SEC Comment Letter 0000000000-24-001631 to GoLogiq, Inc. (GOLQ) (CIK 0001746278)
GoLogiq, Inc. (GOLQ) (CIK 0001746278)
Date: Feb. 29, 2024 · CIK: 0001746278 · Accession: 0000000000-24-001631
AI Filing Summary & Sentiment
File numbers found in text: 333-231286
Letter
United States securities and exchange commission logo February 12, 2024 Brent Suen Chief Executive Officer GoLogiq, Inc. 85 Broad Street, 16-079 New York, NY 10004 Re:GoLogiq, Inc. Item 4.02 Form 8-K Filed on February 9, 2024 File No. 333-231286 Dear Brent Suen: We have reviewed your filing and have the following comments. Please respond to this letter within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe a comment applies to your facts and circumstances, please tell us why in your response. After reviewing your response to this letter, we may have additional comments. Item 4.02 Form 8-K Filed on February 9, 2024 General 1.We note management determined that the December 31, 2022 audited financial statements, as well as the unaudited interim financial statements for the three quarters in fiscal 2023, should no longer be relied upon due to an error in the company's accounting for the Logiq business combination. Considering this transaction occurred on January 27, 2022, it is unclear why management did not also determine that the unaudited financial statements included in each of the fiscal 2022 Form 10-Q filings should also no longer be relied upon. Please explain or amend the Form 8-K accordingy. We remind you that the company and its management are responsible for the accuracy and adequacy of their disclosures, notwithstanding any review, comments, action or absence of action by the staff.
FirstName LastNameBrent Suen Comapany NameGoLogiq, Inc. February 12, 2024 Page 2 FirstName LastName Brent Suen GoLogiq, Inc. February 12, 2024 Page 2 You may contact Kathleen Collins, Accounting Branch Chief, at (202) 551-3499 if you have any questions. Sincerely, Division of Corporation Finance Office of Technology cc: Scott Kline
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United States securities and exchange commission logo
February 12, 2024
Brent Suen
Chief Executive Officer
GoLogiq, Inc.
85 Broad Street, 16-079
New York, NY 10004
Re:GoLogiq, Inc.
Item 4.02 Form 8-K Filed on February 9, 2024
File No. 333-231286
Dear Brent Suen:
We have reviewed your filing and have the following comments.
Please respond to this letter within ten business days by providing the requested
information or advise us as soon as possible when you will respond. If you do not believe a
comment applies to your facts and circumstances, please tell us why in your response.
After reviewing your response to this letter, we may have additional comments.
Item 4.02 Form 8-K Filed on February 9, 2024
General
1.We note management determined that the December 31, 2022 audited financial
statements, as well as the unaudited interim financial statements for the three quarters in
fiscal 2023, should no longer be relied upon due to an error in the company's accounting
for the Logiq business combination. Considering this transaction occurred on January 27,
2022, it is unclear why management did not also determine that the unaudited financial
statements included in each of the fiscal 2022 Form 10-Q filings should also no longer be
relied upon. Please explain or amend the Form 8-K accordingy.
We remind you that the company and its management are responsible for the accuracy
and adequacy of their disclosures, notwithstanding any review, comments, action or absence of
action by the staff.
FirstName LastNameBrent Suen
Comapany NameGoLogiq, Inc.
February 12, 2024 Page 2
FirstName LastName
Brent Suen
GoLogiq, Inc.
February 12, 2024
Page 2
You may contact Kathleen Collins, Accounting Branch Chief, at (202) 551-3499 if you
have any questions.
Sincerely,
Division of Corporation Finance
Office of Technology
cc: Scott Kline