Maxeon Solar Technologies Changes Independent Auditor
Ticker: MAXN · Form: 6-K · Filed: 2025-08-07T00:00:00.000Z
Sentiment: neutral
Topics: auditor-change, corporate-governance
Related Tickers: MAXN
TL;DR
MAXN is changing its auditor, signaling a potential shift in financial oversight.
AI Summary
Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) announced a change in its certifying accountant on August 7, 2025. The company's audit committee has completed a review process to select a new independent registered public accounting firm.
Why It Matters
A change in auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting, which investors should monitor.
Risk Assessment
Risk Level: medium — Changes in auditors can sometimes precede or coincide with financial irregularities or a change in company strategy, warranting closer investor scrutiny.
Key Players & Entities
- Maxeon Solar Technologies, Ltd. (company) — Registrant
- NASDAQ: MAXN (company) — Stock ticker
- August 7, 2025 (date) — Report date
FAQ
What is the primary purpose of this 6-K filing?
The primary purpose of this 6-K filing is to report a change in Maxeon Solar Technologies, Ltd.'s certifying accountant.
When was this report filed?
This report was filed on August 7, 2025.
Which committee of Maxeon Solar Technologies is responsible for selecting the independent auditor?
The audit committee of Maxeon Solar Technologies, Ltd. is responsible for selecting the independent registered public accounting firm.
What is the stock ticker for Maxeon Solar Technologies, Ltd.?
The stock ticker for Maxeon Solar Technologies, Ltd. is NASDAQ: MAXN.
Is Maxeon Solar Technologies, Ltd. required to file annual reports under Form 20-F or Form 40-F?
Maxeon Solar Technologies, Ltd. indicates it files annual reports under Form 20-F.
From the Filing
0001796898-25-000044.txt : 20250807 0001796898-25-000044.hdr.sgml : 20250807 20250807170707 ACCESSION NUMBER: 0001796898-25-000044 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20250807 FILED AS OF DATE: 20250807 DATE AS OF CHANGE: 20250807 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Maxeon Solar Technologies, Ltd. CENTRAL INDEX KEY: 0001796898 STANDARD INDUSTRIAL CLASSIFICATION: SEMICONDUCTORS & RELATED DEVICES [3674] ORGANIZATION NAME: 04 Manufacturing EIN: 000000000 STATE OF INCORPORATION: U0 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-39368 FILM NUMBER: 251195243 BUSINESS ADDRESS: ADDRESS IS A NON US LOCATION: YES STREET 1: 38 BEACH ROAD #23-11 STREET 2: SOUTH BEACH TOWER CITY: SINGAPORE PROVINCE COUNTRY: U0 ZIP: 189767 BUSINESS PHONE: 6569897979 MAIL ADDRESS: ADDRESS IS A NON US LOCATION: YES STREET 1: 51 BRAS BASAH ROAD, #07-01 STREET 2: LAZADA ONE CITY: SINGAPORE PROVINCE COUNTRY: U0 ZIP: 189554 FORMER COMPANY: FORMER CONFORMED NAME: Maxeon Solar Technologies, Pte. Ltd. DATE OF NAME CHANGE: 20191213 6-K 1 form6-kchangeofauditor.htm 6-K Document UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K Report of Foreign Private Issuer Pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934 Date of Report: August 2025 Commission File Number: 001-39368 MAXEON SOLAR TECHNOLOGIES, LTD. (Exact Name of registrant as specified in its charter) 38 Beach Road #23-11 South Beach Tower Singapore 189767 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: Form 20-F ☒ Form 40-F ☐ Change in Certifying Accountant The audit committee of Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) (“Maxeon” or the “Company”) conducted a review process to consider the selection of our independent registered public accounting firm for the audit of the financial statements of the Company for the financial year ending December 31, 2025, and approved the termination of Ernst & Young LLP (“EY”), effective on August 29, 2025 (“Termination Date”). The decision to terminate EY’s engagement was approved by the audit committee of Maxeon’s board of directors, and was not as a result of any disagreement between the Company and EY on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures. The shareholders of the Company have been asked to approve the appointment of Marcum Asia as the auditor of the Company at Maxeon’s 2025 annual general meeting. During the years ended December 31, 2024 and 2023, the reports of EY on Maxeon’s financial statements did not contain any adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle, except for an explanatory paragraph related to the Company’s ability to continue as a going concern. During the years ended December 31, 2024 and 2023 and through the Termination Date, none of the reportable events listed in paragraphs (a)(1)(v)(A) through (a)(1)(v)(D) of Item 16F of Form 20-F promulgated by the Securities and Exchange Commission (the “SEC”) occurred. Incorporation by Reference The information contained in this report is hereby incorporated by reference into the Company’s registration statements on Form F-3 ( File No. 333-268309 ), Form S-8 ( File No. 333-241709 ), Form S-8 ( File No. 333-277501 ), and Form S-8 ( File No. 333-283187 ), each filed with the Securities and Exchange Commission. 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, thereunto duly authorized. MAXEON SOLAR TECHNOLOGIES, LTD. (Registrant) Augu