Business Context and Reporting Period
This Form 6-K filing by MKDWELL Tech Inc. is dated December 6, 2024, covering the month of December 2024. The registrant is a foreign private issuer based in Hsinchu, Taiwan, reporting a change in its independent registered public accounting firm.
Key Financial Metrics
The filing text does not provide specific values for revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on auditor transition details rather than financial performance data.
Material Changes
- Auditor Termination: The client-auditor relationship with Marcum Asia CPAs LLP ceased effective December 2, 2024, for both MKDWELL Tech Inc. and its subsidiary, MKDWELL Limited.
- Going Concern History: Audit reports dated May 2, 2024, by Marcum Asia contained explanatory paragraphs regarding the Company's and MKD BVI's ability to continue as a going concern.
- No Disagreements: The Company reported no disagreements with Marcum Asia regarding accounting principles, practices, disclosures, or audit scope during fiscal years 2022 and 2023, or the interim period through December 2, 2024.
Guidance, Outlook, and Risks
The Company is currently finalizing the appointment of a new registered accounting firm. No forward-looking guidance, management commentary on future operations, or specific risk factors beyond the historical going concern qualification were disclosed in this filing. The Company noted it has not yet received a confirmation letter from Marcum Asia regarding the statements made in this report.
Investor Verification Checklist
- Verify the identity and appointment date of the new independent registered public accounting firm.
- Review the most recent financial statements to assess the current status of the "going concern" qualification previously noted by Marcum Asia.
- Confirm whether the new auditor has issued any preliminary findings or qualifications upon engagement.
- Monitor for subsequent filings that may contain the required auditor confirmation letter from Marcum Asia.