other material
confidence high
sentiment neutral
materiality 0.50
ABVC BioPharma dismisses Simon & Edward, engages Kreit & Chiu CPA as new auditor
ABVC BIOPHARMA, INC.
- Audit committee dismissed Simon & Edward, LLP on June 30, 2026; engaged Kreit & Chiu CPA LLP for FY 2026.
- S&E's reports for FY 2024 and 2025 contained no adverse opinion except a going concern explanatory paragraph.
- No disagreements with S&E on accounting principles or audit scope during the two most recent fiscal years.
- Previously disclosed material weaknesses in internal control over financial reporting were the only reportable events.
- S&E provided a letter to the SEC agreeing with the disclosures, filed as Exhibit 16.1.