{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-25-004640","form_type":"8-K/A","ticker":"NXTT","cik":"0001784970","company_name":"Next Technology Holding Inc.","filed_at":"2025-01-17T23:59:59+00:00","discovered_at":"2026-05-14T18:03:04.845093+00:00","generated_at":"2026-05-27T23:19:46.357115+00:00","sec_items":["4.02","9.01"],"event_type":"other","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Next Technology Holdings restates March 31, 2024 financials due to accounting errors","bullets":["Audit committee concluded on Sept 12, 2024 that March 31, 2024 10-Q should no longer be relied upon.","Corrections include $4.14M under-provision for tax, $194K other income overstatement, $264K digital assets error.","Other fixes: $12K related party loan adjustment, $50K reclassification, $211K prior year accumulated deficit.","Company filed revised Form 10-Q/A on Sept 12, 2024 with all corrections."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-25-004640","json":"https://secwatch.observer/filing/0001213900-25-004640.json","markdown":"https://secwatch.observer/filing/0001213900-25-004640.md","text":"https://secwatch.observer/filing/0001213900-25-004640.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025004640/0001213900-25-004640-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025004640/ea0228063-8ka1_nexttech.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-27T23:19:46.357115+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":"7d2680e4cc1b19e4de96f00b3c9b290f550ec134","claim":"Next Technology Holding Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"On September 12, 2024, the audit committee of Next Technology Holding Inc. (formerly known as WeTrade Group Inc.) (the “Company”), after discussion with the management of the Company, and in consultation with the Company’s independent registered public accounting firm, concluded that financial statements included in the Form 10-Q for the quarter ended March 31, 2024 filed on May 20, 2024 should no longer be relied upon as a result of incorrect accounting treatment in other income and prior year accumulated deficits, understatement of tax expenses, tax payable and deferred tax liabilities.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1784970/000121390025004640/0001213900-25-004640-index.htm","confidence":1.0,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"JWF Assurance PAC"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}