other material
confidence high
sentiment negative
materiality 0.75
New Momentum Corp. (NNAX): auditor change — Auditor J&S resigns; New Momentum engages Aloba, Awomolo for 2025 audit
New Momentum Corp.
- J&S Associate PLT resigned as independent auditor effective April 29, 2025; board accepted.
- J&S reports for FY2023 and FY2024 contained no adverse opinion except going-concern note for 2024.
- Going-concern doubt noted: net current liabilities of $721,979 as of Dec 31, 2024.
- No disagreements or reportable events during 2023 or 2024 with prior auditor.
- Aloba, Awomolo & Partners engaged to audit FY2025; no prior consultations occurred.