HOOPS SCOUTING USA Files 8-K: Change in Certifying Accountant

TL;DR

HSCT changed its auditor, filing an 8-K on 5/3.

AI Summary

On May 3, 2024, HOOPS SCOUTING USA (HSCT) filed an 8-K report. The filing indicates a change in the registrant's certifying accountant. This is a routine administrative filing and does not contain specific financial details or material business updates.

Why It Matters

A change in a company's auditor can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.

Risk Assessment

Risk Level: low — This filing is administrative and does not disclose new financial risks or material business changes.

Key Players & Entities

• HOOPS SCOUTING USA (company) — Registrant
• May 3, 2024 (date) — Date of earliest event reported
• 000-56389 (other) — SEC File Number

FAQ

Filing Documents

• hsct_8k.htm (8-K) — 28KB
• hsct_ex161.htm (EX-16.1) — 4KB
• hsct_ex161img5.jpg (GRAPHIC) — 6KB
• hsct_ex161img7.jpg (GRAPHIC) — 1KB
• 0001477932-24-002524.txt ( ) — 155KB
• hsct-20240503.xsd (EX-101.SCH) — 6KB
• hsct-20240503_lab.xml (EX-101.LAB) — 13KB
• hsct-20240503_cal.xml (EX-101.CAL) — 1KB
• hsct-20240503_pre.xml (EX-101.PRE) — 8KB
• hsct-20240503_def.xml (EX-101.DEF) — 2KB
• hsct_8k_htm.xml (XML) — 3KB

01. Change in Registrants Certifying Accountant

Item 4.01. Change in Registrants Certifying Accountant. Previous independent registered public accounting firm On May 3, 2024 (the "Dismissal Date"), Hoops Scouting USA (the "Company") advised BF Borgers CPA PC (the "Former Auditor") that it was dismissed as the Company's independent registered public accounting firm. The decision to dismiss the Former Auditor as the Company's independent registered public accounting firm was approved by the Company's Board of Directors on May 3, 2024. During the year ended June 30, 2023 and through the Dismissal Date the Company has not had any disagreements with the Former Auditor on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the Former Auditor's satisfaction, would have caused them to make reference thereto in their reports on the Company's financial statements for such years. Except as set forth below, during the year ended June 30, 2023 and through the Dismissal Date, the reports of the Former Auditor on the Company's financial statements for the year ended June 30, 2023 did not contain any adverse opinion or disclaimer of opinion, and such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle. The reports of the Company's financial statements for the year ended June 30, 2023 contained an explanatory paragraph, which noted that there was substantial doubt about the Company's ability to continue as a going concern. The Company has requested that our Former Auditor furnish us with a letter addressed to the Securities and Exchange Commission stating whether it agrees with the above statements. A copy of this letter is attached hereto to this amendment to the Form 8-K as Exhibit 16.1. New independent registered public accounting firm On May 3, 2024 (the "Engagement Date"), the Company engaged PLYMALE & GILLESPIE CPAS, PLLC ("New Auditor") as its independent registered publi

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. Exhibit No. Description of Exhibit 16.1 BF Borgers CPA PC 104 Cover Page Interactive Data File (embedded within the Inline XBRL Document) 2

SIGNATURES

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. HOOPS SCOUTING USA Dated: May 3, 2024 By: /s/ Jamie Oei Jamie Oei President, C.E.O & Director 3

View Full Filing

View this 8-K filing on SEC EDGAR