Business Context and Reporting Period
This Form 6-K filing by AGM Group Holdings, Inc. covers the month of May 2024, specifically dated May 10, 2024. The report discloses a material change in the Company's certifying accountant.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly informational regarding the change in audit firm and does not contain financial performance data.
Material Changes
- Resignation of Previous Auditor: On May 10, 2024, HTL International, LLC ("HTL") notified the Company of its decision to resign as the independent registered public accounting firm.
- Appointment of New Auditor: The Audit Committee and Board of Directors approved and ratified the appointment of GGF CPA LTD ("GGF") as the new independent registered public accounting firm.
- Audit Disagreements: The Company reported no disagreements with HTL regarding accounting principles, financial statement disclosure, or auditing scope during the fiscal year ended December 31, 2023, and through May 10, 2024. No "reportable events" occurred.
- Consultation with New Auditor: The Company confirmed no consultations with GGF regarding accounting principles or audit opinions prior to their engagement.
Guidance, Outlook, and Risks
The filing does not contain management guidance, financial outlook, or specific risk factors beyond the standard disclosure of the auditor change. The Company has requested a letter from HTL confirming agreement with the statements regarding the resignation, which is attached as Exhibit 16.1.
Key Facts for Investor Verification
- Verify the receipt and content of the letter from HTL International, LLC (Exhibit 16.1) confirming no disagreements with the Company.
- Confirm the effective date of the engagement with the new auditor, GGF CPA LTD.
- Monitor future filings (Form 20-F) to ensure the new auditor issues an unqualified opinion on the Company's financial statements.
- Note that no financial statements were issued by HTL as of the date of this report.