2020-05-01 09:35:18 SONG Akazoo
05/01/20 05/0109:35 05/01/2009:35 | Akazoo says Special Committee unable to verify certain financial informationThe company said, "As part of the ongoing investigation, the Special Committee has been unable to verify certain operational and financial information previously reported by the Company. Accordingly, the following financial statements should no longer be relied upon due to the possibility that such financial statements contain material errors: The financial statements of Akazoo Limited for the years ended December 31, 2018, 2017 and 2016 audited by the Company's former independent registered public accounting firm included or incorporated by reference in the Company's Shell Company Report on Form 20-F filed with the U.S. Securities and Exchange Commission on September 17, 2019; Akazoo Limited for the three- and six-month periods ended June 30, 2019 and 2018 included in the Company's Report on Form 6-K furnished to the SEC on September 27, 2019; and The Company for the three- and nine-month periods ended September 30, 2019 and 2018 included in the Company's Report on Form 6-K furnished to the SEC on December 9, 2019. As a result, the Company was unable to file its Form 20-F for the year ended December 31, 2019, by April 30, 2020, without unreasonable effort or expense. The Company will provide additional updates regarding these matters in due course." | |
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