SIMPPLE LTD. Form 6-K Summary
Business Context and Reporting Period
SIMPPLE LTD., a foreign private issuer filing annual reports on Form 20-F, filed this Form 6-K on May 14, 2024. The cover identifies the reporting month as January 2024, while the disclosed auditor-related matters extend through May 14, 2024.
Financial Metrics and Liquidity
The filing does not provide revenue, profit, cash flow, margins, debt, liquidity, balance-sheet data, or other operating or financial metrics.
Material Changes
- On January 2, 2024, the board approved the immediate dismissal of B F Borgers CPA PC as the Company’s independent registered public accounting firm.
- B F Borgers’ audit reports for the fiscal years ended December 31, 2021 and 2022 contained no adverse or disclaimer of opinion and were not qualified or modified for uncertainty, audit scope, or accounting principles.
- The Company reported no disagreements with B F Borgers regarding accounting principles, financial statement disclosure, or audit scope or procedures.
- The Company reported no reportable events during the years ended December 31, 2021 and 2022 or through May 14, 2024.
- On January 17, 2024, the audit committee approved the appointment of Audit Alliance LLP as independent registered public accounting firm for the year ended December 31, 2023 and the six-month period ended June 30, 2024.
- The Company stated that neither it nor anyone acting on its behalf consulted Audit Alliance LLP during the relevant period regarding accounting principles, audit opinions, disagreements, or reportable events.
Guidance, Outlook, Risks, and Unusual Items
The filing contains no financial guidance or operating outlook. The principal disclosed governance change is the replacement of the independent auditor. Exhibit 99.1 contains B F Borgers’ letter to the SEC regarding the Company’s disclosures.
Important Facts to Verify
- Review B F Borgers’ Exhibit 99.1 letter and confirm whether it concurs with the Company’s statements.
- Confirm Audit Alliance LLP’s completion and conclusions for the December 31, 2023 audit and the six-month period ending June 30, 2024.
- Review subsequent filings for any changes to auditor status, audit opinions, internal controls, or reportable events.
- Obtain the Company’s financial statements separately, as this Form 6-K provides no financial performance or liquidity information.