Pacific Sports Exchange (PSPX) names new auditor; KCCW resigns

Pacific Sports Exchange Inc. (PSPX) reported a change in its independent accountant.

Rhea-AI Filing Summary

Pacific Sports Exchange Inc. (PSPX) reported a change in its independent accountant. On October 11, 2025, the Board approved the resignation of KCCW Accountancy Corp. as the company’s independent registered public accounting firm. KCCW’s reports for the years ended August 31, 2024 and 2023 contained no adverse opinions, disclaimers, or qualifications.

On October 13, 2025, the company engaged Boladale Lawal & Co. (BLC) as its independent accountant to audit the financial statements and review interim results. The company states there were no disagreements with KCCW and no reportable events, and it did not consult BLC on accounting principles or audit opinions before engagement. A letter from KCCW dated October 27, 2025 was filed as Exhibit 16.1.

Insights

Audit & Governance Analyst

Routine auditor transition disclosed; no disagreements reported.

PSPX announced KCCW’s resignation effective with Board approval on October 11, 2025, and the engagement of Boladale Lawal & Co. on October 13, 2025. KCCW’s prior audit reports for fiscal 2024 and 2023 carried no adverse opinions or qualifications.

The company states there were no “disagreements” or “reportable events” and that it did not consult BLC on accounting applications or prospective audit opinions prior to engagement. This aligns with standard disclosure under Item 4.01.

The filed Exhibit 16.1 is KCCW’s letter dated October 27, 2025. Actual impact hinges on a smooth handoff and timely completion of audits; the disclosure itself is administrative.

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, or exhibit attachments filed with this report.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did PSPX disclose about its auditor change?

The Board approved KCCW Accountancy Corp.’s resignation on October 11, 2025 and engaged Boladale Lawal & Co. on October 13, 2025.

Were there any disagreements between PSPX and KCCW?

No. The company reports no disagreements and no reportable events under Regulation S‑K Item 304.

What did KCCW’s prior audit opinions say?

For fiscal years ended August 31, 2024 and 2023, KCCW’s reports had no adverse opinions, disclaimers, or qualifications.

What is BLC’s role with PSPX?

Boladale Lawal & Co. was engaged to audit PSPX’s financial statements and perform reviews of interim financial statements.

Did PSPX consult BLC before engagement on accounting matters?

No. PSPX states it did not consult BLC on accounting applications or the type of audit opinion prior to engagement.

Is there supporting correspondence from the former auditor?

Yes. A letter from KCCW dated October 27, 2025 was filed as Exhibit 16.1.

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

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Accepted by SEC EDGAR 10/28/2025 - 01:03 PM Learn about SEC filing dates

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 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) October 11, 2025

PACIFIC SPORTS EXCHANGE INC.

(Exact name of registrant as specified in its charter)

Delaware		333-230690		83-1189007
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2149 Rio De Janeiro Ave., Punto Gorda, FL		33983
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code (877) 571-5562

_____________________________________________

(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
N/A		N/A		N/A

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) Resignation of Independent Registered Public Accounting Firm.

Since 2021, KCCW Accountancy Corp. (“KCCW”) has been the independent registered public accounting firm of Pacific Sports Exchange Inc. (the “Company”). On October 11, 2025, the Board of Directors of the Company approved the resignation of KCCW as the Company’s independent registered public accounting firm.

The reports of KCCW on the Company’s financial statements for the fiscal years ended August 31, 2024 and 2023 did not contain an adverse opinion or a disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope or accounting principles.

During the fiscal year ended August 31, 2024 to the date of filing of this 8-K, there have been no “disagreements” (as defined in Item 304(a)(1)(iv) of Regulation S-K and related instructions) with KCCW 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 KCCW would have caused KCCW to make reference thereto in its reports on the financial statements for such year. During the fiscal year August 31, 2021 and through the date of filing of this 8-K there have been no “reportable events” (as defined in Item 304(a)(1)(v) of Regulation S-K).

(b) On October 13, 2025, the Company engaged Boladale Lawal & Co. (“BLC”), as the Company’s independent accountant to audit the Company’s financial statements and to perform reviews of interim financial statements. During the fiscal year ended August 31, 2025, and then through the date of this filing, neither the Company nor anyone acting on its behalf consulted with BLC regarding (i) either the application of any accounting principles to a specific completed or contemplated transaction of the Company, or the type of audit opinion that might be rendered by BLC on the Company’s financial statements; or (ii) any matter that was either the subject of a disagreement with KCCW or a reportable event with respect to KCCW.

ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.

(d) Exhibits.

Exhibit No.		Description
16.1*		Letter of KCCW Accountancy Corp Dated October 27, 2025.

* Filed herewith

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SIGNATURES

In accordance with the requirements of the Exchange Act, the registrant caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.

	PACIFIC SPORTS EXCHANGE INC.
DATED: October 28, 2025	By:	/s/ Huang Hua Shang
		Huang Hua Shang
		Chief Executive Officer and President

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