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Jiuzi Holdings (JZXN) replaces Audit Alliance with Li CPA as auditor

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Jiuzi Holdings Inc. reported a change in its independent auditor. Effective June 22, 2026, the company dismissed Audit Alliance LLP, which had audited its financial statements for the fiscal years ended October 31, 2024 and 2025. Audit Alliance’s reports did not contain adverse opinions, disclaimers, or qualifications, and the company states there were no disagreements or reportable events during that period.

On June 26, 2026, the board and audit committee approved the engagement of Li CPA LLC as the new independent auditor for the fiscal year ending October 31, 2026. Jiuzi notes it did not previously consult Li CPA LLC on accounting principles, audit opinions, or matters involving disagreements or reportable events.

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Insights

Jiuzi replaces its auditor with no reported disputes or issues.

Jiuzi Holdings has replaced Audit Alliance LLP with Li CPA LLC as independent auditor for the fiscal year ending October 31, 2026. Audit changes can affect how financial reporting is executed and reviewed, but here the company emphasizes continuity and absence of prior problems.

The filing states Audit Alliance’s opinions for the 2024 and 2025 fiscal years contained no adverse or qualified opinions, and that there were no disagreements or reportable events. The company also notes it did not consult the new firm on specific accounting questions before appointment, which follows common disclosure practice.

Subsequent annual reports for periods ending on or after October 31, 2026 will reflect audit work performed by Li CPA LLC, while historical periods remain covered by Audit Alliance’s prior reports.

Auditor dismissal date June 22, 2026 Effective date Audit Alliance LLP was dismissed
New auditor engagement date June 26, 2026 Date Li CPA LLC was engaged
Fiscal year end October 31, 2026 Year to be audited by Li CPA LLC
Prior audited fiscal years 2024 and 2025 Years audited by Audit Alliance LLP
reportable events regulatory
"there were no “reportable events” (as described in Item 16F(a)(1)(v) of Form 20-F)"
Reportable events are significant incidents or changes a company is legally required to disclose to regulators and the public, such as major safety problems, legal actions, financial irregularities, or management changes. They matter to investors because these events can alter a company’s risk profile or future performance, much like a dashboard warning light signals a problem that could affect a car’s safety or reliability. Timely disclosure helps investors make informed decisions and maintain market fairness.
independent auditors financial
"dismissed its independent auditors, Audit Alliance LLP"
Independent auditors are outside, licensed accountants who examine a company’s books, records and internal controls and issue an objective opinion on whether the financial statements accurately reflect the business’s financial position. Investors treat their report like a neutral inspector’s stamp — it increases trust, makes financial results easier to compare, and alerts readers if there are errors, omissions or other problems that could affect investment decisions.
Audit Committee financial
"which action was recommend by the Audit Committee of the Company’s Board"
A company's audit committee is a small group of board members who act like independent inspectors for the firm's finances, overseeing how financial reports are prepared, monitoring internal controls, and managing the relationship with external auditors. Investors care because a strong audit committee reduces the risk of accounting errors, fraud, or misleading statements, making financial statements more trustworthy and helping protect shareholder value.
Form 20-F regulatory
"as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions"
Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.
foreign private issuer regulatory
"FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER"
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What auditor change did Jiuzi Holdings (JZXN) report in this 6-K?
Jiuzi Holdings reported it dismissed Audit Alliance LLP as independent auditor effective June 22, 2026 and engaged Li CPA LLC on June 26, 2026 to audit its financial statements for the fiscal year ending October 31, 2026.

Were there any disagreements between Jiuzi Holdings (JZXN) and its former auditor?
The company states there were no disagreements with Audit Alliance LLP on accounting principles, financial statement disclosure, or audit scope for the fiscal years ended October 31, 2024 and 2025, and no reportable events during that period or through the date of the report.

How did Audit Alliance’s reports on Jiuzi Holdings’ financials characterize the results?
Audit Alliance’s reports on Jiuzi Holdings’ financial statements for the fiscal years ended October 31, 2024 and 2025 contained no adverse opinion, no disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.

