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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):
November 14, 2022
SHARING
ECONOMY INTERNATIONAL INC.
(Exact name of registrant as specified in Charter)
| Nevada |
|
001-34591 |
|
90-0648920 |
|
(State or other
jurisdiction of
incorporation or organization) |
|
(Commission File No.) |
|
(IRS Employee
Identification No.) |
No.85 Castle Peak Road
Castle Peak Bay
Tuen Mun, N.T., Hong Kong
(Address of Principal
Executive Offices)
(852) 35832186
(Registrant’s Telephone
number)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.
below):
| ☐ | Written communications pursuant to Rule 425 under the Securities
Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12(b) under the
Exchange Act (17 CFR 240.14a-12(b)) |
| ☐ | 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 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. ☐
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
|
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Item 4.01 Change in Registrant’s Certifying Accountant
(a) On November 8, 2022, Sharing Economy International Inc. (the “Company”)
notified BF Borgers CPA PC (“BF Borgers”) that the Company had dismissed BF Borgers as the independent registered public accounting
firm of the Company. The Board of Directors of the Company recommended and approved the dismissal.
The reports of BF Borgers regarding the Company’s financial
statements as of December 31, 2021 and the related consolidated statements of operations and comprehensive loss, consolidated
statements of changes in stockholders’ equity, and consolidated statements of cash flows for the years then ended, contained
no adverse opinion or disclaimer of opinion, nor were they qualified or modified as to uncertainty, audit scope, or accounting
principle. The reports of BF Borgers, however, stated that there is substantial doubt about the Company’s ability to continue
as a going concern.
For the years ended December 31, 2021, and during the subsequent interim
period through the date of dismissal, the Company had no disagreement with BF Borgers on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedure, which disagreement, if not resolved to the satisfaction of BF Borgers,
would have caused them to make reference thereto in their report on the Company’s financial statements for such year ended December
31, 2021. There were no reportable events, as listed in Item 304(a)(1)(v) of Regulation S-K.
The Company provided BF Borgers a copy of the above disclosures and
requested BF Borgers to furnish a letter addressed to the Securities and Exchange Commission stating whether or not it agrees with the
above statements. BF Borgers’s response is attached as Exhibit 16.1 to this Current Report on Form 8-K.
(b) On November 8, 2022, the Company resolved to engage the independent
registered public accounting firm of Olayinka Oyebola & Co. (Chartered Accountants) (“Olayinka Oyebola”), the Company’s
new independent registered public accountants, which appointment Olayinka Oyebola has accepted.
During the two most recent fiscal years and the interim period preceding
the engagement of Olayinka Oyebola, the Company has not consulted with Olayinka Oyebola regarding either: (i) the application of accounting
principles, (ii) the type of audit opinion that might be rendered by Exelient or (iii) any other matter that was the subject of disagreement
between the Company and its former auditor as described in Item 304(a)(1)(iv), or a reportable event as described in paragraph 304(a)(1)(v),
of Regulation S-K. The Company did not have any disagreements with Exelient and therefore did not discuss any past disagreements with
Olayinka Oyebola.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
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: November 14, 2022 |
Sharing Economy International Inc. |
| |
|
|
| |
By: |
/s/ Chan Pak Hei Jefferson |
| |
|
Chan Pak Hei Jefferson |
| |
|
Chief Executive Officer |
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