On March 13, 2026, Karat Packaging Inc. announced the engagement of BDO USA, P.C. as its new independent registered public accounting firm for the fiscal year ending December 31, 2026. This decision was made by the Audit Committee of the Board of Directors. Concurrently, the company dismissed PricewaterhouseCoopers LLP (PwC) from its role as the independent accountant. Notably, PwC's reports for the years ended December 31, 2025, and December 31, 2024, did not contain any adverse opinions or disclaimers, indicating a clean audit history. The transition appears to be a strategic move to enhance the company's financial oversight and reporting capabilities. The company has confirmed that there were no disagreements with PwC regarding accounting principles or practices during their tenure. The decision to change auditors is often viewed as a routine administrative action, reflecting the company's commitment to maintaining robust governance and compliance standards. The company has provided PwC with a copy of the current report and requested a letter confirming their agreement with the disclosures made in the filing. This change is expected to have a neutral impact on the stock price, as it does not indicate any underlying issues with the company's financial health or operations.

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