Protopia Global Holdings Changes Auditor to Simon & Edward LLP

What Happened
Protopia Global Holdings filed an 8-K on August 17, 2026, announcing that it dismissed BCRG Group as its independent registered public accounting firm and appointed Simon & Edward LLP (S&E) to begin auditing the Company’s consolidated financial statements for the fiscal year ended June 30, 2026. The change follows S&E’s acquisition of BCRG’s attest business, effective June 15, 2026.

Key Details

• Dismissal and appointment disclosed under Item 4.01 of Form 8-K; filing date: August 17, 2026.
• S&E will start with the audit for the fiscal year ended June 30, 2026.
• BCRG’s audit reports for fiscal years ended June 30, 2025 and 2024 were not adverse or qualified but included an explanatory “substantial doubt about going concern” paragraph.
• There were no disagreements or reportable events between the Company and BCRG for those periods, except previously disclosed material weaknesses in the Company’s internal control over financial reporting. The Company requested a confirming letter from BCRG (filed as Exhibit 16.1, dated August 11, 2026).

Why It Matters
A change of auditors can affect investor confidence and signals a transition in who reviews the Company’s financial statements—here driven by an acquisition of BCRG’s attest practice by S&E. The prior auditor’s inclusion of a going-concern paragraph is a continued disclosure of financial uncertainty; however, BCRG did not issue adverse opinions or report disagreements. Investors should note the ongoing material weaknesses in internal control previously disclosed and monitor the upcoming S&E-audited financial statements for any changes in audit findings or disclosures.