Business Context and Reporting Period
This Form 6-K filing by Magic Empire Global Ltd covers the month of November 2022. The registrant is a foreign private issuer headquartered in Hong Kong. The primary purpose of this report is to disclose a change in the company's independent registered public accounting firm.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a disclosure of corporate governance changes rather than a financial performance statement.
Material Changes
- Accountant Change: Effective September 1, 2022, the previous auditor, Friedman LLP, combined with Marcum LLP. On November 7, 2022, the Audit Committee approved the dismissal of Friedman LLP and the engagement of Marcum Asia CPAs LLP as the new independent registered public accounting firm.
- Continuity of Service: Services previously provided by Friedman LLP will now be provided by Marcum Asia.
Outlook, Risks, and Management Commentary
Audit History and Disagreements: Friedman LLP's reports for the fiscal years ended December 31, 2021, and 2020 did not contain adverse opinions, disclaimers, or qualifications. There were no disagreements with Friedman regarding accounting principles, practices, or audit scope during the two most recent fiscal years or through November 7, 2022.
Reportable Events: The company confirmed there were no "reportable events" as defined in Item 304(a)(1)(v) of Regulation S-K for the relevant periods.
Consultation with New Auditor: Neither the company nor its representatives consulted Marcum Asia regarding any matters or reportable events set forth in Item 304(a)(1)(v) of Regulation S-K during the two most recent fiscal years or through November 7, 2022.
Key Facts for Investor Verification
- Verify the effective date of the transition from Friedman LLP to Marcum Asia CPAs LLP (September 1, 2022, for combination; November 7, 2022, for formal engagement).
- Confirm that no audit disagreements or reportable events occurred during the transition period.
- Review the attached Exhibit 16.1 (Letter from Friedman LLP) for any additional context regarding the departure.