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[8-K] Eton Pharmaceutcials, Inc. Reports Material Event

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) filed a Form 8-K to disclose an auditor transition effective 13 June 2025.

Dismissal of Crowe LLP: The Audit Committee terminated Crowe LLP after only one audit cycle (FY-2024). Crowe’s 2024 opinion was clean (no adverse or qualified opinion), and the firm reported no disagreements or reportable events with management under Item 304(a)(1) of Regulation S-K. Crowe’s required concurrence letter is attached as Exhibit 16.1.

Appointment of Grant Thornton LLP: The Audit Committee simultaneously engaged Grant Thornton LLP as the new independent registered public accounting firm for FY-2025. The company confirms that, during FY-2023, FY-2024, and the subsequent interim period, it did not consult Grant Thornton on any accounting matters or potential opinions prior to the appointment.

Investor takeaways:

  • The change appears procedural; the absence of disagreements reduces immediate red-flag risk.
  • Auditor turnover after one year may still prompt investors to monitor governance continuity and upcoming audit fees or timelines.
  • No financial restatements, outlook changes, or earnings data were disclosed in this filing.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) ha presentato un modulo 8-K per comunicare un cambio di revisore con effetto dal 13 giugno 2025.

Rimozione di Crowe LLP: Il Comitato di Revisione ha terminato il rapporto con Crowe LLP dopo un solo ciclo di revisione (anno fiscale 2024). L’opinione di Crowe per il 2024 è stata pulita (senza rilievi o opinioni qualificate) e la società non ha riscontrato disaccordi o eventi segnalabili con la direzione secondo l’Articolo 304(a)(1) del Regolamento S-K. La lettera di consenso richiesta da Crowe è allegata come Documento 16.1.

Nomina di Grant Thornton LLP: Contemporaneamente, il Comitato di Revisione ha incaricato Grant Thornton LLP come nuovo revisore contabile indipendente per l’anno fiscale 2025. La società conferma che durante gli anni fiscali 2023, 2024 e il periodo intermedio successivo, non ha consultato Grant Thornton su questioni contabili o potenziali opinioni prima della nomina.

Considerazioni per gli investitori:

  • Il cambiamento sembra di natura procedurale; l’assenza di disaccordi riduce il rischio di segnali d’allarme immediati.
  • Il cambio di revisore dopo un anno potrebbe comunque spingere gli investitori a monitorare la continuità della governance e le future spese o tempistiche di revisione.
  • Non sono state comunicate rettifiche finanziarie, variazioni delle previsioni o dati sugli utili in questa comunicazione.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) presentó un Formulario 8-K para informar una transición de auditor efectiva a partir del 13 de junio de 2025.

Despido de Crowe LLP: El Comité de Auditoría terminó la relación con Crowe LLP tras solo un ciclo de auditoría (año fiscal 2024). La opinión de Crowe para 2024 fue limpia (sin opiniones adversas o calificadas), y la firma reportó ningún desacuerdo ni eventos reportables con la administración según el ítem 304(a)(1) del Reglamento S-K. La carta de conformidad requerida de Crowe está adjunta como Anexo 16.1.

Nombramiento de Grant Thornton LLP: El Comité de Auditoría contrató simultáneamente a Grant Thornton LLP como la nueva firma de auditoría independiente registrada para el año fiscal 2025. La compañía confirma que durante los años fiscales 2023, 2024 y el periodo interino posterior, no consultó a Grant Thornton sobre asuntos contables o posibles opiniones antes del nombramiento.

Conclusiones para los inversores:

  • El cambio parece ser procedimental; la ausencia de desacuerdos reduce el riesgo inmediato de señales de alerta.
  • El cambio de auditor tras un año puede llevar a los inversores a vigilar la continuidad en la gobernanza y las próximas tarifas o plazos de auditoría.
  • No se divulgaron reexpresiones financieras, cambios en las perspectivas ni datos de ganancias en este documento.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON)은 2025� 6� 13일부� 발효되는 감사� 교체� 공시하기 위해 Form 8-K� 제출했습니다.

Crowe LLP 해임: 감사위원회는 � � 번의 감사 주기(FY-2024) � Crowe LLP와� 계약� 종료했습니다. Crowe� 2024� 의견은 적정이었으며(부정적 또는 한정 의견 없음), 회사� 경영진과 관련하� 규정 S-K 항목 304(a)(1) 하에 이견이나 보고 대� 사건� 없다� 보고했습니다. Crowe� 동의서가 증거자료 16.1� 첨부되어 있습니다.

