Pheton Holdings Ltd Changes Independent Auditor
Ticker: ITOC · Form: 6-K · Filed: Nov 28, 2025 · CIK: 1970544
| Field | Detail |
|---|---|
| Company | Pheton Holdings Ltd (ITOC) |
| Form Type | 6-K |
| Filed Date | Nov 28, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: auditor-change, accounting
TL;DR
Pheton Holdings Ltd ditches Marcum Asia CPAs LLP as auditor, no drama reported.
AI Summary
On November 28, 2025, Pheton Holdings Ltd terminated its engagement with Marcum Asia CPAs LLP as its independent registered public accounting firm. This decision was approved by the company's audit committee and was not due to any disagreements.
Why It Matters
A change in auditors can sometimes signal underlying issues or a desire for a fresh perspective on financial reporting.
Risk Assessment
Risk Level: low — The filing indicates the auditor change was not due to disagreements, suggesting a routine or strategic decision.
Key Players & Entities
- Pheton Holdings Ltd (company) — Registrant
- Marcum Asia CPAs LLP (company) — Former independent registered public accounting firm
FAQ
When was the engagement with Marcum Asia CPAs LLP terminated?
The engagement was terminated on November 28, 2025.
Who approved the termination of the engagement with Marcum Asia CPAs LLP?
The audit committee of the board of directors of Pheton Holdings Ltd approved the termination.
Was the termination of Marcum Asia CPAs LLP due to any disagreements?
No, the filing states the decision to terminate the engagement was not the result of any disagreements.
What is the principal executive office address for Pheton Holdings Ltd?
The principal executive office is located at Room 306, NET Building, Hong Jun Ying South Road, Chaoyang District, Beijing, China.
What is the SEC file number for Pheton Holdings Ltd?
The SEC file number is 001-42263.
Filing Stats: 677 words · 3 min read · ~2 pages · Grade level 16.4 · Accepted 2025-11-28 13:05:11
Filing Documents
- ea0267647-6k_pheton.htm (6-K) — 13KB
- ea026764701ex16-1_pheton.htm (EX-16.1) — 2KB
- ex16-1_001.jpg (GRAPHIC) — 14KB
- ex16-1_002.jpg (GRAPHIC) — 5KB
- 0001213900-25-115928.txt ( ) — 43KB
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, thereunto duly authorized. Pheton Holdings Ltd Date: November 28, 2025 By: /s/ Jianfei Zhang Name: Jianfei Zhang Title: Chief Executive Officer and Chairman of the Board of Directors 3