Cosmos Group Holdings Inc. (COSG): auditor change — Cosmos Group terminates auditor OO, engages LP; prior audit had going concern doubt

Cosmos Group Holdings Inc.

Board accepted resignation of Olayinka Oyebola & Co. (OO) effective April 3, 2025; engaged Lao Professional (LP) to audit FY2024.
OO's 2023 report included going concern qualification due to accumulated deficit of $205,499,215 and loss of $77,391,995.
No disagreements or reportable events occurred with OO during 2022-2023 periods.
Company had no prior consultations with LP regarding accounting principles or audit opinions before engagement.

item 4.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Olayinka Oyebola & Co. resigned as auditor of Cosmos Group Holdings Inc..

Action: resignation
Auditor: Olayinka Oyebola & Co.

Exact text from the filing

accepted the resignation of Olayinka Oyebola & Co. ("OO") as our independent registered public accountant, effective immediately

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Cosmos Group Holdings Inc. engaged Lao Professional as its auditor.

Action: engagement
Auditor: Lao Professional

Exact text from the filing

retained the firm of Lao Professional ("LP"), to audit our consolidated financial statements for our fiscal year ended December 31, 2024

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Cosmos Group Holdings Inc. filing history →

Source: SEC EDGAR

accession 0001213900-25-029193

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