Grant Thornton LLP 선임: 감사위원회는 동시� Grant Thornton LLP� 2025 회계연도 신규 독립 등록 공인회계법인으로 선임했습니다. 회사� 2023, 2024 회계연도 � 이후 중간 기간 동안 Grant Thornton� 회계 문제� 잠재� 의견� 대� 상담하지 않았�� 확인했습니다.

투자� 참고 사항:

  • 이번 변경은 절차적인 성격으로 보이�, 이견� 없다� 점은 즉각적인 위험 신호� 낮춥니다.
  • 1� 만의 감사� 교체� 투자자들� 거버넌스 연속성과 향후 감사 비용 또는 일정� 대� 주시하게 � � 있습니다.
  • � 공시에서� 재무 재작�, 전망 변�, 수익 데이터가 공개되지 않았습니�.

Eton Pharmaceuticals, Inc. (NASDAQ : ETON) a déposé un formulaire 8-K pour annoncer une transition d’auditeur effective au 13 juin 2025.

Renvoi de Crowe LLP : Le comité d’audit a mis fin à sa collaboration avec Crowe LLP après un seul cycle d’audit (exercice 2024). L’opinion de Crowe pour 2024 était sans réserve (aucune opinion défavorable ou qualifiée), et la société n’a signalé aucun désaccord ni événement à déclarer avec la direction selon l’article 304(a)(1) du règlement S-K. La lettre de consentement requise de Crowe est jointe en annexe 16.1.

Nomination de Grant Thornton LLP : Le comité d’audit a simultanément engagé Grant Thornton LLP comme nouveau cabinet d’audit indépendant pour l’exercice 2025. La société confirme que, durant les exercices 2023, 2024 et la période intérimaire suivante, elle n’a pas consulté Grant Thornton sur des questions comptables ou d’éventuelles opinions avant la nomination.

À retenir pour les investisseurs :

  • Ce changement semble de nature procédurale ; l’absence de désaccords réduit le risque de signaux d’alerte immédiats.
  • Un changement d’auditeur après un an peut néanmoins inciter les investisseurs à surveiller la continuité de la gouvernance ainsi que les futurs frais ou délais d’audit.
  • Aucune révision financière, changement de perspectives ou données de résultats n’a été divulgué dans ce dépôt.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) hat ein Formular 8-K eingereicht, um einen Wechsel des Abschlussprüfers mit Wirkung zum 13. Juni 2025 bekannt zu geben.

Kündigung von Crowe LLP: Der Prüfungsausschuss hat Crowe LLP nach nur einem Prüfungszyklus (Geschäftsjahr 2024) entlassen. Die Meinung von Crowe für 2024 war ܲԱ𾱲Բä԰ (keine negativen oder eingeschränkten Meinungen), und das Unternehmen berichtete unter Punkt 304(a)(1) der Regulation S-K keine Meinungsverschiedenheiten oder meldepflichtigen Ereignisse mit dem Management. Das erforderliche Einvernehmen von Crowe ist als Anlage 16.1 beigefügt.

Ernennung von Grant Thornton LLP: Der Prüfungsausschuss hat gleichzeitig Grant Thornton LLP als neue unabhängige Wirtschaftsprüfungsgesellschaft für das Geschäftsjahr 2025 beauftragt. Das Unternehmen bestätigt, dass es im Geschäftsjahr 2023, 2024 und im anschließenden Zwischenzeitraum keine Beratung von Grant Thornton zu buchhalterischen Fragen oder möglichen Meinungen vor der Ernennung eingeholt hat.

Für Investoren wichtig:

  • Die Änderung erscheint prozedural; das Fehlen von Meinungsverschiedenheiten mindert unmittelbare Warnsignale.
  • Ein Wechsel des Abschlussprüfers nach einem Jahr könnte Investoren dennoch dazu veranlassen, die Kontinuität der Governance sowie künftige Prüfungsgebühren oder -fristen zu beobachten.
  • In dieser Meldung wurden keine finanziellen Neubewertungen, Prognoseänderungen oder Gewinnzahlen offengelegt.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine auditor switch; no reported conflicts, modest governance flag.

