Home / Auditor changes / SELLAS Life Sciences Group, Inc.
Filed 2025-06-06 路 Form 8-K 路 Accession 0001104659-25-057308 micro
Price before filing: $1.63 (2025-06-05 close, split/dividend-adjusted)
Market cap at flag: $151.8M (2025-06-06) 路 Latest: $1.89B (2026-10-16)
| Window | SLS | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | +33.1% | +5.0% | +28.2% | 2025-07-07 |
| 90 days | +9.2% | +9.8% | -0.6% | 2025-09-04 |
| 180 days | -5.5% | +16.0% | -21.5% | 2025-12-03 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 2 insiders bought $70K (2 purchases)
30 days after: 1 insider bought $15K (1 purchase)
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2025-05-22 | Kalin Katherine Bach Director | Purchase | 20,000 | $1.80 | $36K | no | Form 4 |
| 2025-05-30 | Wasman Jane Director | Purchase | 20,000 | $1.69 | $34K | no | Form 4 |
| 2025-06-06: red flag filed | |||||||
| 2025-06-12 | VAN NOSTRAND ROBERT L Director | Purchase | 10,000 | $1.48 | $15K | no | Form 4 |
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-03-08 to 2025-07-06. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"In connection with the merger, Moss Adams has resigned as the auditors of the Company and on June 3, 2025, the Audit Committee of the Company's Board of Directors accepted the resignation of Moss Adams and approved the appointment of Baker Tilly, as the successor to Moss Adams, as the Company's independent registered public accounting firm."
Quoted from the filing. Source
The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.
Type: resigned
Disagreements reported: no
Former auditor: Moss Adams LLP · New auditor: Baker Tilly US, LLP
Why this score: auditor resigned
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
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