What role will Li CPA LLC play for Jiuzi Holdings (JZXN)?
Li CPA LLC has been engaged as Jiuzi Holdings’ independent auditor for the fiscal year ending October 31, 2026. The firm will audit that year’s financial statements following approval of its appointment by the company’s audit committee and board of directors.

Did Jiuzi Holdings consult Li CPA LLC before appointing it auditor?
Jiuzi Holdings states it did not consult Li CPA LLC during the past two fiscal years or subsequent period on accounting principles, potential audit opinions, or matters involving disagreements or reportable events before formally engaging the firm as auditor.

What additional document did Audit Alliance provide regarding the change?
Audit Alliance LLP provided a letter dated June 23, 2026 addressed to the SEC regarding the change in independent registered public accounting firm. This letter is attached as Exhibit 16.1 and is incorporated by reference in the report.

 

 

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

 

For the month of June 2026

  

JIUZI HOLDINGS INC.

(Exact name of registrant as specified in its charter)

 

No. 4433 Dongbin Road, Liwan Community, Nanshan Subdistrict, 21st Floor
Tower A, Zhaobangji Technology Center
Nanshan District, Shenzhen City
Guangdong Province 518000
People’s Republic of China
(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 ☐

 

 

 

 

 

 

CHANGES IN REGISTRANTS' CERTIFYING ACCOUNTANT

  

(a) Dismissal of Certifying Accountant

 

Effective June 22, 2026, Jiuzi Holdings Inc. (the “Company” or the “Registrant”) dismissed its independent auditors, Audit Alliance LLP (“Audit Alliance”), which action was recommend by the Audit Committee (the “Audit Committee”) of the Company’s Board of Directors (the “Board”) on June 22, 2026 and approved by the Board on June 22, 2026.

 

Audit Alliance was initially engaged by the Company February 7, 2024, and provided audit services and issued audit reports on the Company’s financial statements up to the fiscal year ended October 31, 2025.

 

The principal accountant’s report of Audit Alliance on the financial statements of the Company as of and for the fiscal years ended October 31, 2024 and 2025 did not contain any adverse opinion or disclaimer of opinion and was not qualified or modified as to uncertainty, audit scope or accounting principles.

 

For the fiscal years ended October 31, 2024 and 2025, and through the date of this report, (i) there were no disagreements (as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions) between the Company and Audit Alliance on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to the satisfaction of Audit Alliance, would have caused Audit Alliance to make reference to the subject matter of such disagreement in connection with their reports on the Company’s consolidated financial statements for the applicable period, and (ii) there were no “reportable events” (as described in Item 16F(a)(1)(v) of Form 20-F).

 

Audit Alliance has provided a letter to us, dated June 23, 2026 and addressed to the SEC, which is attached hereto as Exhibit 16.1 and is hereby incorporated herein by reference.

 

(b) Engagement of New Certifying Accountant

 

On June 26, 2026, we engaged Li CPA LLC (“New Auditor”) as our independent auditors for the fiscal year ending October 31, 2026. The engagement was approved by the Audit Committee and the Board onJune 26, 2026.

 

During the two most recent fiscal years and in the subsequent period through the date of this report, we have not consulted with New Auditor regarding (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 financial statements, and no written report was provided to the Company or oral advice was provided that New Auditor concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or (ii) any matter that was either the subject of a disagreement (as defined as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions) or any “reportable event” (as described in Item 16F(a)(1)(v) of Form 20-F).

 

Financial Statements and Exhibits

 

Exhibit No   Description
16.1  Letter of Audit Alliance CPAs LLP, dated June 23, 2026, regarding change in independent registered public accounting firm.

 

1

 

 


Signature

 

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.

 

Date: June 26, 2026

 

  Jiuzi Holdings Inc.
     
   
     
  By: /s/ Hongye Zhang
  Name: Hongye Zhang
  Title: Chief Executive Officer

  

2

 

 

Source: View Original Filing on SEC EDGAR

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