GoLogiq, Inc.: auditor change — GoLogiq restates FY2022 and Q1-Q3 2023 financials over acquisition accounting error

GoLogiq, Inc.

Board determined Dec 31, 2022 audited and Q1-Q3 2023 unaudited statements should not be relied upon.
Jan 2022 acquisition of AppLogiq/Createapp from Logiq was incorrectly accounted as business combination.
Correct treatment: capital transaction with public shell, excess fair value over net assets reduces equity.
Current auditor Centurion ZD CPA & Co. engaged to perform re-audit of affected periods.
Reliance withdrawn from all related earnings releases, investor presentations for those periods.

item 4.02

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

GoLogiq, Inc. reported that prior financial statements should not be relied upon.

Action: non reliance
Auditor: Centurion ZD CPA & Co.

Exact text from the filing

the Company’s previously issued audited financial statements as of December 31, 2022, as well as the unaudited interim financial statements for the first three quarterly periods of the year ended December 31, 2023, (together, the “Affected Periods”) should be restated and accordingly, should no longer be relied upon

View on SEC.gov

Browse all auditor changes →

Source: SEC EDGAR

accession 0001575872-24-000126

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.