Baijiayun Group Ltd. Appoints New Independent Auditor

TL;DR

Baijiayun swapped auditors to Enrome LLP on Sept 11, 2024.

AI Summary

On September 11, 2024, Baijiayun Group Ltd. announced the appointment of Enrome LLP as its new independent registered public accounting firm. Enrome LLP will replace the previous auditor, Sh.

Why It Matters

Changing auditors can signal a shift in financial reporting scrutiny or a response to previous audit findings, potentially impacting investor confidence.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of an auditor change and does not contain significant financial or operational news.

Key Players & Entities

• Baijiayun Group Ltd (company) — Registrant
• Enrome LLP (company) — Newly appointed independent auditor
• September 11, 2024 (date) — Date of auditor appointment

FAQ

Filing Documents

• ea0214086-6k_baijiayun.htm (6-K) — 16KB
• 0001213900-24-077495.txt ( ) — 17KB

From the Filing

OF FOREIGN PRIVATE ISSUER UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of September 2024 Commission File No. 001-33176 Baijiayun Group Ltd (Exact name of registrant as specified in its charter) 24F, A1 South Building, No. 32 Fengzhan Road Yuhuatai District, Nanjing People’s Republic of China (Address of principal executive offices) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F ¨ Baijiayun Appointments of Enrome LLP as Independent Auditor On September 11, 2024, Baijiayun Group Ltd (“Baijiayun” or the “Company”) appointed Enrome LLP (“Enrome”) as its independent registered public accounting firm to replace Shandong Haoxin Certified Public Accountants Co., Ltd. (“Haoxin”), effective September 11, 2024. The change of the Company’s independent auditor was made after careful consideration and evaluation process and was approved by the board of directors of the Company (the “Board”) and the audit committee of the Board. From October 31, 2023, the date the Company engaged Haoxin as its independent registered public accounting firm, to September 11, 2024, there were no (1) disagreements as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions thereto between the Company and Haoxin on any matter of accounting principles or practices, financial statement disclosure, or auditing scope or procedures that, if not resolved to the satisfaction of Haoxin, would have caused Haoxin to make reference in connection with its opinion to the subject matter of the disagreement; or (2) reportable events as defined in Item 16F(a)(1)(v) of Form 20-F. Prior to the engagement of Enrome, neither the Company nor anyone acting on its behalf consulted Enrome regarding any of the matters or events set forth in Item 16F(a)(2)(i) and (ii) of Form 20-F. The Company is working closely with Haoxin and Enrome to ensure a seamless transition. Safe Harbor Statement This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” and “plan” and similar expressions indicate forward-looking statements. Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release. A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation. About Baijiayun Group Ltd Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has g

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View this 6-K filing on SEC EDGAR