CandleFocus Animoca Brands hopes to change auditor after warning it must raise money
2024-12-03
Author: Content Editor
Animoca Brands, a NFT and Metaverse firm, plans to replace its auditor, DFK Collins, with Hall Chadwick at its upcoming annual general meeting. The company's 2020 audit report raised concerns about its ability to continue as a going concern without raising new equity funds and converting cryptocurrencies into fiat currencies. However, Animoca Brands' executive chairman has expressed confidence in the firm's financial position. Hall Chadwick is prepared to audit the company's financial statements for 2021, 2022, and 2023. The impact of changing auditors on Animoca Brands' IPO plans is currently unclear.
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