Business Context and Reporting Period
This Form 6-K filing by CTW Cayman, a foreign private issuer, covers the month of September 2025. The report discloses a change in the company's certifying accountants, effective September 5, 2025.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report is strictly informational regarding the appointment of a new auditor and does not contain financial statement data.
Material Changes
- Accountant Change: The Company appointed Golden Ocean FAC PAC as its new independent registered public accounting firm, effective September 5, 2025.
- Previous Auditor: YCM CPA INC. was dismissed as the independent registered public accounting firm on the same date.
- Audit History: Audit reports issued by YCM for the fiscal years ended July 31, 2024, and 2023, did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
Guidance, Outlook, and Risks
The filing contains no financial guidance, outlook, or management commentary on business performance. Regarding risks and contingencies, the Company confirmed that during the most recent fiscal year and through the date of dismissal, there were no disagreements with the former auditor (YCM) on accounting principles, practices, or auditing scope. Additionally, no "reportable events" as defined in Regulation S-K occurred during this period.
Investor Verification Checklist
- Verify the independence and qualifications of the new auditor, Golden Ocean FAC PAC.
- Review the attached letter from YCM CPA INC. (Exhibit 99.1) to confirm their agreement with the Company's statements regarding the dismissal.
- Monitor future filings for the first financial statements audited by Golden Ocean to assess any potential changes in accounting treatment or disclosure.