A one-year auditor tenure is uncommon and warrants monitoring, but the company’s detailed disclosure—affirming no disagreements, clean prior opinion, and inclusion of Crowe’s consent letter—aligns with best practices under Item 304. Grant Thornton is a Top-10 audit firm, potentially offering deeper industry knowledge and internal-control expertise. Because there are no adverse opinions or unresolved issues, the event is largely neutral for shareholder risk. Investors should review the 2025 audit fee schedule and ensure timely issuance of next year’s 10-K to confirm a smooth transition.

TL;DR: Neutral financial impact; watch for transition costs.

This 8-K contains no earnings revisions, guidance changes, or capital-market actions. Historically, auditor changes do not affect valuation unless tied to accounting disputes, which management states do not exist. Potential incremental costs from switching to Grant Thornton are unlikely to be material for Eton’s market cap. Still, quick auditor turnover can cause modest investor uncertainty until the first Grant Thornton opinion is issued. Overall, I assess limited share-price impact barring future disclosures.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) ha presentato un modulo 8-K per comunicare un cambio di revisore con effetto dal 13 giugno 2025.

Rimozione di Crowe LLP: Il Comitato di Revisione ha terminato il rapporto con Crowe LLP dopo un solo ciclo di revisione (anno fiscale 2024). L’opinione di Crowe per il 2024 è stata pulita (senza rilievi o opinioni qualificate) e la società non ha riscontrato disaccordi o eventi segnalabili con la direzione secondo l’Articolo 304(a)(1) del Regolamento S-K. La lettera di consenso richiesta da Crowe è allegata come Documento 16.1.

Nomina di Grant Thornton LLP: Contemporaneamente, il Comitato di Revisione ha incaricato Grant Thornton LLP come nuovo revisore contabile indipendente per l’anno fiscale 2025. La società conferma che durante gli anni fiscali 2023, 2024 e il periodo intermedio successivo, non ha consultato Grant Thornton su questioni contabili o potenziali opinioni prima della nomina.

Considerazioni per gli investitori:

  • Il cambiamento sembra di natura procedurale; l’assenza di disaccordi riduce il rischio di segnali d’allarme immediati.
  • Il cambio di revisore dopo un anno potrebbe comunque spingere gli investitori a monitorare la continuità della governance e le future spese o tempistiche di revisione.
  • Non sono state comunicate rettifiche finanziarie, variazioni delle previsioni o dati sugli utili in questa comunicazione.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) presentó un Formulario 8-K para informar una transición de auditor efectiva a partir del 13 de junio de 2025.

Despido de Crowe LLP: El Comité de Auditoría terminó la relación con Crowe LLP tras solo un ciclo de auditoría (año fiscal 2024). La opinión de Crowe para 2024 fue limpia (sin opiniones adversas o calificadas), y la firma reportó ningún desacuerdo ni eventos reportables con la administración según el ítem 304(a)(1) del Reglamento S-K. La carta de conformidad requerida de Crowe está adjunta como Anexo 16.1.

Nombramiento de Grant Thornton LLP: El Comité de Auditoría contrató simultáneamente a Grant Thornton LLP como la nueva firma de auditoría independiente registrada para el año fiscal 2025. La compañía confirma que durante los años fiscales 2023, 2024 y el periodo interino posterior, no consultó a Grant Thornton sobre asuntos contables o posibles opiniones antes del nombramiento.

Conclusiones para los inversores:

  • El cambio parece ser procedimental; la ausencia de desacuerdos reduce el riesgo inmediato de señales de alerta.
  • El cambio de auditor tras un año puede llevar a los inversores a vigilar la continuidad en la gobernanza y las próximas tarifas o plazos de auditoría.
  • No se divulgaron reexpresiones financieras, cambios en las perspectivas ni datos de ganancias en este documento.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON)은 2025� 6� 13일부� 발효되는 감사� 교체� 공시하기 위해 Form 8-K� 제출했습니다.

Crowe LLP 해임: 감사위원회는 � � 번의 감사 주기(FY-2024) � Crowe LLP와� 계약� 종료했습니다. Crowe� 2024� 의견은 적정이었으며(부정적 또는 한정 의견 없음), 회사� 경영진과 관련하� 규정 S-K 항목 304(a)(1) 하에 이견이나 보고 대� 사건� 없다� 보고했습니다. Crowe� 동의서가 증거자료 16.1� 첨부되어 있습니다.

