Addentax Group (NASDAQ: ATXG) replaces PCS with HML PLT as auditor
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Addentax Group Corp. filed a current report describing a change in its independent auditor. On March 25, 2026, the company dismissed Pan-China Singapore PAC and appointed HML PLT as its new independent registered public accounting firm for the fiscal year ending March 31, 2026.
The prior auditor’s reports for the fiscal years ended March 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications, and there were no disagreements or reportable events during those periods or the subsequent interim period. The former auditor has provided a letter to the SEC confirming its agreement with the company’s disclosures.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 4.01, 9.01
2 items
Item 4.01
Changes in Registrant's Certifying Accountant
Governance
The company changed its independent auditing firm, which may involve disagreements on accounting matters.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did Addentax Group Corp. (ATXG) announce in this 8-K filing?
Addentax Group Corp. reported a change in its independent auditor, dismissing Pan-China Singapore PAC and appointing HML PLT for the fiscal year ending March 31, 2026. The filing also confirms there were no disagreements or reportable events with the former auditor.
Why did Addentax Group Corp. change its independent registered public accounting firm?
The filing states that Addentax Group Corp. dismissed Pan-China Singapore PAC and appointed HML PLT as auditor but does not provide a specific reason. It emphasizes that there were no disagreements or reportable events with the former firm during the covered periods.
Were there any disagreements between Addentax Group Corp. and its former auditor PCS?
The company reports no disagreements with Pan-China Singapore PAC regarding accounting principles, financial statement disclosure, or audit procedures for fiscal years ended March 31, 2025 and 2024, or the subsequent interim period. No reportable events under Regulation S-K Item 304(a)(1)(v) occurred either.
What periods did Pan-China Singapore PAC audit for Addentax Group Corp.?
Pan-China Singapore PAC audited Addentax Group Corp.’s financial statements for the fiscal years ended March 31, 2025 and 2024. Its reports for those years contained no adverse opinion, disclaimer of opinion, or qualifications related to uncertainty, audit scope, or accounting principles.
Did Addentax Group Corp. or its representatives consult HML PLT before the appointment?
The company states that during the fiscal years ended March 31, 2025 and 2024, and the interim period through the effective date, neither Addentax Group Corp. nor anyone on its behalf consulted HML PLT on accounting treatment, audit opinions, disagreements, or reportable events.
What document did Pan-China Singapore PAC provide to support Addentax Group Corp.’s disclosure?
Pan-China Singapore PAC provided a letter addressed to the U.S. Securities and Exchange Commission dated March 25, 2026. The letter states whether the firm agrees with Addentax Group Corp.’s disclosures, and it is included as Exhibit 16.1 to the report.