Home / Auditor changes / New Momentum Corp.

5/5New Momentum Corp. (NNAX): Auditor change

Filed 2025-05-02 路 Form 8-K 路 Accession 0001477932-25-003216 nano

Market data

Price before filing: $0.0007 (2025-05-01 close, split/dividend-adjusted)
Market cap at flag: $495,517 (2025-05-02) 路 Latest: $82,586 (2026-10-15)

What happened next

WindowNNAXSPYvs SPY
30 days-28.6%+6.1%-34.7%2025-06-02
90 days-42.9%+13.5%-56.4%2025-07-31
180 days-42.9%+23.8%-66.6%2025-10-29

Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.

Insider trading around this filing

90 days before the flag: no open-market insider sales or purchases reported.
30 days after: none reported.

Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2025-02-01 to 2025-06-01. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.

Verified excerpt

"Resignation of J&S Associate PLT and Engagement of Aloba, Awomolo & Partners On April 29, 2025, the Board of Directors of New Momentum Corporation, a Nevada corporation ("we" or "us"), accepted the resignation of J&S Associate PLT ("J&S") as our independent registered public accountant, effective immediately."

Quoted from the filing. Source

What this means

The company changed its outside auditor (8-K Item 4.01). A dismissal or resignation, especially near an annual report or with reported disagreements, is a warning sign. Changes caused by audit firms merging are usually routine.

Type: resigned
Disagreements reported: no
Former auditor: J&S Associate PLT

Why this score: auditor resigned; also within 90 days: Going-concern doubt, Late quarterly report (NT 10-Q)

Read the original filing on SEC.gov →

Not investment advice. Automated summary; verify against the filing.

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