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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): December 26, 2024

______________

 

SUIC Worldwide Holdings Ltd.

(Exact name of Company as specified in its charter)

______________

 

Nevada 000-53737 47-2148252

(State or other jurisdiction

 of incorporation)

(Commission

 File Number)

(IRS Employer

 Identification No.)

 

136-20 38th Ave. Unit 3G, Flushing, NY 11354

(Address of principal executive offices) (Zip Code)

 

(929) 391-2550

Company’s telephone number, including area code

 

Not Applicable

(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 Company 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))

 

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. ☐

   

 

 

Section 4. Matters Related to Accountants and Financial Statements

 

Item 4.01 Changes in Company's Certifying Accountant.

 

(1) Previous Independent Registered Public Accounting Firm

 

  (i) On December 23, 2024, SUIC Worldwide Holdings Ltd. (the “Company”) dismissed its independent registered public accounting firm, James Pai CPA PLLC due to fulfill the term of audit services.

 

  (ii) James Pai CPA PLLC, did not issue any reports during the period from August 23, 2024 through December 22, 2024 (date of dismissal).

 

  (iii) The decision to change independent registered public accounting firm was approved by the Board of Directors of the Company.

 

  (iv) During the period from August 23, 2024 through December 22, 2024 (date of dismissal), (a) there were no disagreements with James Pai CPA PLLC 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  James Pai CPA PLLC would have caused it to make reference thereto in its reports on the financial statements for such years and (b) there were no “reportable events” as described in Item 304(a)(1)(v) of Regulation S-K.

 

  (v) On December 23, 2024 the Company provided James Pai CPA PLLC with a copy of this Current Report and has  requested that it furnish the Company with a letter addressing to the U.S. Securities and Exchange Commission stating whether it agrees with the above statements. A copy of such letter is attached as Exhibit 16.1 to this Current Report on Form 8-K.

 

(2) New Independent Registered Public Accounting Firm

 

On December 23, 2024, concurrent with the dismissal of James Pai CPA PLLC, the Company, upon the board of directors’ approval, engaged HHL LLP as its new independent registered public accounting firm to audit and review the Company’s financial statements effective immediately. During the two most recent years ended December 31, 2022 and 2023, and any subsequent period through the date hereof prior to the engagement of James Pai CPA PLLC the Company, nor someone on its behalf, has consulted HHL LLP regarding:

 

  (i) Either; 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, and neither a written report was provided to the Company nor oral advice was provided that the new accountant concluded was an important factor considered by the Company in reaching a decision as to the accounting, auditing or financial reporting issue; or

 

  (ii) Any matter that was either the subject of a disagreement as defined in paragraph 304(a)(1)(iv) of Regulation S-K or a reportable event as described in paragraph 304(a)(1)(v) of Regulation S-K.

 

Section 9. Financial Statements and Exhibits

 

Item 9.01 Financial Statements and Exhibits

 

(a) Financial Statements of Businesses Acquired: None

(b) Pro-Forma Financial Statements: None

(c) Exhibits:

 

Exhibit No.   Description
     
16.1

 

 

 Letter of  James Pai CPA PLLC dated December 23, 2024 to the U.S. Securities and Exchange Commission.

 

 

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.

 

Date: December 26, 2024 SUIC Worldwide Holdings Ltd.
   
  By:/s/ Yanru Zhou
  Yanru Zhou
  Chief Financial Officer

Exhibit 16.1

James Pai CPA PLLC

 

December 26, 2024

 

 

U.S. Securities and Exchange Commission

100 F Street, N.E.

Washington DC 20549

 

 

Ladies and Gentlemen:

 

We have read Item 4.01 of Sino United Worldwide Consolidated Ltd. of Form 8-K

dated December 26, 2024, and are in agreement with the statements in Item 4.01 contained therein, as they relate to our firm.

 

 

Very truly yours,

 

 

/s/  James Pai CPA PLLC

James Pai CPA PLLC

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Dec. 26, 2024
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Document Type 8-K
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Document Period End Date Dec. 26, 2024
Entity File Number 000-53737
Entity Registrant Name SUIC Worldwide Holdings Ltd.
Entity Central Index Key 0001394108
Entity Tax Identification Number 47-2148252
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 136-20 38th Ave.
Entity Address, Address Line Two Unit 3G
Entity Address, City or Town Flushing
Entity Address, State or Province NY
Entity Address, Postal Zip Code 11354
City Area Code 929
Local Phone Number 391-2550
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Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
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