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Chaince Digital (NASDAQ: CD) changes auditor and adopts U.S. issuer reporting

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Chaince Digital Holdings Inc. reported two governance changes. The company dismissed OneStop Assurance PAC as its independent auditor on January 23, 2026, after the firm determined it could not continue because Chaince’s principal executive offices are in the United States. OneStop’s audit reports for 2023 and 2024 contained no adverse or qualified opinions, and the company states there were no disagreements or reportable events during those periods.

On January 24, 2026, Chaince appointed Tang Qian & Associates as its new independent registered public accounting firm for the year ended December 31, 2025. The company also plans to stop using foreign private issuer reporting and instead will voluntarily report as a U.S. domestic issuer, beginning with its Form 10-K and Form 10-Q for the 2025 fiscal year.

Positive

  • None.

Negative

  • None.

Insights

Auditor switch and U.S.-style reporting mark structural but not clearly value-changing shifts.

The company replaced OneStop Assurance PAC with Tang Qian & Associates after OneStop concluded it could not continue because Chaince’s principal executive offices are in the United States. The disclosure emphasizes that prior audit opinions for 2023 and 2024 were clean and that there were no disagreements or reportable events.

This framing reduces concern that the change stems from accounting disputes, presenting it instead as a logistical or regulatory alignment issue. The new auditor relationship will govern the 2025 financial statements, so future annual reporting quality will depend on Tang Qian’s work and any subsequent disclosures about its audit conclusions.

The decision to cease reporting as a foreign private issuer and voluntarily adopt domestic issuer reporting should increase alignment with U.S. reporting norms, including Form 10-K and Form 10-Q. Actual impact on investors will hinge on how clearly and promptly the company presents financial and governance information under the new regime.

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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

 

Date of Report (Date of Earliest Event Reported): January 23, 2026

 

Chaince Digital Holdings Inc.

 

(Exact Name of Registrant as Specified in Charter)

 

Cayman Islands

 

001-36896

 

N/A

(State or Other Jurisdiction of

Incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1251 Avenue of the Americas, Fl 41, New York, NY 10019

 

(Address of Principal Executive Offices) (Zip Code)

 

Registrant’s telephone number, including area code: (949) 678-9653

 

Not applicable

 

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading

Symbol(s)

  Name of each exchange on which registered
Common Shares, par value US$0.004 per share   CD   NASDAQ Global Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

Item 4.01 Changes in Registrant’s Certifying Accountant.

 

(a) Dismissal of Previous Independent Registered Public Accounting Firm

 

On January 23, 2026, Chaince Digital Holdings Inc. (the “Company”) dismissed OneStop Assurance PAC (“OneStop”) as the Company’s independent registered public accounting firm, effective immediately. OneStop, a Singapore-based firm that is registered with the Public Company Accounting Oversight Board (PCAOB), determined that it could not continue to serve as the Company’s independent registered public accounting firm because the Company’s principal executive offices are located in the United States.

 

The audit reports of OneStop on the Company’s consolidated financial statements for each of the two fiscal years ended December 31, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope or accounting principles.

 

The decision to change the Company’s independent registered public accounting firm was approved by the Audit Committee of the Board of Directors of the Company.

 

During the Company’s two most recently completed fiscal years ended December 31, 2024 and 2023 and the subsequent interim period through the date of dismissal, there were no disagreements between the Company and OneStop on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of OneStop, would have caused OneStop to make reference to the subject matter of the disagreements in connection with its audit reports on the Company’s financial statements. During the Company’s two most recently completed fiscal years ended December 31, 2024 and 2023 and the subsequent interim period through the date of dismissal, there were no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K).

 

The Company provided OneStop with a copy of this report on Form 8-K in accordance with Item 304(a)(3) of Regulation S-K prior to its filing with the Securities and Exchange Commission and requested that OneStop furnish the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements and, if it does not agree, the respects in which it does not agree. A copy of OneStop’s letter is filed as Exhibit 16.1 to this Current Report on Form 8-K.

