---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-032241"
form_type: "8-K"
ticker: null
cik: "0001509223"
company_name: "Moatable, Inc."
filed_at: "2025-04-04T23:59:59+00:00"
generated_at: "2026-05-23T20:57:42.634986+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Moatable restates multiple periods due to sales tax liability accounting errors

## Summary
- Non-reliance on prior audited FY2023 and quarterly reports for 2023/2024 due to sales tax accounting errors.
- Understatement of sales tax liability ~$3.6M ($2.3M for 2021-2023, $0.9M for 9mo ended Sep 30, 2024).
- Material weakness in ICFR identified; management deems disclosure controls ineffective; remediation plan in place.
- Restated FY2023 results and impacted 2023/2024 quarters to be included in upcoming 2024 Form 10-K.

## SEC filing metadata
- accession: 0001104659-25-032241
- form_type: 8-K
- cik: 0001509223
- company_name: Moatable, Inc.
- filed_at: 2025-04-04T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 4.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1509223/000110465925032241/0001104659-25-032241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1509223/000110465925032241/tm2511605d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-032241
- JSON: https://secwatch.observer/filing/0001104659-25-032241.json
- Plain text: https://secwatch.observer/filing/0001104659-25-032241.txt

## Key facts
- Auditor Changes
  Moatable, Inc. reported that prior financial statements should not be relied upon.
  - Action: non reliance
  - Auditor: Marcum Asia CPAs LLP
  source text: ndependent registered public accounting firm, Marcum Asia CPAs LLP. Cautionary Statement Regarding Forward-Looking Statements This Current Report on
  evidence_url: https://www.sec.gov/Archives/edgar/data/1509223/000110465925032241/0001104659-25-032241-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.