Grant Thornton LLP 선임: 감사위원회는 동시� Grant Thornton LLP� 2025 회계연도 신규 독립 등록 공인회계법인으로 선임했습니다. 회사� 2023, 2024 회계연도 � 이후 중간 기간 동안 Grant Thornton� 회계 문제� 잠재� 의견� 대� 상담하지 않았�� 확인했습니다.

투자� 참고 사항:

  • 이번 변경은 절차적인 성격으로 보이�, 이견� 없다� 점은 즉각적인 위험 신호� 낮춥니다.
  • 1� 만의 감사� 교체� 투자자들� 거버넌스 연속성과 향후 감사 비용 또는 일정� 대� 주시하게 � � 있습니다.
  • � 공시에서� 재무 재작�, 전망 변�, 수익 데이터가 공개되지 않았습니�.

Eton Pharmaceuticals, Inc. (NASDAQ : ETON) a déposé un formulaire 8-K pour annoncer une transition d’auditeur effective au 13 juin 2025.

Renvoi de Crowe LLP : Le comité d’audit a mis fin à sa collaboration avec Crowe LLP après un seul cycle d’audit (exercice 2024). L’opinion de Crowe pour 2024 était sans réserve (aucune opinion défavorable ou qualifiée), et la société n’a signalé aucun désaccord ni événement à déclarer avec la direction selon l’article 304(a)(1) du règlement S-K. La lettre de consentement requise de Crowe est jointe en annexe 16.1.

Nomination de Grant Thornton LLP : Le comité d’audit a simultanément engagé Grant Thornton LLP comme nouveau cabinet d’audit indépendant pour l’exercice 2025. La société confirme que, durant les exercices 2023, 2024 et la période intérimaire suivante, elle n’a pas consulté Grant Thornton sur des questions comptables ou d’éventuelles opinions avant la nomination.

À retenir pour les investisseurs :

  • Ce changement semble de nature procédurale ; l’absence de désaccords réduit le risque de signaux d’alerte immédiats.
  • Un changement d’auditeur après un an peut néanmoins inciter les investisseurs à surveiller la continuité de la gouvernance ainsi que les futurs frais ou délais d’audit.
  • Aucune révision financière, changement de perspectives ou données de résultats n’a été divulgué dans ce dépôt.

Eton Pharmaceuticals, Inc. (NASDAQ: ETON) hat ein Formular 8-K eingereicht, um einen Wechsel des Abschlussprüfers mit Wirkung zum 13. Juni 2025 bekannt zu geben.

Kündigung von Crowe LLP: Der Prüfungsausschuss hat Crowe LLP nach nur einem Prüfungszyklus (Geschäftsjahr 2024) entlassen. Die Meinung von Crowe für 2024 war ܲԱ𾱲Բä԰ (keine negativen oder eingeschränkten Meinungen), und das Unternehmen berichtete unter Punkt 304(a)(1) der Regulation S-K keine Meinungsverschiedenheiten oder meldepflichtigen Ereignisse mit dem Management. Das erforderliche Einvernehmen von Crowe ist als Anlage 16.1 beigefügt.

Ernennung von Grant Thornton LLP: Der Prüfungsausschuss hat gleichzeitig Grant Thornton LLP als neue unabhängige Wirtschaftsprüfungsgesellschaft für das Geschäftsjahr 2025 beauftragt. Das Unternehmen bestätigt, dass es im Geschäftsjahr 2023, 2024 und im anschließenden Zwischenzeitraum keine Beratung von Grant Thornton zu buchhalterischen Fragen oder möglichen Meinungen vor der Ernennung eingeholt hat.

Für Investoren wichtig:

  • Die Änderung erscheint prozedural; das Fehlen von Meinungsverschiedenheiten mindert unmittelbare Warnsignale.
  • Ein Wechsel des Abschlussprüfers nach einem Jahr könnte Investoren dennoch dazu veranlassen, die Kontinuität der Governance sowie künftige Prüfungsgebühren oder -fristen zu beobachten.
  • In dieser Meldung wurden keine finanziellen Neubewertungen, Prognoseänderungen oder Gewinnzahlen offengelegt.

false 0001710340 0001710340 2025-06-13 2025-06-13


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 

 
FORM 8-K
 

 
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
June 13, 2025

Date of Report (Date of earliest event reported)
 

 
ETON PHARMACEUTICALS, INC.
(Exact name of registrant as specified in its charter)
 
Delaware
001-38738
37-1858472
(State of
(Commission
(I.R.S. Employer
incorporation)
File Number)
Identification Number)
 
21925 W. Field Parkway, Suite 235
Deer Park, Illinois 60010-7278
(Address of principal executive offices) (Zip code)
 
(847) 787-7361
(Registrants telephone number, including area code)
 

 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading symbol(s)
 
Name of each exchange on which registered
Common Stock, par value $0.001 per share
 
ETON
 
NASDAQ Global Market
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company 
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 

 
Item 4.01. Changes in Registrants Certifying Accountant.
 
