M&A - Koil Energy Solutions, Inc.

Form Type: 8-K

Filing Date: 2025-06-06

Corporate Action: Merger

Type: Update

Accession Number: 000168316825004283

Filing Summary: On June 3, 2025, Koil Energy Solutions Inc. was notified that its independent registered public accounting firm, Moss Adams LLP, merged with Baker Tilly US, LLP effective the same day. Following this merger, Moss Adams resigned as the Company's auditors, and Baker Tilly was appointed as the successor auditing firm by the Audit Committee of the Company's Board of Directors. The audit reports from Moss Adams for the financial years ending December 31, 2024, and 2023 did not contain adverse opinions or disclaimers. There were no disagreements between the Company and Moss Adams regarding accounting principles or audit scope during the reporting periods, nor were there any reportable events. The Company did not consult with Baker Tilly on any potential transaction issues or disagreements. A letter from Moss Adams regarding these matters is included as Exhibit 16.1 to this Form 8-K.