{"schema_version":"secwatch.filing_event.v1","accession":"0001753926-24-001709","form_type":"8-K","ticker":null,"cik":"0001623590","company_name":"Fintech Scion Ltd","filed_at":"2024-10-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.020668+00:00","generated_at":"2026-05-30T13:44:10.032910+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Fintech Scion to restate FY2023 financials; prior audited statements unreliable","bullets":["On Oct 16, 2024, concluded FY2023 audited financials and amendments should no longer be relied upon.","Restatement due to errors in acquisition results recognition, reverse merger recapitalization, and share count.","Company will file Form 10-K/A for year ended Dec 31, 2023 as soon as practicable.","Audit committee discussed with independent auditor Pan-China Singapore PAC.","Previously filed 10-K on Apr 5, 2024, with amendments on May 9, 10, 16, and Aug 28, 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001753926-24-001709","json":"https://secwatch.observer/filing/0001753926-24-001709.json","markdown":"https://secwatch.observer/filing/0001753926-24-001709.md","text":"https://secwatch.observer/filing/0001753926-24-001709.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1623590/000175392624001709/0001753926-24-001709-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1623590/000175392624001709/g084488_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T13:44:10.032910+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"8232bb72e6f2dad696afd592b0bcd6f9dabf9f6a","claim":"Fintech Scion Ltd reported that prior financial statements should not be relied upon.","evidence_excerpt":"On October 16, 2024, Fintech Scion Limited (the “Company”) after discussion with the audit committee of its board of directors concluded that the Company’s previously issued audited consolidated financial statements included in the Company’s Form 10-K for the year ended December 31, 2023, (the “Financial Statements” and the period covered thereby the “Affected Period”) initially filed with the Securities and Exchange Commission (“SEC”) on April 5, 2024, as amended on May 9, 2024, May 10, 2024, May 16, 2024 and August 28, 2024, should no longer be relied on.","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1623590/000175392624001709/0001753926-24-001709-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"},{"label":"Auditor","value":"Pan-China Singapore PAC"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}