Company: TVRD
Filing Date: 2025-05-13
Form Type: 8-K
Source: 0001104659-25-047856
Chunk: 3

Company: Tvardi Therapeutics, Inc.
Filing Date: 2025-05-13
Form: 8-K
Item: Item 4.01
Chunk 3
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Item 4.01. Changes in
Registrant’s Certifying Accountant.

(a)
Dismissal of Independent Registered Public Accounting Firm

On May 12,
2025, the Audit Committee (the “ Audit Committee”) of the Board of Directors of the Company dismissed Ernst & Young LLP
(“ EY”) as the Company’s independent registered public accounting firm, with such dismissal to become effective immediately
following the filing of the Company’s Quarterly Report on Form 10-Q for the quarter ended March 31, 2025 with the SEC (the “ Effective
Time”).

EY’s
audit reports on the Company’s consolidated financial statements as of and for the years ended December 31, 2024 and 2023 did not
contain an adverse opinion or a disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting
principles.

During the
Company’s fiscal years ended December 31, 2024 and 2023, and the subsequent interim period through May 12, 2025: (1) there were
no “disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K and the related instructions to Item 304) with EY on
any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements,
if not resolved to the satisfaction of EY, would have caused EY to make reference to the subject matter of such disagreements in connection
with its reports on the consolidated financial statements for such periods and (2) there were no “reportable events” (as defined
in Item 304(a)(1)(v) of Regulation S-K).

The Company
provided EY with a copy of this report prior to its filing with the SEC and requested that EY furnish the Company with a letter addressed
to the SEC stating whether EY agrees with the statements made by the Company in this report and, if not, stating the respects, if any,
in which EY does not agree with such statements. A copy of the letter from EY is filed with this Current Report on Form 8-K as Exhibit
16.1.

(b)
Engagement of New Independent Registered Public Accounting Firm

On May 12,
2025, the Audit Committee approved Deloitte & Touche LLP (“ Deloitte”) as the Company’s independent registered public
accounting firm for the fiscal year ending December 31, 2025. On May 13