Home / Auditor changes / Pangaea Logistics Solutions Ltd.

3/5Pangaea Logistics Solutions Ltd. (PANL): Auditor change

Filed 2025-08-29 路 Form 8-K 路 Accession 0001606909-25-000148 small

Market data

Price before filing: $5.1 (2025-08-28 close, split/dividend-adjusted)
Market cap at flag: $340.6M (2025-08-29) 路 Latest: $490.1M (2026-10-16)

What happened next

WindowPANLSPYvs SPY
30 days-2.2%+2.6%-4.7%2025-09-29
90 days+33.3%+5.6%+27.7%2025-11-28
180 days+74.1%+7.4%+66.7%2026-02-25

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.

Verified excerpt

"Following that process, on August 27, 2025, the Company informed Grant Thornton LLP ("Former Auditor") of its dismissal as the Company's independent registered public accounting firm, effective immediately."

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: Grant Thornton LLP · New auditor: Deloitte & Touche LLP

Read the original filing on SEC.gov →

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

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