Codexis Appoints PricewaterhouseCoopers as New Auditor
Ticker: CDXS · Form: 8-K · Filed: Mar 6, 2024 · CIK: 1200375
| Field | Detail |
|---|---|
| Company | Codexis, Inc. (CDXS) |
| Form Type | 8-K |
| Filed Date | Mar 6, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
Related Tickers: CDXS
TL;DR
Codexis swapped auditors from Deloitte to PwC, effective Feb 29, 2024.
AI Summary
Codexis, Inc. announced on February 29, 2024, that it has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm. This change follows the resignation of its former auditor, Deloitte & Touche LLP, effective February 27, 2024. The company stated that the decision to change auditors was made by the Audit Committee of the Board of Directors.
Why It Matters
Changing auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors will monitor.
Risk Assessment
Risk Level: low — The filing is a routine change of auditor, which is common and typically does not indicate significant financial distress.
Key Players & Entities
- Codexis, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Newly appointed independent registered public accounting firm
- Deloitte & Touche LLP (company) — Resigned independent registered public accounting firm
- February 29, 2024 (date) — Effective date of auditor change
- February 27, 2024 (date) — Effective date of auditor resignation
FAQ
Who is Codexis, Inc.'s new independent registered public accounting firm?
Codexis, Inc. has appointed PricewaterhouseCoopers LLP as its new independent registered public accounting firm.
When was the change in auditor effective?
The change was effective as of February 29, 2024.
Who was Codexis, Inc.'s previous independent registered public accounting firm?
Codexis, Inc.'s previous independent registered public accounting firm was Deloitte & Touche LLP.
When did Deloitte & Touche LLP resign as Codexis, Inc.'s auditor?
Deloitte & Touche LLP resigned effective February 27, 2024.
Who made the decision to change auditors at Codexis, Inc.?
The decision to change auditors was made by the Audit Committee of the Board of Directors of Codexis, Inc.
Filing Stats: 959 words · 4 min read · ~3 pages · Grade level 13.6 · Accepted 2024-03-06 16:02:33
Key Financial Figures
- $0.0001 — ich Registered Common Stock, par value $0.0001 per share CDXS The Nasdaq Global Se
Filing Documents
- d799541d8k.htm (8-K) — 28KB
- d799541dex161.htm (EX-16.1) — 2KB
- 0001193125-24-060706.txt ( ) — 147KB
- cdxs-20240229.xsd (EX-101.SCH) — 3KB
- cdxs-20240229_lab.xml (EX-101.LAB) — 17KB
- cdxs-20240229_pre.xml (EX-101.PRE) — 11KB
- d799541d8k_htm.xml (XML) — 3KB
Financial Statements and Exhibits
Financial Statements and Exhibits. Exhibit No. Description 16.1 Letter from BDO USA, P.C., dated March 5, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CODEXIS, INC. Date: March 6, 2024 By: /s/ Sriram Ryali Sriram Ryali Chief Financial Officer