Kun Peng International Ltd. 8-K

What Happened

• Kun Peng International Ltd. (KPEA) filed an 8-K reporting that J&S Associate PTL resigned as the company’s independent registered public accounting firm (resignation received Dec 31, 2025; accepted by the Board on Jan 1, 2026).
• J&S’s audit reports for the fiscal years ended September 30, 2025 and 2024 were not adverse or qualified but did include an uncertainty about the company’s ability to continue as a going concern.
• The company engaged GGF CPA Ltd. as its new independent registered public accounting firm. J&S provided a letter dated Jan 5, 2026 (filed as Exhibit 16) agreeing with the company’s disclosure and confirming no disagreements.

Key Details

• Resignation received: December 31, 2025; Board acceptance: January 1, 2026.
• Affected audit periods: fiscal years ended September 30, 2025 and 2024; both audits included going-concern uncertainty but no adverse or qualified opinions.
• Disagreements/reportable events: none reported for the periods cited.
• New auditor: GGF CPA Ltd.; GGF is registered with the PCAOB and the company did not consult GGF on accounting or audit matters during the past two fiscal years.

Why It Matters

• Auditor changes are material because they affect the party responsible for auditing the company’s historical financial statements. Investors should note the auditor swap and review future audited reports for any changes in opinion or disclosures.
• The going-concern uncertainty in the prior audits signals financial risk already disclosed in those reports; the 8-K does not report any auditor disagreements or audit-related reportable events, which reduces concerns about an accounting dispute.
• Monitor upcoming filings (quarterly reports, future audit opinions) to see how the new auditor addresses the company’s financial condition and any continued going-concern disclosures.