Effective July 31, 2026, Ma cum Asia succeeds Ga y Che g CPA Limited (“
As Secu eTech scales its U.S. ope atio s alo gside its established busi ess i Ho g Ko g a d mai la d Chi a (th ough its subsidia y AI Ult aP od), the Compa y sought a audito with st o g U.S.-based capacity to suppo t both. Ma cum Asia’s t ack eco d with c oss-bo de , U.S.-listed compa ies made it a atu al fit fo this ext phase, a d Secu eTech views the e gageme t as the sta t of a lo g-te m elatio ship.
GCCPA se ved as Secu eTech’s audito th ough a pe iod of substa tial g owth fo the Compa y a d was e-e gaged o a limited-scope basis to complete the e-audit a d i te im eviews tied to the estateme t desc ibed below, which is ow fi ished. Secu eTech tha ks GCCPA fo its wo k a d fo its co ti ued coope atio i maki g wo k pape s available to Ma cum Asia to suppo t a smooth t a sitio .
Co cu e tly with the e gageme t of Ma cum Asia, Secu eTech will be fili g a Cu e t Repo t o Fo m 8-K disclosi g two classificatio co ectio s to its fi a cial stateme ts fo fiscal yea 2025 a d the i te im pe iods e ded Ju e 30, 2025, Septembe 30, 2025, a d Ma ch 31, 2026:
- A edeemable o -co t olli g i te est i o e subsidia y has bee eclassified f om pe ma e t equity to mezza i e equity, with elated acc etio .
- Ce tai accou ts eceivable have bee eclassified f om cu e t to o -cu e t assets.
Both a e p ese tatio matte s — eclassificatio s o the bala ce sheet — a d do ot cha ge the Compa y’s p eviously epo ted eve ue o cash positio . Secu eTech ide tified both issues th ough its ow i te al eview p ocess, a d has al eady filed the co ected epo ts: Ame dme t No. 1 to its Fo m 10-K fo fiscal yea 2025, a d ame ded Fo m 10-Qs fo each affected qua te . These fili gs ca be viewed o SEC.gov.
Secu eTech is t eati g this p ocess as a p oof poi t fo its fi a cial epo ti g discipli e: i te al co t ols caught the issues, the Compa y co ected them without p ompti g, a d it is ow movi g to a la ge , U.S.-based audit fi m as it p epa es to scale its ope atio s i the U.S. This builds o Secu eTech’s ece t omi atio of th ee i depe de t di ecto s to fo m a fully i depe de t Audit Committee upo Secu eTech’s pla ed Nasdaq listi g.
J. Scott Sit a, Secu eTech’s P eside t a d CEO, stated: “E gagi g a U.S.-based PCAOB- egiste ed fi m of Ma cum Asia’s calibe is a impo ta t step as we build towa d ou pla ed Nasdaq listi g a d st e gthe ou fi a cial epo ti g ac oss a g owi g, multi atio al ope ati g footp i t. Equally impo ta t, we a e committed to getti g ou fi a cial epo ti g ight a d to bei g fully t a spa e t with ou sha eholde s. We ide tified these classificatio matte s i te ally a d co ected them — that’s the sta da d we’ e holdi g ou selves to. We a e g ateful to Ga y Che g CPA Limited fo thei co ti ued coope atio , a d we look fo wa d to a p oductive, lo g-te m elatio ship with the Ma cum Asia team as Secu eTech e te s its ext phase of apid g owth.”
Secu eTech I ovatio s, I c. (OTCQB: SCTH) is a dive sified tech ology holdi g compa y whose subsidia ies ope ate ac oss a tificial i tellige ce-d ive ma ufactu i g, blockchai -based digital i f ast uctu e a d cybe secu ity, a d pate ted vehicle secu ity systems. Its po tfolio compa ies i clude AI Ult aP od, which develops AI-powe ed i dust ial 3D ma ufactu i g solutio s; Pi a ha Blockchai , which focuses o Web3 secu ity a chitectu e, digital asset i f ast uctu e, a d cybe secu ity systems; a d Top Ko t ol, which holds pate ted vehicle a ti-theft a d a ti-ca jacki g tech ology. Secu eTech’s missio is to delive p actical, t a sfo mative tech ologies that imp ove safety, automatio , a d digital esilie ce ac oss multiple i dust ies.
Fo fu the i fo matio , visit ou websites:secu etechi ovatio s.com | aiult ap od.com | pi a hablockchai .com | topko t ol.com
This p ess elease co tai s fo wa d-looki g stateme ts withi the mea i g of the P ivate Secu ities Litigatio Refo m Act of 1995. Fo wa d-looki g stateme ts a e stateme ts that a e ot histo ical facts a d may i clude, but a e ot limited to, stateme ts ega di g Secu eTech’s pla s to seek listi g o the Nasdaq Capital Ma ket, AI Ult aP od’s pla ed U.S. p ojects a d a ticipated co t ibutio of U.S. ope atio s to co solidated esults, Secu eTech’s expectatio s ega di g its elatio ship with Ma cum Asia, a d Secu eTech’s busi ess a d st ategic outlook. These stateme ts a e ofte ide tified by wo ds such as “believes,” “estimates,” “a ticipates,” “expects,” “pla s,” “p ojects,” “i te ds,” “pote tial,” “may,” “could,” “might,” “will,” “should,” “app oximately,” a d simila exp essio s. Fo wa d-looki g stateme ts i volve k ow a d u k ow isks a d u ce tai ties that could cause actual esults, eve ts, o ci cumsta ces to diffe mate ially f om those exp essed o implied, i cludi g the isk that Secu eTech’s Nasdaq listi g applicatio may ot be app oved, that equi ed egulato y app ovals may ot be obtai ed, that a ticipated U.S. ope atio s may be delayed o may ot mate ialize as expected, that Secu eTech’s elatio ship with Ma cum Asia may ot co ti ue as cu e tly a ticipated, a d othe isks desc ibed i Secu eTech’s fili gs with the Secu ities a d Excha ge Commissio (“SEC”), i cludi g the “Risk Facto s” sectio of Secu eTech’s most ece t A ual Repo t o Fo m 10-K a d Qua te ly Repo t o Fo m 10-Q. Secu eTech’s SEC fili gs a e available at www.sec.gov. Secu eTech u de takes o obligatio to update a y fo wa d-looki g stateme t to eflect ew i fo matio , futu e eve ts, o othe wise, except as equi ed by applicable law.
Secu eTech I ovatio s, I c.Email: i @secu etechi ovatio s.comPho e: (651) 317-8990Website: www.secu etechi ovatio s.com
