other material
confidence high
sentiment neutral
materiality 0.60
ABVC BioPharma auditor WWC P.C. declines renewal; Simon & Edward LLP appointed
ABVC BIOPHARMA, INC.
- WWC agreed not to renew engagement effective Oct 10, 2024; Board approved non-renewal on Oct 17.
- Board approved engagement of Simon & Edward, LLP as new independent registered public accounting firm on Oct 17.
- WWC's reports for FY2022-2023 and interim Jun 2024 had no adverse opinion except a going concern paragraph.
- No disagreements or reportable events between Company and WWC during the relevant periods.
- Prior consultations with S&E regarding accounting principles or disagreements did not occur.