51Talk switches auditors from Marcum to Ernst & Young

Published 03/09/2025, 11:38
51Talk switches auditors from Marcum to Ernst & Young

SINGAPORE - 51Talk Online Education Group (NYSE American:COE), a global online education platform specializing in English education, announced Wednesday it has appointed Ernst & Young LLP as its new independent registered public accounting firm.

The company’s audit committee and board of directors approved the dismissal of Marcum Asia CPAs LLP on August 29, 2025, effective immediately. Ernst & Young will begin its role today and will audit the company’s consolidated financial statements for the fiscal year ending December 31, 2025.

51Talk stated in a press release that the transition was not the result of any disagreements with Marcum, and there are no matters regarding the change that require shareholder attention.

The company, which operates online and mobile education platforms connecting students with English teachers, uses a shared economy approach and data analytics to deliver personalized learning experiences.

51Talk’s business model focuses on making quality education accessible and affordable by enabling students to take live interactive English lessons on demand.

The education platform is listed on the NYSE American exchange under the ticker symbol COE.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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