Global Interactive Technologies, Inc 8-K, filed Oct 27, 2023
Global Interactive Technologies, Inc. (GITS)
About this 8-K
Global Interactive Technologies, Inc filed this 8-K on October 27, 2023, reporting on events of October 23, 2023.
Items reported
- Item 4.01: Change of auditor
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 4.01 Termination of Registrant’s Certifying Accountant
| (a) | On August 9, 2023 the Audit Committee (the “Committee”) of the Board of Directors of Hanryu Holdings, Inc. (the “Company”) engaged OneStop Assurance, PAC (the “OneStop”) for limited purpose of conducting an independent review of the Company’s financial statement. |
| (b) | Upon satisfactory performance by the OneStop, the Committee recommended to the Board of Directors to retain the OneStop Ass as the Company’s independent registered public accounting firm. |
| (c) | Upon review by the Board of Directors of the Committee’s recommendation, the Board determined to not to extend BF Borgers CPA, PC’s contract as the Company’s independent registered public accounting firm. |
| (d) | During the year ended December 31, 2022 and 2021 and the subsequent interim period through August 9, 2023, there was no disagreements with BF Borgers CPA, PC (the “BF Borgers”) on any matter of accounting principals or practices, financial statement disclosure, or auditing scope or procedure, which, if not resulted to the BF Borgers ’s satisfaction, would have used it to make reference to the subject matter to disagreement(s) in connection with its report. |
| (e) | The Company has furnished the BF Borgers with a copy of the foregoing disclosure and requested the BF Borgers to furnish it with a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the foregoing statements. A copy of the letter of the BF Borgers to the Securities and Exchange Commission, dated October 25, 2023, is attached as an exhibit hereto. |
| (f) | During the two most recent fiscal years and in the subsequent interim period through August 9, 2023, the Company has not consulted with the OneStop with respect to the application of accounting principles to a specified transaction, either completed or proposed, or the type of audit opinion that would have been rendered on the Company’s consolidated financial statements, or any other matters set forth in Item 304(a)(2)(i) or (ii) of Regulation S-K. |
Item 9.01 Financial Statements and Exhibits
| Exhibit Number |
Exhibit Description | |
| 16.01 | Letter to SEC by BF Borgers CPA, PC to Securities and Exchange Commission Dated October 25, 2023 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
1
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| October 27, 2023 | HANRYU HOLDINGS, INC. | |
| By: | /s/ Changhyuk Kang | |
| Title: | CEO | |
2
Exhibit 16.01
 |
5400 W Cedar Ave Lakewood, CO 80226 Telephone: 303.953.1454 Fax: 303.945.7991 |
October 25, 2023
United States Securities and Exchange Commission
Office of the Chief
Accountant
100 F Street, N.E.
Washington, D.C. 20549
| Re: | Hanryu Holdings, Inc. |
Ladies and Gentleman:
We have read the statements under item 4.01 in the Form 8-K dated October 23, 2023, of Hanryu Holdings, Inc. (the “Company”) to be filed with the Securities and Exchange Commission and we agree with such statements therein as related to our firm. We have no basis to, and therefore, do not agree or disagree with the other statements made by the Company in the Form 8-K.
Sincerely Yours,
| /s/ BF Borgers CPA PC |
BF Borgers CPA PC
Certified Public Accountants
Lakewood, CO