Home / Auditor changes / IREN Ltd

3/5IREN Ltd (IREN): Auditor change

Filed 2025-11-28 路 Form 8-K 路 Accession 0001140361-25-043599 large

Market data

Price before filing: $48.45 (2025-11-26 close, split/dividend-adjusted)
Market cap at flag: $10.36B (2025-11-28) 路 Latest: $9.77B (2026-10-16)

What happened next

WindowIRENSPYvs SPY
30 days-18.7%+1.5%-20.2%2025-12-29
90 days-8.7%+1.7%-10.4%2026-02-26
180 days+40.0%+11.0%+29.0%2026-05-27

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.

Insider trading around this filing

90 days before the flag: 2 insiders sold $66.3M (2 sales)
30 days after: none reported.

DateInsiderTypeSharesPriceValue10b5-1 planSource
2025-09-11Roberts Daniel John
Co-Chief Executive Officer, Director
Sale1,000,000$33.13$33.1MnoForm 4
2025-09-11Roberts William Gregory
Co-Chief Executive Officer, Director
Sale1,000,000$33.13$33.1MnoForm 4
2025-11-28: red flag filed

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-08-30 to 2025-12-28. 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.

Verified excerpt

"On November 27 , 2025, KPMG LLP ("KPMG") was appointed as the independent registered public accounting firm of IREN Limited (the "Company"), effective November 27 , 2025, upon recommendation by the Audit and Risk Committee to the Company's board of directors (the "Board") and the approval of the Board."

Quoted from the filing. Source

What this means

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: dismissed
Disagreements reported: no
Former auditor: Raymond Chabot Grant Thornton LLP · New auditor: KPMG LLP

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

Get the weekly "Red Flags" newsletter

The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.

Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.

Form not showing? Subscribe on beehiiv →

Newsletter delivered by beehiiv. See our privacy policy.