other
confidence high
sentiment neutral
materiality 0.30
Apple iSports Group reverses non-reliance statement, will not restate Q2 2024 financials
Apple iSports Group, Inc.
- Original Jan 7, 2025 8-K cited re-pricing of private placement from $1.00 to $0.25 per share for 80,000 shares, resulting in 320,000 additional shares.
- Prior disclosure indicated an additional $80,000 net loss for the June 30, 2024 period.
- After further analysis, company concludes net loss change was not warranted and is not material.
- Company will not restate the previously issued financial statements for the quarter ended June 30, 2024.