■ MATERIAL WEAKNESS WATCH
Nasdaq · CIK 0001903995

MGIH Millennium Group International Holdings Ltd

D
55 / 100
Material weaknesses
2
Restatements
0
Auditor changes
1
Late filings
0
Quarters with open weakness
1
Remediations
0
Deductions
45
Remediation credit
0

Trailing 24 months from 2024-11-07. Rubric v1. How this is scored.

Disclosures, in the company's words

  • Auditor change20-F · filed 2026-10-29 · Item 16Fsource filing ↗
    “Effective on February 13, 2026, the Company dismissed its independent registered public accounting firm, Wei Wei, which was approved and ratified by the Company s Board of Directors and the Audit Committee on February 13, 2026.”
  • Material weakness20-F · filed 2026-10-29 · Item 15source filing ↗
    “The Company does not have sufficient accounting and finance personnel with U.S.-GAAP experience”
  • Controls not effective20-F · filed 2026-10-29 · Item 15source filing ↗
    “Based on the assessment, management determined that, as of June 30, 2026, we did not maintain effective ICFR due to the existence of the following material weaknesses”
  • Controls not effective20-F · filed 2026-10-29 · Item 15source filing ↗
    “Based on the evaluation, our Chief Executive Officer and Chief Financial Officer concluded that, as of June 30, 2026, our disclosure controls and procedures were ineffective.”
  • Auditor change20-F · filed 2026-10-29 · Item 16Fsource filing ↗
    “On January 5, 2024, the Company notified WWC, P.C. of its decision to dismiss WWC, P.C. as the Company s independent registered public accounting firm.”
  • Auditor change20-F · filed 2026-10-29 · Item 16Fsource filing ↗
    “On February 13, 2026, the Company dismissed Wei, Wei & Co., LLP as its independent registered public accounting firm, effective February 13, 2026. On the same date, the Audit Committee and the Board of Directors of the Company approved and ratified the engagement of Edward Associate CPA PLLC as the Company s new independent registered public accounting firm, effective February 13, 2026.”
  • Material weakness20-F · filed 2026-10-29source filing ↗
    “Our management has concluded that our ICFR was not effective as of June 30, 2026 due to a material weakness, namely the lack of accounting personnel with appropriate knowledge of U.S. GAAP and SEC reporting requirements.”
  • Controls not effective20-F · filed 2026-10-29source filing ↗
    “Our management has concluded that our ICFR was not effective as of June 30, 2026 due to a material weakness, namely the lack of accounting personnel with appropriate knowledge of U.S. GAAP and SEC reporting requirements.”

Filings read

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