Jie "Jay" Yu was appointed as Chief Financial Officer at Ispire Technology Inc..
“On May 13, the Board of Directors (the “Board”) of the Company appointed Jie “Jay” Yu as the new Chief Financial Officer of the Company.”
Ispire Technology Inc. — fact timeline
Source-grounded facts extracted from Ispire Technology Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
James Patrick McCormick departed as Chief Financial Officer at Ispire Technology Inc..
“On May 13, 2025, Mr. James Patrick McCormick’s service to Ispire Technology Inc. (the “Company”) as its Chief Financial Officer ended, as did Mr. McCormick’s employment by the Company.”
Tirdad Rouhani departed as President at Ispire Technology Inc..
“Mr. Tirdad Rouhani is no longer President of Ispire Technology Inc. (the “Company”) or otherwise employed by the Company or any of the Company’s subsidiaries or affiliates, effective February 27, 2025.”
Ispire Technology Inc. engaged Marcum Asia CPAs LLP as its auditor.
“On February 18, 2025, the Audit Committee of the Board of Directors of Ispire Technology Inc. (the “Company”) approved the dismissal of CBIZ CPAs P.C. (“CBIZ CPAs”), the Company’s independent registered public accounting firm, effective immediately, and approved the appointment of Marcum Asia CPAs LLP (“Marcum Asia”) as the Company’s independent registered public account firm for the fiscal year ending June 30, 2025, effective immediately.”
Ispire Technology Inc. dismissed CBIZ CPAs P.C. as its auditor.
“On February 18, 2025, the Audit Committee of the Board of Directors of Ispire Technology Inc. (the “Company”) approved the dismissal of CBIZ CPAs P.C. (“CBIZ CPAs”), the Company’s independent registered public accounting firm, effective immediately, and approved the appointment of Marcum Asia CPAs LLP (“Marcum Asia”) as the Company’s independent registered public account firm for the fiscal year ending June 30, 2025, effective immediately.”
Ispire Technology Inc. incurred credit facility of up to $20 million with Avon River Ventures LLC at 15.25% maturing February 10, 2027 for the First Tranche.
“On February 10, 2025 (the "Closing Date"), Ispire Technology Inc. (the "Company") entered into a Master Loan and Security Agreement (the "MLSA") with Avon River Ventures LLC (the "Lender" or "Avon"). Pursuant to the MLSA, the Company issued a secured promissory note (the "Promissory Note") in the principal amount of up to $20 million”
Ispire Technology Inc. engaged CBIZ CPAs P.C. as its auditor.
“on December 17, 2024, CBIZ CPAs P.C. was engaged as the Company’s independent registered public accounting firm”
Marcum LLP resigned as auditor of Ispire Technology Inc..
“Company”) was notified that on November 1, 2024 CBIZ CPAs P.C., previously known as Mayer Hoffman McCann P.C., purchased substantially all of the attest business assets of Marcum LLP (“Marcum”), the Company’s independent registered public”
David Hessler was appointed as Chief Operating Officer at Ispire Technology Inc..
“appointed David Hessler as the new Chief Operating Officer of the Company and Aspire effective May 31, 2024”
Tirdad Rouhani was appointed as President at Ispire Technology Inc..
“appointed Tirdad Rouhani as the new President of the Company effective May 31, 2024”
David Hessler was appointed as Senior Vice President of Operations at Ispire Technology Inc..
“● David Hessler as Senior Vice President of Operations”
Dennis Lider was appointed as Senior Vice President of Cannabis Product Sales at Ispire Technology Inc..
“● Dennis Lider as Senior Vice President of Cannabis Product Sales”
John Patterson was appointed as Senior Vice President of International Nicotine at Ispire Technology Inc..
“● John Patterson as Senior Vice President of International Nicotine”
Daniel Machock departed as Chief Financial Officer at Ispire Technology Inc..
“On May 15, 2024, Chief Financial Officer Mr. Daniel Machock’s service to Aspire and the Company ended”
James Patrick McCormick was appointed as Chief Financial Officer at Ispire Technology Inc..
