Business Context and Reporting Period
This Form 6-K filing by Knorex Ltd. covers the month of December 2025. The report discloses a material corporate governance event: the change of the company's 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 the auditor transition and related disclosures.
Material Changes
- Auditor Dismissal: On November 26, 2025, the Audit Committee dismissed Kreit & Chiu CPA LLP (K&C) effective immediately.
- New Appointment: Assentsure PAC was appointed as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, and was formally engaged on November 26, 2025.
- Prior Audit Opinions: K&C's reports for the years ended December 31, 2024, and 2023 contained no adverse or disclaimer opinions. However, they included an emphasis of the Company's going concern uncertainty.
- Disagreements: The Company reported no "disagreements" or "reportable events" with K&C during the fiscal years 2023 and 2024, or the subsequent period through November 26, 2025.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, management outlook, or new risk factors beyond the context of the auditor change. It confirms that no consultations regarding accounting principles or audit opinions occurred with the new auditor (Assentsure) prior to their engagement.
Investor Verification Checklist
- Verify the reasons for the dismissal of Kreit & Chiu CPA LLP, given the prior "going concern" emphasis in their reports.
- Review the letter from the predecessor auditor (Exhibit 99.1) to confirm their agreement with the Company's disclosures regarding the change.
- Monitor upcoming financial statements for any changes in audit opinion or going concern assessments by the new auditor, Assentsure PAC.
- Confirm the status of the Company's liquidity and going concern status in subsequent filings, as the prior auditor had highlighted this uncertainty.