MDJM LTD (UOKA) names Tang Qian & Associates as new independent auditor
Filing Impact
Filing Sentiment
Form Type
6-K
Rhea-AI Filing Summary
MDJM LTD reports a change in its independent auditor. RBSM LLP resigned as the company’s independent registered public accounting firm effective May 21, 2026, and the audit committee approved the appointment of Tang Qian & Associates, PLLC effective May 22, 2026 to audit the fiscal year ending December 31, 2026. RBSM’s audit reports for the years ended December 31, 2025 and 2024 contained no adverse opinions, disclaimers, or qualifications, and the company states there were no disagreements or reportable events with RBSM over the past two fiscal years through May 21, 2026. The company is incorporating this report by reference into its existing Form F-3 and Form S-8 registration statements.
Positive
- None.
Negative
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Insights
MDJM switches auditors with no stated disputes or reportable events.
MDJM LTD discloses that RBSM LLP resigned as its independent registered public accounting firm on May 21, 2026, and that Tang Qian & Associates, PLLC will audit the year ending December 31, 2026. The filing states RBSM’s prior opinions for 2024 and 2025 were clean.
The company reports no disagreements with RBSM on accounting principles, disclosure, or audit scope during the past two fiscal years, and no reportable events as defined in Item 16F of Form 20-F. It also notes that it had not previously consulted TQ&A on accounting or auditing issues.
The report is incorporated by reference into MDJM’s Form F-3 and Form S-8 registration statements, linking this governance change to its existing securities offerings. Actual impact for investors depends on future financial reporting and any changes in audit approach reflected in upcoming filings.
Key Figures
RBSM resignation date: May 21, 2026
New auditor effective date: May 22, 2026
Audit year: Fiscal year ending December 31, 2026
+3 more
6 metrics
RBSM resignation date
May 21, 2026
Effective date RBSM resigned as independent auditor
New auditor effective date
May 22, 2026
Date Tang Qian & Associates engagement became effective
Audit year
Fiscal year ending December 31, 2026
Period to be audited by Tang Qian & Associates
Prior audited years
Fiscal years 2025 and 2024
Years for which RBSM issued unqualified reports
Form F-3 file number
333-294010
Registration statement incorporated by reference
Form S-8 file number
333-278269
Registration statement incorporated by reference
Key Terms
independent registered public accounting firm, reportable events, Form 6-K, Form 20-F, +2 more
6 terms
independent registered public accounting firm financial
"RBSM LLP notified the Audit Committee of its resignation as the Company’s independent registered public accounting firm"
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
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.
Form 6-K regulatory
"REPORT OF FOREIGN PRIVATE ISSUER ON FORM 6-K"
A Form 6-K is a report that companies listed in certain countries file to provide important updates, such as financial results, corporate changes, or other significant information, to regulators and investors. It functions like an official company update or news release, helping investors stay informed about developments that could affect their investment decisions.
Form 20-F regulatory
"as described in Item 16F(a)(1)(v) of Form 20-F"
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.
Form F-3 regulatory
"the registration statement on Form F-3 of the Company (File No. 333-294010)"
Form F-3 is a U.S. securities filing that lets eligible foreign companies pre-register and then quickly sell shares or other securities to raise money, because they already meet ongoing reporting and size tests. For investors it signals that the company is up-to-date with regulatory disclosure and has an efficient way to issue new securities — similar to a pre-approved credit line — which can mean faster capital raises but also potential dilution of existing holdings.
Form S-8 regulatory
"the registration statement on Form S-8 of the Company (File No. 333-278269)"
A Form S-8 is a U.S. Securities and Exchange Commission registration that lets a public company set aside shares for employee benefit plans and stock-based compensation. Think of it as opening a dedicated account that authorizes the company to issue or reserve stock for workers and directors; it matters to investors because it enables share dilution when those awards are granted or exercised and signals how management is compensated and incentivized.
FAQ
What change in auditor did MDJM LTD (UOKA) disclose in this 6-K?
MDJM LTD disclosed that RBSM LLP resigned as its independent registered public accounting firm on May 21, 2026, and Tang Qian & Associates, PLLC was appointed effective May 22, 2026 to audit the consolidated financial statements for the fiscal year ending December 31, 2026.
Did RBSM issue qualified opinions on MDJM LTD (UOKA) financial statements?
RBSM’s audit reports on MDJM LTD’s consolidated financial statements for the fiscal years ended December 31, 2025 and 2024 did not contain an adverse opinion or disclaimer of opinion, and were not qualified or modified as to uncertainty, audit scope, or accounting principles.
Were there disagreements between MDJM LTD (UOKA) and RBSM before the resignation?
The company states that during its two most recent fiscal years and through May 21, 2026, there were no disagreements with RBSM on accounting principles, financial statement disclosure, or auditing scope or procedure that would have required reference in RBSM’s audit reports on those financial statements.
Were any reportable events disclosed relating to MDJM LTD (UOKA) and RBSM?
MDJM LTD reports that during its two most recent fiscal years and through May 21, 2026, there were no “reportable events” as described in Item 16F(a)(1)(v) of Form 20-F in connection with RBSM’s engagement as the company’s independent registered public accounting firm.
Did MDJM LTD (UOKA) consult Tang Qian & Associates before its engagement?
The filing states that during the two most recent fiscal years and any subsequent interim period before hiring Tang Qian & Associates, neither MDJM LTD nor anyone on its behalf consulted TQ&A on accounting principle applications, audit opinions, disagreements, or reportable events regarding its consolidated financial statements.
How is this MDJM LTD (UOKA) 6-K used in existing registration statements?
The report on Form 6-K is incorporated by reference into MDJM LTD’s registration statements on Form F-3 (File No. 333-294010) and Form S-8 (File No. 333-278269), and their related prospectuses, to the extent not later superseded by subsequent filings with the U.S. Securities and Exchange Commission.