{"schema_version":"secwatch.filing_event.v1","accession":"0001185185-25-001074","form_type":"8-K","ticker":"FUST","cik":"0001636051","company_name":"FUSE GROUP HOLDING INC.","filed_at":"2025-08-27T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.534169+00:00","generated_at":"2026-05-17T09:43:00.249882+00:00","sec_items":["4.01","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Fuse Group dismisses auditor KCCW, engages Simon & Edward; cites material weaknesses in internal controls","bullets":["Board dismissed KCCW as independent auditor on August 21, 2025; engaged Simon & Edward, LLP effective same day.","KCCW's 2024 audit report included a going concern uncertainty about the Company's ability to continue.","Reportable events: no audit committee, inadequate IT controls, insufficient accounting personnel with GAAP/SEC expertise.","These material weaknesses have not been remediated as of the filing date."],"urls":{"canonical":"https://secwatch.observer/filing/0001185185-25-001074","json":"https://secwatch.observer/filing/0001185185-25-001074.json","markdown":"https://secwatch.observer/filing/0001185185-25-001074.md","text":"https://secwatch.observer/filing/0001185185-25-001074.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1636051/000118518525001074/0001185185-25-001074-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1636051/000118518525001074/fust8k082325.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T09:43:00.249882+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"38fc4db432075fd4e7e42d8db223210761a3d4f0","claim":"FUSE GROUP HOLDING INC. engaged Simon & Edward, LLP as its auditor.","evidence_excerpt":"On August 21, 2025, the Company’s Board of Directors approved the engagement of Simon & Edward, LLP (“Simon & Edward”), as the Company’s independent registered public accounting firm, effective as of August 21, 2025.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518525001074/0001185185-25-001074-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"engagement"},{"label":"Auditor","value":"Simon & Edward, LLP"}],"fact_type":"auditor_change"},{"claim_id":"ca0d5736c0615a490060b343526acf35c9fe421e","claim":"FUSE GROUP HOLDING INC. dismissed KCCW Accountancy Corp. as its auditor.","evidence_excerpt":"On August 21, 2025, the Board of Directors of Fuse Group Holding Inc. (the “Company”) approved the dismissal of KCCW Accountancy Corp. (“KCCW”) as the Company’s independent registered public accounting firm, effective immediately.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1636051/000118518525001074/0001185185-25-001074-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"dismissal"},{"label":"Auditor","value":"KCCW Accountancy Corp."},{"label":"Successor","value":"Simon & Edward, LLP"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}