Next Technology restates Q1 2024 financials; non-reliance on prior filing due to accounting errors

Next Technology Holding Inc.

Audit committee concluded Q1 2024 10-Q filed May 20, 2024 can no longer be relied upon; restated via Amendment No.1 filed Sep 12, 2024.
Under-provision of tax expenses and deferred tax liabilities of $4,142,759 corrected.
Other income overstated by $194,622; digital assets fair value error of $263,947 adjusted.
Prior-year accumulated deficit increased by $211,738 due to loss on discontinued operation.
Company discussed findings with independent auditor JWF Assurance PAC.

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