Business Context and Reporting Period
This Form 6-K filing by AGM Group Holdings, Inc. covers the month of April 2022. The report discloses a material change in the Company's independent registered public accounting firm.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance regarding the auditor change.
Material Changes
- Dismissal of Previous Auditor: On April 5, 2022, the Company dismissed JLKZ CPA LLP as its independent registered public accounting firm.
- Approval Process: The decision was recommended and approved by the Audit Committee and the Board of Directors.
- Audit History: Reports issued by JLKZ CPA LLP for fiscal years ended December 31, 2020, 2019, and 2018 did not contain adverse opinions, disclaimers, or qualifications regarding uncertainty, scope, or accounting principles.
- Disagreements: There were no disagreements with JLKZ CPA LLP on accounting principles, practices, or auditing scope during the fiscal year ended December 31, 2021, or through the date of dismissal. No "reportable events" occurred.
- Appointment of New Auditor: The Audit Committee and Board of Directors ratified the appointment of TPS Thayer LLC as the new independent registered public accounting firm.
- Consultations: The Company did not consult TPS Thayer LLC regarding accounting principles or reportable events prior to their engagement.
Guidance, Outlook, and Risks
The filing does not contain financial guidance, management commentary on future outlook, or specific risk factors beyond the standard disclosure of the auditor change. The Company has requested a letter from the former auditor, JLKZ CPA LLP, confirming their agreement with the statements made in this report.
Key Facts for Investor Verification
- Verify the content of the letter from JLKZ CPA LLP (Exhibit 16.1) to confirm no undisclosed disagreements exist.
- Confirm the transition timeline and engagement letter details with the new auditor, TPS Thayer LLC.
- Review subsequent filings to ensure the new auditor's first report does not reveal previously undisclosed issues.
- Note that this filing contains no financial performance data for the period.