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.

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