Business Context and Reporting Period
This Form 6-K filing by Integrated Media Technology Limited, dated June 26, 2025, reports a change in the company's independent registered public accounting firm. The company is a foreign private issuer headquartered in Adelaide, Australia.
Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the audit firm.
Material Changes
- Appointment of New Auditor: The Audit Committee approved the engagement of Ramirez Jimenez International CPAs ("RJI CPAs") as the new independent registered public accounting firm, effective June 26, 2025, for the year ended December 31, 2024.
- Dismissal of Prior Auditor: Audit Alliance LLP was dismissed as the independent registered public accounting firm on June 26, 2025.
- Audit Status: The audit report for the fiscal year ended December 31, 2024, had not yet been issued by Audit Alliance at the time of dismissal. The 2023 audit report contained no adverse, qualified, or modified opinions.
Outlook, Risks, and Contingencies
The company confirmed there were no disagreements with Audit Alliance regarding accounting principles, financial statement disclosure, or auditing scope during the engagement period (December 30, 2021, through June 26, 2025). Additionally, no "reportable events" occurred during this period. The company also stated that no consultations were held with RJI CPAs regarding accounting principles or audit opinions prior to their engagement.
Key Facts for Investor Verification
- Verify the transition timeline and potential impact on the issuance of the 2024 financial statements.
- Review the letter from Audit Alliance (Exhibit 99.1) to confirm their agreement with the company's statements regarding the dismissal.
- Monitor future filings for the release of the 2024 audited financial statements by the new firm, RJI CPAs.