“On May 17, the Board of Directors (the “Board”) of Ispire Technology, Inc. (the “Company”) appointed James Patrick McCormick as the new Chief Financial Officer of the Company”
Ispire Technology Inc. reported fiscal third quarter ended March 31, 2024 results: revenue $30.0 million, net income Net loss of $5.9 million, EPS $0.11 per share.
“Revenue increased 24% to $30.0 million as compared to $24.1 million in the same period of 2023.”
Ispire Technology Inc. entered into JV Agreement with Chemular Inc., Touch Point Worldwide, Inc. d/b/a Berify, and Ike Tech LLC valued at $1 million in cash (effective 2024-04-05).
“ontribution, subscription, and joint venture agreement (the “JV Agreement”) with Chemular Inc., a Michigan corporation (“Chemular”), Touch Point Worldwide, Inc.”
Ispire Technology Inc. entered into Placement Agency Agreement with Roth Capital Partners, LLC and TFI Securities and Futures Limited (effective 2024-03-22).
“On March 22, 2024, Ispire Technology Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with Roth Capital Partners, LLC and TFI Securities and Futures Limited (the “Placement Agents”) and a securities purchase agreement (the “Purchase Agreement”) with certain purchasers”
Ispire Technology Inc. entered into Purchase Agreement with certain purchasers valued at approximately $10.6 million (effective 2024-03-22).
“On March 22, 2024, Ispire Technology Inc. (the “Company”) entered into a placement agency agreement (the “Placement Agency Agreement”) with Roth Capital Partners, LLC and TFI Securities and Futures Limited (the “Placement Agents”) and a securities purchase agreement (the “Purchase Agreement”) with certain purchasers pursuant to which the Company agreed to sell, in a secondary offering (the “Offering”), an aggregate of 2,050,000 shares (the “Shares”) of common stock, par value $0.0001 per share (the “Common Stock”), of the Company.”
Ispire Technology Inc. reported fiscal year 2024, which ends on June 30, 2024 results: revenue Revenue for cannabis vaping products for fiscal year 2024 is projected to be in the range of $80 million to $90 million. Guidance initiated.
“Fiscal Year 2024 Outlook Ispire is providing the following outlook for the cannabis and tobacco vaping products for fiscal year 2024, which ends on June 30, 2024. Revenue for cannabis vaping products for fiscal year 2024 is projected to be in the range of $80 million to $90 million, representing growth of 100% to 125% from fiscal year 2023.”
Ispire Technology Inc. reported the six-month period ended December 31, 2023 results: revenue $84.5 million, net income net loss was approximately $5.4 million, EPS $(0.10) per share.
“For the six-month period ended December 31, 2023, Ispire reported revenue of $84.5 million, compared to $58.8 million during the same period last year, an increase of 43.7%.”
Ispire Technology Inc. reported the fiscal second quarter ended December 31, 2023 results: revenue $41.7 million, net income Net loss of $4.0 million, EPS $(0.07) per share.
“Fiscal Second Quarter 2024 Financial Results ● Revenue increased 30.7% to $41.7 million as compared to $31.9 million in the same period of 2023.”
Ispire Technology Inc. engaged Marcum LLP as its auditor.
“On January 25, 2024, the Audit Committee (the “Audit Committee”) of the Board of the Company engaged Marcum LLP (“Marcum”) as the Company’s independent registered public accounting firm for the fiscal year ended June 30, 2024, effective immediately.”
Ispire Technology Inc. reported fiscal first quarter 2024, which ended on September 30, 2023 results: revenue Revenue increased 59.1% to $42.9 million, net income Net loss of $1.4 million.
“OF ISPIRE TECHNOLOGY INC. ISSUED ON NOVEMBER 14, 2023 Exhibit 99.1 Ispire Technology Inc. Reports Financial Results for the Fiscal First Quarter 2024 Overall Revenue Increased 59.1% to $42.9 Million; Gross Profit Increased 43.7% to $6.9 Million. Revenue from cannabis vaping products up 116.8% to $17.3 Million Revenue from tobacco vaping products up 34.8% to”
Ispire Technology Inc. reported the fiscal year ended June 30, 2023 results: revenue $115.6 million. Guidance raised.
