Lion Group Holdings Ltd. Dismisses Auditor

TL;DR

Lion Group Holdings Ltd. just fired its auditor on Jan 27, 2025. Big changes coming?

AI Summary

Lion Group Holdings Ltd. announced on January 27, 2025, that its audit committee resolved to dismiss its independent registered public accounting firm. The company is incorporated in the Cayman Islands and its principal executive office is located in Singapore.

Why It Matters

The dismissal of an auditor can signal potential issues or changes in financial reporting practices, which is important for investors to monitor.

Risk Assessment

Risk Level: medium — Dismissal of an auditor can indicate underlying financial or operational issues that may pose a risk to the company's stability and investor confidence.

Key Players & Entities

• Lion Group Holdings Ltd. (company) — Registrant
• January 27, 2025 (date) — Date of audit committee resolution
• Cayman Islands (jurisdiction) — Jurisdiction of incorporation
• Singapore (location) — Address of principal executive office

FAQ

Filing Documents

• ea0229229-6k_liongroup.htm (6-K) — 21KB
• ea022922901ex16-1_liongroup.htm (EX-16.1) — 3KB
• ex16-1_001.jpg (GRAPHIC) — 6KB
• 0001213900-25-008908.txt ( ) — 34KB

financial statements;

financial statements; 2. the type of audit opinion that might be rendered on the Company’s financial statements by GGF, in either case where written or oral advice provided by GGF would be an important factor considered by the Company in reaching a decision as to any accounting, auditing or financial reporting issues; or 3. any matter that was either the subject of a disagreement (as defined in paragraph (a)(1)(iv) of Item 304 of Regulation S-K and the related instructions thereto) or a reportable event (as described in paragraph (a)(1)(v) of Item 304 of Regulation S-K). 1 Change to the Board of Directors On January 28, 2025, the board (the “ Board ”) of directors of the Company elected Mr. Chunning Wang, director of the Board, as the Chairman of the Board, effective immediately. On the same date, the Board elected Mr. Sze Hau Lee as a Class II director of the Board. Mr. Lee currently serves as the Chief Financial Officer of the Company. Mr. Lee joined the Company as a corporate finance director in May 2019, mainly responsible for the Company’s fund-raising activities. Prior to that, Mr. Lee worked in Carnival Group International Holdings Limited (0996.HK) as a corporate finance director from September 2017 to February 2019. While working there, Mr. Lee was primarily responsible for leading, originating, structuring and executing financing transaction and providing investment advice to the management. Before that, Mr. Lee had years of experience in banking industry. He worked as a manager of syndicated finance department at China Minsheng Banking Corporation Hong Kong Branch from February 2017 September 2017, a vice president of structured and leveraged finance department in Hengfeng Bank Shanghai Branch from April 2016 to February 2017, an assistant manager of structured and leveraged finance department in China Minsheng Banking Corporation Hong Kong Branch from January 2014 to April 2016. He had been primarily responsible for th

Financial Statements

Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 16.1 Letter of HTL International, LLC dated January 31, 2025 3

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. Date: January 31, 2025 LION GROUP HOLDING LTD. By: /s/ Chunning Wang Name: Chunning Wang Title: Chief Executive Officer and Director 4

View Full Filing

View this 6-K filing on SEC EDGAR