---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-24-015863"
form_type: "8-K"
ticker: null
cik: "0001585149"
company_name: "Dengfeng Group Ltd"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:58:37.529823+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dengfeng Group: CEO/CFO resign, new management appointed, Acorn Financial becomes controlling holder

## Summary
- Auditor BF Borgers resigned April 18, 2024; Kirtane & Pandit LLP appointed as new independent registered public accounting firm.
- Chan Yit Wei resigned as CEO, CFO, President, Treasurer, Secretary, and Director effective April 16, 2024.
- Malik Sherray Lee appointed President, CEO, and Chairman; Loke Sebastian Mun Foo appointed CFO, Treasurer, Secretary.
- Change in control: Acorn Financial Consulting Limited acquired ~33% voting rights for $4,208 via preferred stock transfers.

## SEC filing metadata
- accession: 0001493152-24-015863
- form_type: 8-K
- cik: 0001585149
- company_name: Dengfeng Group Ltd
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 4.01, 5.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-24-015863
- JSON: https://secwatch.observer/filing/0001493152-24-015863.json
- Plain text: https://secwatch.observer/filing/0001493152-24-015863.txt

## Key facts
- Auditor Changes
  BF Borgers, CPA PC resigned as auditor of Dengfeng Group Ltd.
  - Action: resignation
  - Auditor: BF Borgers, CPA PC
  source text: pril 18, 2024, Dengfeng Group Limited (the “Company”) received a letter of resignation from its principal independent accountant, BF Borgers, CPA PC (“BF Borgers”), terminating its engagement with the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- Auditor Changes
  Dengfeng Group Ltd engaged Kirtane & Pandit LLP as its auditor.
  - Action: engagement
  - Auditor: Kirtane & Pandit LLP
  source text: pril 18, 2024, the Board of Directors of the Company approved the engagement of Kirtane & Pandit LLP, Chartered Accountants. (“Kirtane & Pandit”) as the Company’s independent registered public accounting firm.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- Executive change
  Malik Sherray Lee was appointed as President, CEO, and Chairman of the Board of Directors at Dengfeng Group Ltd.
  - Action: appointed
  - Role: President, CEO, and Chairman of the Board of Directors
  source text: At the effective date of transfer, Malik Sherray Lee consented to act as the new President, CEO, and Chairman of the Board of Directors of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- Executive change
  Loke Sebastian Mun Foo was appointed as CFO, Treasurer and Secretary at Dengfeng Group Ltd.
  - Action: appointed
  - Role: CFO, Treasurer and Secretary
  source text: At the effective date of April 16th, 2024, Loke Sebastian Mun Foo, joined the Company as the CFO, Treasurer and Secretary of the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- Executive change
  Chan Yit Wei departed as Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and Director at Dengfeng Group Ltd.
  - Action: ceased
  - Role: Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and Director
  source text: Accordingly, Chan Yit Wei, serving as a CEO director and an officer, ceased to be the Company’s Chief Executive Officer, Chief Financial Officer, President, Treasurer, Secretary, and Director.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm
- M&A Transactions
  Dengfeng Group Ltd underwent a change of control involving Acorn Financial Consulting Limited for $4,208 (closed 2024-04-16).
  - Action: change of control
  - Counterparty: Acorn Financial Consulting Limited
  - Consideration: $4,208
  - Closing: 2024-04-16
  source text: issued and outstanding share capital of the Company on a fully diluted basis of the Company, and became the controlling shareholder. The consideration paid for the Shares was $4,208. The source of the cash consideration for the Shares was the personal funds of the Purchasers. Other than as described below, there are no arrangements or understandings among
  evidence_url: https://www.sec.gov/Archives/edgar/data/1585149/000149315224015863/0001493152-24-015863-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