“2023 Revenue from cannabis vaping products was up 100.4% to $40 Million. Revenue from tobacco vaping products was up 10.9% to $75.6 Million. Overall Revenue Increased 31.2% to $115.6 Million Issues Fiscal Year 2024 Outlook for Cannabis Vaping Products, Representing a Potential Growth between 100% and 125%, Outlook for Tobacco Vaping Products, Representing a Potential”
Ispire Technology Inc. reported that prior financial statements should not be relied upon.
“egistered accounting firm, MSPC Certified Public Accountants and Advisors, A Professional Corporation (“MSPC”), MSPC concluded that the Company’s unaudited financial statements at December 31, 2022 and for the six months then ended and at March 31, 2023 and for the nine months then ended (collectively, the “Unaudited Financial Statements”) should not be relied upon, and MSPC informed the audit committee of their conclusion. The unaudited financial statements should be restated to correct the amount at which intangible assets consisting of intellectual property rights which were transferred to the Company by a control party were recorded in the Unaudited”
Daniel J. Machock was appointed as Chief Financial Officer at Ispire Technology Inc..
“Effective as of August 3, 2023, following the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Daniel J. Machock to serve as the Chief Financial Officer of the Company following Mr. Wang’s promotion.”
Michael Wang was appointed as Co-Chief Executive Officer at Ispire Technology Inc..
“Effective as of August 3, 2023, following the recommendation of the Nominating and Corporate Governance Committee of the Board of Directors (the “Board”) of Ispire Technology Inc. (the “Company”), the Board appointed Michael Wang, the former Chief Financial Officer of the Company, to serve as Co-Chief Executive Officer of the Company.”
Christopher Robert Burch was appointed as Director at Ispire Technology Inc..
“Effective as of July 5, 2023, following the recommendation of the Nominating and Corporate Governance Committee of the Board, the Board appointed Christopher Robert Burch to replace Mr. Paritz and serve as a member of the Board, a member of the Audit Committee of the Board and as a member of the Compensation Committee of the Board.”
Joel Paritz resigned as Director at Ispire Technology Inc..
“Effective as of July 1, 2023, Joel Paritz resigned as a member of the Board of Directors (the “Board”) of Ispire Technology Inc. (the “Company”) as well as from his positions as chair of the Audit Committee of the Board and as member of the Compensation Committee of the Board.”
Ispire Technology Inc. reported the fourth quarter of 2023 (ending June 30, 2023) results: revenue $12 million to $15 million. Guidance initiated.
“Revenue for cannabis vaping products for the fourth quarter is projected at $12 million to $15 million, representing growth of 58% to 98% from the third quarter 2023.”
Ispire Technology Inc. reported the third quarter of 2023 (ended March 31, 2023) results: revenue $24.1 million, net income $3.1 million.
“● Revenue increased 26.9% to $24.1 million as compared to $19.0 million in the same period of 2022. Tobacco vaping products contributed $16.5 million and cannabis vaping products contributed $7.6 million to revenue during the third quarter 2023; ● Gross profit increased 51.9% to $4.5 million as compared to $3.0 million in the same period of 2022; ● Gross margin increased to 18.7% as compared to 15.7% in the same period of 2022. ● Total operating expenses increased 106.2% to $8.0 million as compared to $3.9 million in the same period of 2022; and ● Net loss of $3.1 million as compared to net loss of $1.0 million in the same period of 2022.”
Ispire Technology Inc. entered into Underwriting Agreement with US Tiger Securities, Inc. valued at 2,700,000 shares of common stock at $7.00 per share; gross proceeds approx. $18.9 million (effective 2023-04-03).
“On April 3, 2023, Ispire Technology Inc. (the " Company ") entered into an underwriting agreement (the " Underwriting Agreement ") with US Tiger Securities, Inc., acting as representative of the underwriters (the " Representative "), a copy of which is attached as Exhibit 1.1 hereto and incorporated herein by reference.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.