Summary by Moomoo AI
Datadog, Inc., a leading monitoring and security platform for cloud applications, has announced the selection of Deloitte & Touche LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2024. The decision, made by the Audit Committee of Datadog's Board of Directors, will be presented for ratification by stockholders at the upcoming Annual Meeting scheduled for June 5, 2024. The meeting will be held virtually to enable broader participation and cost efficiency. Deloitte & Touche LLP has been auditing Datadog's financial statements since 2016. The ratification of the accounting firm is a standard procedure to ensure transparency and good corporate governance practices. The Audit Committee has the authority to appoint a different independent auditor at any time if deemed in the best interest of Datadog and its stockholders. The company has also filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2023, with the SEC, which is available for stockholders.