Home / Auditor changes / Terrestrial Energy Inc. /DE/
Filed 2025-11-24 路 Form 8-K 路 Accession 0001104659-25-115406 small
Price before filing: $9.62 (2025-11-21 close, split/dividend-adjusted)
Market cap at flag: $631.2M (2025-11-24) 路 Latest: $323.1M (2026-10-16)
| Window | IMSR | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -26.8% | +5.1% | -31.9% | 2025-12-24 |
| 90 days | -36.5% | +3.9% | -40.3% | 2026-02-23 |
| 180 days | -14.0% | +14.5% | -28.6% | 2026-05-26 |
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: no open-market insider sales or purchases reported.
30 days after: none reported.
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-26 to 2025-12-24. 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.
"On November 21, 2025, the Audit Committee approved the dismissal of WithumSmith+Brown, PC (" Withum "), the independent registered public accounting firm of HCM II prior to the consummation of the Merger, as the independent registered public accounting firm of the Registrant, effective as of the date of notice to Withum, which was delivered to Withum on Monday, November 24, 2025."
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: routine (post-merger auditor consolidation)
Disagreements reported: no
Former auditor: WithumSmith+Brown, PC · New auditor: UHY LLP
Why this score: routine: auditor replaced after company merger/SPAC deal
Read the original filing on SEC.gov →
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Not investment advice. Automated summary; verify against the filing.
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