 

(b) Appointment of New Independent Registered Public Accounting Firm

 

On January 24, 2026, following the approval of the Audit Committee of the Board of Directors, the Company appointed Tang Qian & Associates (“Tang Qian”) as the Company’s new independent registered public accounting firm for and with respect to the year ended December 31, 2025.

 

During the Company’s two most recently completed fiscal years and through the date of the Company’s appointment of Tang Qian, the Company did not consult with Tang Qian regarding: (i) the application of accounting principles to a specific completed or contemplated transaction, or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and no written or oral advice was provided by Tang Qian that was an important factor considered by the Company in reaching a decision as to accounting, auditing or financial reporting issues, or (ii) any matter that was either the subject of a disagreement or event, as set forth in Item 304(a)(1)(iv) or Item 304(a)(1)(v) of Regulation S-K.

 

 

 

 

Item 8.01. Other Events.

 

On January 26, 2026, the Board of Directors of the Company determined that the Company will cease reporting as a foreign private issuer and will instead file periodic reports with the Securities and Exchange Commission (the “SEC”) as a domestic issuer on a voluntary basis.

 

The Company currently qualifies as a foreign private issuer under Rule 3b-4 of the Securities Exchange Act of 1934, as amended. Beginning with its annual report for the fiscal year ended December 31, 2025, the Company expects to file its annual report on Form 10-K and to file its quarterly reports on Form 10-Q and current reports on Form 8-K, in each case in lieu of Form 20-F and Form 6-K, respectively.

 

The information contained under this Item 8.01 in this Current Report on Form 8-K is being furnished and shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section.

 

Item 9.01. Financial Statements and Exhibits.

 

Exhibit

No.

  Description
     
16.1   Letter to the Securities and Exchange Commission from OneStop Assurance PAC regarding the matters disclosed in Item 4.01 of this Current Report on Form 8-K.
104   Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

 

 

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.

 

Dated: January 28, 2026

 

  CHAINCE DIGITAL HOLDINGS INC.
     
  By: /s/ Shi Qiu
  Name: Shi Qiu
  Title: Chief Executive Officer

 

 

 

FAQ

What auditor change did Chaince Digital Holdings (CD) announce?

Chaince Digital Holdings dismissed OneStop Assurance PAC as its independent auditor effective January 23, 2026. OneStop’s reports for 2023 and 2024 had clean opinions, and the company states there were no disagreements or reportable events leading up to the dismissal.

Who is the new independent auditor for Chaince Digital Holdings (CD)?

Chaince Digital Holdings appointed Tang Qian & Associates as its new independent registered public accounting firm on January 24, 2026. The engagement covers the audit of the company’s consolidated financial statements for the year ended December 31, 2025, following approval by the board’s Audit Committee.

Did Chaince Digital (CD) report disagreements with its former auditor?

The company states there were no disagreements with OneStop Assurance PAC during 2023, 2024, or the subsequent interim period. It reports no issues regarding accounting principles, financial disclosures, or audit scope that would have required mention in OneStop’s audit reports under Regulation S-K definitions.

Why did OneStop Assurance PAC stop serving as Chaince Digital’s (CD) auditor?

OneStop, a Singapore-based PCAOB-registered firm, determined it could not continue as auditor because Chaince Digital’s principal executive offices are located in the United States. This determination led to its dismissal as the company’s independent registered public accounting firm effective January 23, 2026.

How will Chaince Digital Holdings (CD) change its SEC reporting status?

Chaince Digital plans to stop reporting as a foreign private issuer and instead report as a domestic issuer on a voluntary basis. Starting with the fiscal year ended December 31, 2025, it expects to file an annual report on Form 10-K and quarterly reports on Form 10-Q.

What correspondence did OneStop Assurance PAC provide regarding Chaince Digital (CD)?

Chaince Digital requested a letter from OneStop addressed to the SEC stating whether it agrees with the company’s descriptions of the auditor change. That letter is included as Exhibit 16.1, providing formal confirmation or any noted differences regarding the disclosed statements.
Chaince Digital Holdings Inc

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