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[6-K] DIGIASIA CORP. Current Report (Foreign Issuer)

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

DigiAsia Corp. reports a change in its independent auditor. EC Barrett, LLC resigned as the company’s auditor on October 15, 2025 after determining that scope limitations during its audit prevented it from obtaining sufficient appropriate audit evidence to complete the engagement in accordance with generally accepted auditing standards. On November 15, 2025, after approval by the Board of Directors and its Audit Committee, DigiAsia appointed Mercurius & Associates LLP as the new independent registered public accounting firm, with the engagement effective November 26, 2025.

The company states that its decision to appoint Mercurius was not due to any disagreement with EC Barrett on accounting principles, practices, or financial statement disclosure. DigiAsia also notes that it did not consult Mercurius on accounting or auditing matters before the engagement. EC Barrett’s response letter to the U.S. Securities and Exchange Commission is included as an exhibit.

Positive

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Insights

Auditor resignation over scope limitations is a governance red flag.

The company explains that EC Barrett, LLC resigned as auditor after concluding that scope limitations during its audit prevented it from obtaining sufficient appropriate audit evidence under generally accepted auditing standards. This indicates the prior auditor was unable to complete the audit work as planned, which can raise concerns about access to information, documentation quality, or internal processes, even though the specific limitations are not detailed.

DigiAsia subsequently appointed Mercurius & Associates LLP as its new independent auditor, with Board and Audit Committee approval and an effective engagement date of November 26, 2025. The company states the change was not driven by disagreements on accounting principles, practices, or financial statement disclosure, and that it had not previously consulted Mercurius on accounting issues. Future audited financial statements and any remarks by Mercurius will help clarify whether the earlier scope limitations have been fully addressed.



 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the month of January 2026

 

Commission File Number 001-40613

 

DigiAsia Corp.

 

 


(Translation of registrant’s name into English)

 

One Raffles Place #28-02

Singapore 048616

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒ Form 40-F ☐

 



 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

Notice of Change of Auditor

 

On October 15, 2025, EC Barrett, LLC (“ECB”), the former independent registered public accounting firm of DigiAsia Corp. (the “Company”), resigned as the Company’s independent registered public accounting firm, effective immediately.

 

On November 15, 2025, upon the approval of the Board of Directors of the Company (the “Board”) and the Audit Committee of the Board (the “Audit Committee”), the Company approved the appointment of Mercurius & Associates LLP (“Mercurius”) as the Company’s independent registered public accounting firm. The Company and Mercurius entered into an engagement letter dated November 26, 2025, and Mercurius’s appointment became effective as of November 26, 2025.

 

The appointment of Mercurius was made after a careful consideration and evaluation process by the Company. The Company’s decision to appoint Mercurius was not the result of any disagreement between the Company and ECB on any matter of accounting principles or practices, or financial statement disclosure. There were no disagreements with ECB on any matter of accounting principles or practices, or financial statement disclosure, which disagreements that, if not resolved to ECB’s satisfaction, from the time of ECB’s engagement up to the date of its resignation, would have caused ECB to refer to in connection with its opinion to the subject matter of the disagreement.

 

Reportable Event. As described in ECB’s resignation letter, ECB advised the Company that it resigned following its professional assessment that certain scope limitations incurred during its audit prevented it from obtaining sufficient appropriate audit evidence to complete its engagement in accordance with generally accepted auditing standards (“GAAS”).

 

The Company provided ECB with a copy of the above disclosure and requested that ECB furnish the Company with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not it agrees with the above statements. A copy of ECB’s letter is filed as Exhibit 16.1 to this Form 6-K.

 

During the two most recent fiscal years and any subsequent interim periods prior to the engagement of Mercurius, neither the Company, nor anyone on behalf of the Company, has consulted Mercurius regarding either (a) the application of accounting principles to a specified transaction, either completed or proposed; or the type of audit opinion that might be rendered on the Company’s consolidated financial statements, and neither a written report was provided to the Company nor oral advice was provided that Mercurius concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing, or financial reporting issue; or (b) any matter that was the subject of a disagreement as defined in Item 16F(a)(1)(iv) of Form 20-F and related instructions to Item 16F of Form 20-F, or any reportable events as described in Item 16F(a)(1)(v) of Form 20-F. 

 

Financial Statements and Exhibits

 

Exhibits No.

 

Description

16.1

 

Letter of EC Barrett, LLC, dated January 21, 2026.

 

 

 

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, thereunto duly authorized.

 

 

DigiAsia Corp.

(Registrant)

     

Date: January 26, 2026

By:

/s/ Prashant Gokarn

 

Name:

Prashant Gokarn

 

Title:

Co-Chief Executive Officer

 

 

 

Exhibit 16.1

 

 

 

digiasiaform6-kexhibit161.jpg

 

 

 

FAQ

Why did DigiAsia Corp. (FAAS) change its independent auditor?

DigiAsia Corp. reports that EC Barrett, LLC resigned as its independent registered public accounting firm on October 15, 2025, and the company subsequently appointed Mercurius & Associates LLP as the new auditor after Board and Audit Committee approval.

What reason did EC Barrett, LLC give for resigning from DigiAsia Corp. (FAAS)?

According to the company, EC Barrett, LLC advised that it resigned after its professional assessment that certain scope limitations during its audit prevented it from obtaining sufficient appropriate audit evidence to complete the engagement in accordance with generally accepted auditing standards.

When did Mercurius & Associates LLP become auditor for DigiAsia Corp. (FAAS)?

Mercurius & Associates LLP was approved as DigiAsia Corp.’s independent registered public accounting firm on November 15, 2025, and its appointment became effective with an engagement letter dated November 26, 2025.

Were there any disagreements between DigiAsia Corp. (FAAS) and EC Barrett, LLC?

DigiAsia Corp. states that the decision to appoint Mercurius & Associates LLP was not the result of any disagreement with EC Barrett, LLC on accounting principles, practices, or financial statement disclosure, and that there were no such unresolved disagreements during EC Barrett’s engagement.

Did DigiAsia Corp. (FAAS) consult Mercurius & Associates before engaging them?

The company discloses that during the two most recent fiscal years and any subsequent interim periods before the engagement, neither DigiAsia Corp. nor anyone on its behalf consulted Mercurius & Associates LLP on accounting principles, audit opinions, or matters that would constitute disagreements or reportable events under Form 20-F.

What additional document related to the auditor change did DigiAsia Corp. (FAAS) file?

DigiAsia Corp. filed a letter from EC Barrett, LLC, dated January 21, 2026, as Exhibit 16.1, in which the former auditor responds to the company’s disclosure regarding its resignation.
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