GWLL 8-K
Goldenwell Biotech, Inc. (GWLL)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington D.C. 20549
FORM
CURRENT REPORT
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Item 4.01 Changes in Registrant’s Certifying Accountant
(a) On January 23, 2025, Goldenwell Biotech, Inc. (the “Company”) notified Michael Gillespie & Associates, PLLC (“Michael Gillespie & Associates”) that the Company had dismissed Michael Gillespie & Associates as the independent registered public accounting firm of the Company. The Board of Directors of the Company recommended and approved the dismissal.
Michael Gillespie & Associates most recently served as the Company’s independent registered public accounting firm from November 14, 2024, until January 23, 2025, and reviewed financial statements contained in one Quarterly Report on Form 10-Q, such Form 10-Q being for the fiscal quarter ended September 30, 2024.
Michael Gillespie & Associates did not make or otherwise provide any reports regarding the Company’s financial statements as of December 31, 2024 and 2023, or the related consolidated statements of operations and comprehensive loss, consolidated statements of changes in stockholders’ equity, or consolidated statements of cash flows for the years then ended.
During the period of engagement, from November 14, 2024, through the date of dismissal on January 23, 2025, the Company had no disagreement with Michael Gillespie & Associates on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure. There were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K.
The Company provided Michael Gillespie & Associates a copy of the above disclosures and requested Michael Gillespie & Associates to furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the above statements. Michael Gillespie & Associates’s response is attached as Exhibit 16.1 to this Current Report on Form 8-K.
(b) On January 23, 2025, the board of directors of the Company resolved to engage the independent registered public accounting firm KCCW Accountancy Corp. (“KCCW”), as the Company’s new independent registered public accountants, which appointment KCCW has accepted.
During the two most recent fiscal years and the interim period preceding the engagement of Michael Gillespie & Associates, the Company has not consulted with KCCW regarding either: (i) the application of accounting principles, (ii) the type of audit opinion that might be rendered by KCCW or (iii) any other matter that was the subject of disagreement between the Company and its former auditor as described in Item 304(a)(1)(iv), or a reportable event as described in paragraph 304(a)(1)(v), of Regulation S-K. The Company did not have any disagreements with Michael Gillespie & Associates and therefore did not discuss any past disagreements with KCCW.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits:
Exhibit |
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| Letter from Michael Gillespie & Associates, PLLC, dated January 23, 2025 | |
104 |
| Cover Page Interactive Data File (embedded within the Inline XBRL Document) |
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SIGNATURES
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.
GOLDENWELL BIOTECH, INC. | |||
Date: January 23, 2025 | By: | /s/ Shuang Liu | |
| Name: | Shuang Liu | |
| Title: | Chief Executive Officer | ||
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EXHIBIT 16.1
January 23, 2025
U.S. Securities and Exchange Commission
Office of the Chief Accountant
100 F Street, NE
Washington, DC 20549
Commissioners:
We have read the statements made by Goldenwell Biotech, Inc. which we understand will be filed with the Securities and Exchange Commission, pursuant to Item 4.01 of Form 8-K, as part of the Form 8-K for the company dated January 23, 2025. We agree with the statements concerning our firm in such Form 8-K.
Sincerely,
/s/ MICHAEL GILLESPIE & ASSOCIATES, PLLC