Trident Digital shares surge 12.69% after-hours after replacing Marcum Asia with HYYH CPA as auditor amid internal control concerns.

Trident Digital surged 12.69% in after-hours trading following the announcement that it replaced Marcum Asia with HYYH CPA as its auditor for 2025 audits. The move comes amid ongoing internal control challenges, signaling a strategic shift to address governance concerns. While auditor changes often raise red flags, investors may have interpreted the replacement as a proactive step to strengthen oversight, potentially restoring confidence in the company’s financial reporting. The timing aligns with the stock’s after-hours rally, suggesting market participants viewed the change as a positive development to stabilize operations and rebuild trust with stakeholders.