---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-24-085841"
form_type: "8-K"
ticker: "BIOE"
cik: "0001723059"
company_name: "Bio Essence Corp"
filed_at: "2024-10-07T23:59:59+00:00"
generated_at: "2026-05-30T19:21:12.343003+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Bio Essence Corp. restates Q1 2024 financials due to unapproved lease termination accounting error

## Summary
- Determined on Aug 19, 2024 that financial statements for Q1 ended March 31, 2024 cannot be relied upon.
- Error: prematurely wrote off right-of-use asset and lease liability from lease termination not approved by landlord.
- Corrective action: will file an amended Form 10-Q/A with updated financials keeping the lease liabilities.
- Board discussed the matter with the Company's independent accountant prior to filing this 8-K.

## SEC filing metadata
- accession: 0001213900-24-085841
- form_type: 8-K
- ticker: BIOE
- cik: 0001723059
- company_name: Bio Essence Corp
- filed_at: 2024-10-07T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 4.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723059/000121390024085841/0001213900-24-085841-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723059/000121390024085841/ea021696801-8k_bioessence.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-24-085841
- JSON: https://secwatch.observer/filing/0001213900-24-085841.json
- Plain text: https://secwatch.observer/filing/0001213900-24-085841.txt

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