[6-K] Integrated Media Technology Limited Current Report (Foreign Issuer)

Rhea-AI Filing Summary

Integrated Media Technology Limited has announced a change in its independent registered public accounting firm. The company's Audit Committee has:

• Appointed Ramirez Jimenez International CPAs (RJI CPAs) as the new auditor effective June 26, 2025, for the year ended December 31, 2024
• Dismissed Audit Alliance LLP from their role as independent auditor

Key disclosures regarding the auditor transition:

• No disagreements occurred with Audit Alliance on accounting principles, practices, financial statement disclosure, or auditing procedures during their tenure (December 2021 - June 2025)
• No reportable events occurred during Audit Alliance's engagement period
• Audit Alliance's 2023 report contained no adverse opinion, disclaimers, or modifications
• The 2024 audit report was not issued prior to dismissal
• No prior consultations occurred with RJI CPAs regarding accounting principles or audit opinions

Positive

• None.

Negative

• Change in auditor from Audit Alliance LLP to RJI CPAs, which could signal potential internal control or financial reporting concerns, especially since the 2024 audit was not yet completed by the dismissed firm

 

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 UNDER THE

SECURITIES EXCHANGE ACT OF 1934

Dated June 26, 2025

Commission File Number: 001-38018

______________________________________________

Integrated Media Technology Limited

(Exact Name as Specified in its Charter)

______________________________________________

 

N/A

(Translation of Registrant's Name)

 

Suite 3 Level 3, 89 Pirie Street

Adelaide SA 5000 Australia

(Address of principal executive office)

______________________________________________

 

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  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (1):  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b) (7):  ☐

 

 

 

Changes in Registrant's Certifying Accountant.

 

On June 26, 2025, the Audit Committee of the Board of Directors (the "Audit Committee") of Integrated Media Technology Limited (the "Company") approved the engagement of Ramirez Jimenez International CPAs ("RJI CPAs") as the Company's new independent registered public accounting firm for the year ended December 31, 2024. The engagement is effective on June 26, 2025. In connection with the selection of RJI CPAs, the Audit Committee dismissed Audit Alliance LLP. ("Audit Alliance") as the Company's independent registered public accounting firm on June 26, 2025.

 

During the period from December 30, 2021 through June 26, 2025, the period during which Audit Alliance was engaged as the Company's independent registered public accounting firm, there were no disagreements (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions) with Audit Alliance 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 Audit Alliance, would have caused Audit Alliance to make reference to the subject matter of the disagreement in their reports. In addition, during the period from December 30, 2021 and through June 26, 2025, there were no "reportable events" (as defined in Item 304(a)(1)(v) of Regulation S-K).

 

The report of Audit Alliance on the Company's consolidated statement of financial position and related consolidated statements of profit or loss and comprehensive income, changes in equity and cash flows (collectively, the consolidated financial statements) as of and for the year ended December 31, 2023 did not contain an adverse opinion or a disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope or accounting principles. Audit Alliance's audit report on the consolidated financial statements as of and for the fiscal year ended December 31, 2024 had not yet been issued at the time of dismissal.

 

The Company provided Audit Alliance with a copy of this Form 6-K and requested that Audit Alliance provide the Company with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of Audit Alliance's letter is furnished as Exhibit 99.1 to this Form 6-K.

 

During the period from December 30, 2021 and through June 26, 2025, the period during which Audit Alliance was engaged as the Company's independent registered public accounting firm, neither the Company nor anyone on its behalf, has consulted RJI CPAs with respect to either (i) 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 or the effectiveness of internal control over financial reporting, where either a written report or oral advice was provided to the Company that RJI CPAs concluded was an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions) or a reportable event (as defined in Item 304(a)(1)(v) of Regulation S-K).

 

 

 

 

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.

 

 

Dated: June 26, 2025

 

 	 	 
 	Integrated Media Technology Limited
 	 	 
 	By:	/s/ Con Unerkov
 	Name:	Con Unerkov
 	Title:	Chairman & Chief Executive Officer

 

 

 

 

EXHIBIT INDEX

 

 	 	 
Exhibit	 	Description of Exhibit	 
 	 	 
99.1	 	Letter from Audit Alliance to the Securities Exchange Commission dated June 26, 2025

 

 

 

 

 

FAQ

Why did IMTE change its auditor in June 2025?

IMTE's Audit Committee approved the engagement of Ramirez Jimenez International CPAs (RJI CPAs) as the company's new independent registered public accounting firm on June 26, 2025, replacing Audit Alliance LLP. This was a standard auditor change with no reported disagreements or reportable events with the previous auditor.

Were there any disagreements between IMTE and Audit Alliance before the auditor change?

No, during Audit Alliance's engagement period from December 30, 2021 through June 26, 2025, there were no disagreements on accounting principles, financial statement disclosure, or auditing procedures. Additionally, there were no 'reportable events' as defined in Item 304(a)(1)(v) of Regulation S-K.

What was Audit Alliance's opinion on IMTE's 2023 financial statements?

Audit Alliance's report on IMTE's consolidated financial statements for the year ended December 31, 2023 did not contain an adverse opinion or disclaimer of opinion, and was not qualified or modified regarding uncertainty, audit scope, or accounting principles.

Has IMTE consulted with RJI CPAs prior to their appointment as new auditors?

No, during the period from December 30, 2021 through June 26, 2025, neither IMTE nor anyone on its behalf consulted RJI CPAs regarding accounting principles, audit opinions, or any matters involving disagreements or reportable events.

Who is the current CEO of IMTE as of June 2025?

Con Unerkov serves as the Chairman & Chief Executive Officer of Integrated Media Technology Limited, as evidenced by his signature on the Form 6-K filing dated June 26, 2025.