Digital Currency X Technology Inc. current report, Q1 FY2024

Filing Overview

This Form 6-K was filed by Chijet Motor Company, Inc., a foreign private issuer, for January 2024, and was signed on January 31, 2024. The filing identifies the company’s principal offices in Yantai, Shandong, China. The request metadata names Digital Currency X Technology Inc., but the filing itself names Chijet Motor Company, Inc.

Material Corporate Action

On January 28, 2024, Chijet engaged Assentsure PAC as its independent registered public accounting firm. Assentsure was appointed to audit the company’s consolidated financial statements for the fiscal years ended December 31, 2021, 2022, and 2023. The engagement was approved by the audit committee following a stated evaluation process.

Financial Metrics and Liquidity

The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance sheet figures, or other operating metrics.

Prior Auditor and Other Matters

The filing states that, before Assentsure’s engagement, neither the company nor anyone acting on its behalf consulted Assentsure regarding the matters described in Form 20-F Item 16F(a)(2)(i) and (ii). The filing does not provide further information about the prior auditor or the reasons for any auditor change.

Outlook, Risks, and Unusual Items

No guidance, forecast, management outlook, contingencies, litigation, or other material risks are disclosed in the provided filing text. The appointment of a new independent auditor to audit three fiscal years is the principal unusual corporate event reported.

Investor Verification Points

  • Verify the registrant’s identity, because the filing names Chijet Motor Company, Inc., while the request metadata names Digital Currency X Technology Inc.
  • Review subsequent filings for the results of Assentsure’s audits of the 2021, 2022, and 2023 consolidated financial statements.
  • Confirm whether the company disclosed a predecessor auditor, any disagreements, reportable events, or audit qualification matters in other filings.
  • Obtain the audited financial statements and assess the company’s revenue, profitability, cash position, debt, liquidity, and going-concern disclosures.