(a) Dismissal of Previous Independent Registered Public Accounting Firm.
 
(i) On June 13, 2025, the Company dismissed Crowe LLP as the Company’s independent registered public accounting firm, effective June 13, 2025. The decision to terminate Crowe LLP as the Company’s independent registered public accounting firm was approved by the Company's Audit Committee (the “Audit Committee”) of the Board of Directors of the Company at a meeting held on June 13, 2025.
 
(ii) The Crowe LLP report on the Company’s financial statements for the year ended December 31, 2024 did not contain an adverse opinion or a disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.
 
(iii) Crowe LLP was engaged by the Company on June 14, 2024, and served as the Company’s independent accountant for the fiscal year ended December 31, 2024. Crowe LLP did not audit the Company’s financial statements for any other fiscal year. From the date of Crowe LLP’s engagement, during the Company’s most recent fiscal year ended December 31, 2024 and the subsequent interim period through the date of this Current Report on Form 8-K, there were no disagreements, within the meaning of Item 304(a)(1)(iv) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended (“Regulation S-K”), and the related instructions thereto, with Crowe LLP on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Crowe LLP, would have caused it to make reference to the subject matter of the disagreements in connection with its reports. Also, during this same period, there were no reportable events within the meaning of Item 304(a)(1)(v) of Regulation S-K and the related instructions thereto.
 
(iv) The Company provided Crowe LLP with the disclosures under this Item 4.01(a) and requested Crowe LLP to furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the statements made by the Company in this Item 4.01(a) and, if not, stating the respects in which it does not agree. Crowe LLP’s letter is filed as Exhibit 16.1 to this Current Report on Form 8-K.
 
(b) Appointment of New Independent Registered Public Accounting Firm.
 
(i) On June 13, 2025, the Audit Committee approved the appointment of Grant Thornton LLP (“Grant Thornton”) as the Company’s new independent registered public accounting firm for the Company's fiscal year ended December 31, 2025. The Company notified Grant Thornton on June 13, 2025, that it would be engaged as the Company’s independent registered public accounting firm.
 
(ii) During the fiscal years ended December 31, 2023 and 2024 and the subsequent interim period through the Date of this Report, neither the Company, nor anyone on its behalf, consulted Grant Thornton regarding either (i) the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that might be rendered on the financial statements of the Company, and neither a written report nor oral advice was provided to the Company that Grant Thornton concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was the subject of a “disagreement” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) or a “reportable event” (as described in Item 304(a)(1)(v) of Regulation S-K).
 
2

 
Item 9.01: Financial Statements and Exhibits.
 
Exhibit No.
 
Description
     
Exhibit 16.1   Letter from Crowe LLP, dated June 20, 2025
Exhibit 104   Cover Page Interactive Data File (embedded within the Inline XBRL document)
 
 
3

 
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.
 
Date: June 20, 2025
By:
/s/ James R. Gruber
   
James R. Gruber
   
Chief Financial Officer and Secretary
   
(Principal Financial Officer)
 
4

FAQ

Why did ETON dismiss Crowe LLP as its auditor?

The filing states only that the Audit Committee decided on 13 June 2025 to dismiss Crowe LLP; no disagreements or adverse opinions were reported.

When does Grant Thornton’s engagement as ETON’s auditor begin?

Grant Thornton LLP was appointed on 13 June 2025 and will audit the fiscal year ending 31 December 2025.

Were there any accounting disagreements between ETON and Crowe LLP?

No. The company reports no disagreements on accounting principles, disclosures, or audit scope during Crowe’s tenure.

Does the 8-K include any financial restatements or earnings data?

No. The filing is limited to the auditor change and does not contain financial results or restatements.

Where can investors find Crowe LLP’s concurrence letter?

The letter is filed as Exhibit 16.1 to this Form 8-K, dated 20 June 2025.
Eton Pharmaceuticals

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Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
United States
DEER PARK