GMHS Gamehaus Holdings Inc.

“Based on the material weaknesses described below, our management has concluded that, as of June 30, 2026, our disclosure controls and procedures were not effective.”

“and (ii) a lack of internal audit function to establish formal risk assessment process and internal control framework.”

“we identified two material weaknesses in our internal control over financial reporting including (i) a lack of sufficient skilled staff with U.S. Generally Accepted Accounting Principles ( U.S. GAAP ) knowledge and the SEC reporting knowledge for the purpose of financial reporting as well as a lack of formal accounting policies and procedures manual to ensure proper financial reporting in accordance with U.S. GAAP and SEC reporting requirements;”

“(ii) a lack of internal audit function to establish formal risk assessment process and internal control framework.”

“The material weaknesses identified included (i) a lack of sufficient skilled staff with U.S. Generally Accepted Accounting Principles ( U.S. GAAP ) knowledge and the SEC reporting knowledge for the purpose of financial reporting as well as a lack of formal accounting policies and procedures manual to ensure proper financial reporting in accordance with U.S. GAAP and SEC reporting requirements”