, 2025 were unqualified and contained no modifications, disagreements, or reportable events.
• Neither Diodes nor anyone acting on its behalf consulted PwC during the two most recent fiscal years or the interim period through March 5, 2026 on accounting applications, audit opinion type, or matters that would constitute disagreements or reportable events.

Why It Matters
A change in independent auditor is material to investors because it affects who examines and signs off on the company’s financial statements. This filing indicates the transition was orderly: Baker Tilly reported no disagreements or reportable events, and PwC had not previously been consulted about the company’s accounting matters. Investors should note the auditor change for future financial filings and disclosures, but the 8-K does not report any accounting disputes or financial restatements.