Simpple Swaps Auditors: Audit Alliance Out, TQ International In
SPPL sits 27% above its 52-week low of $1.5.
Summary
Simpple Ltd. replaced its independent auditor, dismissing Audit Alliance LLP and engaging TQ International, PLLC effective September 22, 2026, with no reported disagreements or reportable events.
Key Events · Corporate Governance and Compliance · SPPL
-
Auditor Change
The Audit Committee approved the dismissal of Audit Alliance LLP and the engagement of TQ International, PLLC as independent auditor, effective September 22, 2026.
-
Clean Handoff
There were no disagreements or reportable events with Audit Alliance LLP for fiscal years 2024 and 2025; prior audit reports contained no adverse opinions or disclaimers.
-
Exhibit 16.1 Filed
Audit Alliance LLP furnished a letter dated October 9, 2026 agreeing with the company's disclosures as they pertain to the firm.
Analysis · SPPL · Trade & Services
Effective September 22, 2026, Simpple dismissed Audit Alliance LLP and engaged TQ International, PLLC as its independent auditor. The filing states there were no disagreements or reportable events with the prior auditor for fiscal years 2024 and 2025, and the prior auditor's reports contained no adverse opinions or disclaimers. Auditor changes can unsettle investors, but the clean handoff language reduces the likelihood of an accounting dispute. The company is a small-cap with a market cap around $18.6 million, so governance changes carry outsized weight relative to its size.
How filings like this one have moved
In the 30 days to Oct 9, 2026, 28.5% of the 1660 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.51%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, SPPL was trading at $1.90 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $18.6M. The 52-week trading range was $1.50 to $7.00. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.