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Sinovac Appoints UHY as Independent Auditor to Restore SEC and Nasdaq Compliance

Story Highlights
  • Sinovac Biotech has appointed U.S.-based UHY LLP as its new independent auditor effective October 24, 2025.
  • The new auditor will help Sinovac complete audits for 2021–2025 and overdue SEC filings to support Nasdaq compliance and potential trading resumption.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sinovac Appoints UHY as Independent Auditor to Restore SEC and Nasdaq Compliance

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The latest announcement is out from Sinovac Biotech ( (SVA) ).

On November 5, 2025, Sinovac Biotech announced that its Board’s Audit Committee approved the engagement of U.S.-based UHY LLP as the company’s independent auditor and registered public accounting firm, effective October 24, 2025. UHY will prioritize auditing Sinovac’s financial statements for fiscal years 2021 through 2025, including internal control audits for 2024 and 2025 and interim reviews for the six months ended June 30, 2024 and 2025, enabling the company to catch up on delayed SEC filings. Sinovac plans to file the outstanding Form 20-Fs and Form 6-Ks as soon as practicable to meet SEC and Nasdaq compliance requirements, a move the Board describes as a significant step toward reinforcing financial oversight and transparency and working with Nasdaq toward the goal of resuming trading in its shares.

Spark’s Take on SVA Stock

According to Spark, TipRanks’ AI Analyst, SVA is a Neutral.

Sinovac Biotech’s overall score reflects its strong liquidity and balance sheet, offset by poor financial performance and lack of earnings. The technical indicators suggest neutrality, and the valuation appears unattractive due to the negative P/E ratio.

To see Spark’s full report on SVA stock, click here.

More about Sinovac Biotech

Sinovac Biotech Ltd. is a China-based biopharmaceutical company specializing in the research, development, manufacturing and commercialization of vaccines against human infectious diseases. Its product portfolio includes vaccines for COVID-19 (CoronaVac®), enterovirus 71-related hand-foot-mouth disease, hepatitis A (Healive®), varicella, influenza, poliomyelitis, and pneumococcal disease, several of which have received World Health Organization prequalification and approvals in multiple countries, underpinning Sinovac’s strong position in both domestic and global vaccine markets.

Average Trading Volume: 8,227

Technical Sentiment Signal: Hold

Current Market Cap: $460.3M

For an in-depth examination of SVA stock, go to TipRanks’ Overview page.

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