Maxeon Solar Technologies Ltd. (NASDAQ: MAXN) has announced a change in its certifying accountant. The company's audit committee has decided to terminate the engagement of Ernst & Young LLP (EY) as its independent registered public accounting firm, effective August 29, 2025. This decision was not due to any disagreements over accounting principles, practices, financial statement disclosures, or auditing scope and procedures. During the years 2023 and 2024, EY's reports on Maxeon's financial statements were unqualified, except for a note regarding the company's ability to continue as a going concern. Maxeon plans to appoint Marcum Asia as its new auditor, pending shareholder approval at the 2025 annual general meeting.
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