Current Report Filing (8-k)
04 March 2021 - 3:58AM
Edgar (US Regulatory)
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): February 25, 2021
SavMobi
Technology, Inc.
(Exact
Name of Registrant as Specified in Charter)
Nevada
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333-
206804
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47-3240707
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(State
or Other Jurisdiction
of
Incorporation)
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(Commission
File
Number)
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(I.R.S.
Employer
Identification
No.)
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Room
502, Unit 1, Building 108, Red Star Sea Phase 3, Dalian Development Zone, Dalian, Liaoning, China
(Address
of Principal Executive Offices)
(Zip
Code)
+86
18904082566
(Registrant’s
telephone number, including area code)
N/A
(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:
[ ]
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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[ ]
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each Class
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Trading
Symbol
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Name
of each exchange on which registered
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N/A
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N/A
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N/A
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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 [X]
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
Effective
February 25, 2021, BF Borgers CPA PC (“Borgers”) was not retained as the independent registered public accounting
firm of SavMobi Technology, Inc. (the “Company”).
The
audit report of Borgers on the Company’s financial statements for the fiscal years ended May 31, 2020, 2019 and 2018 contained
no adverse opinion or disclaimer of opinion. However, the audit reports of Borgers for the fiscal years ended May 31, 2020, 2019
and 2018, raised substantial doubt about the Company’s ability to continue as a going concern due to the Company’s
net loss for the years ended May 31, 2020, 2019 and 2018.
During
the Company’s three most recent fiscal years ended May 31, 2020, 2019 and 2018 and for the subsequent interim periods through
November 30, 2020, the Company had no “disagreements” with Borgers 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 Borgers,
would have caused it to make reference in connection with its opinion to the subject matter of the disagreements.
During
the Company’s three most recent fiscal years ended May 31, 2020, 2019 and 2018 and for the subsequent interim periods through
November 30, 2020, there was no “reportable events” within the meaning of Item 304(a)(1)(v) of Regulation S-K.
We
have requested Borgers to furnish us as promptly as possible a letter addressed to the Commission stating whether the independent
accountants agree with the statements made in this Form 8-K in response to this Item 4.01 and, if not, to state the respects in
which they do not agree. We will file an amended Form 8-K to include our independent accountants’ letter as an exhibit to
this filed Form 8-K no later than two business days after we have received their response letter.
New
Independent Accountants
On
February 25, 2021, the Company engaged JLKZ CPA LLP (“JLKZ”) as the Company’s new independent registered
public accounting firm effective immediately. The appointment of JLKZ was approved by the Board of Directors.
During
the Company’s three most recent fiscal years ended May 31, 2020, 2019, 2018 and for the subsequent interim periods through
November 30, 2020, neither the Company, nor anyone on behalf of the Company consulted with JLKZ regarding 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 financial statements, or (ii) any matter that was either the subject of a disagreement as described
in Item 304(a)(1)(iv) of Regulation S-K or a reportable event within the meaning of 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 hereunto duly authorized.
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SavMobi Technology, Inc..
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March
3, 2021
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By:
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/s/
Ma Hongyu
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Ma
Hongyu
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Chief
Executive Officer
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