Value Exchange International Inc. Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees

Reuters

2025/07/07

<a href="https://laohu8.com/S/VEII">Value Exchange</a> International Inc. Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees

**Value Exchange International Inc. Faces Accounting Firm Disengagement** Value Exchange International Inc. announced that Grassi & Co. CPAs P.C., its certifying accountant, will not be engaging to perform the audit work for the company's fiscal year ending December 31, 2024. The disengagement, communicated electronically on July 1, 2025, is attributed to outstanding fees owed to Grassi. The company is actively seeking a successor independent registered public accounting firm and has assured that Grassi will cooperate fully with the new firm once selected. Despite no disagreements or reportable events with Grassi during the previous fiscal year, the company is working to complete overdue filings for its 2024 Form 10-K and the first quarter 2025 Form 10-Q. Grassi is expected to provide a letter to the SEC regarding the company's disclosures on this matter.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Value Exchange International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-25-010070), on July 07, 2025, and is solely responsible for the information contained therein.

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Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/VEII\">Value Exchange</a> International Inc. Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        **Value Exchange International Inc. Faces Accounting Firm Disengagement** Value Exchange International Inc. announced that Grassi &amp; Co. CPAs P.C., its certifying accountant, will not be engaging to perform the audit work for the company's fiscal year ending December 31, 2024. The disengagement, communicated electronically on July 1, 2025, is attributed to outstanding fees owed to Grassi. 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Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees\n</h2>\n<h4 class=\"meta\">\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time smaller\">2025-07-07 19:01</p>\n</div>\n</a>\n</h4>\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      <a href=\"https://laohu8.com/S/VEII\">Value Exchange</a> International Inc. Faces Audit Delays Due to Accountant Disengagement Over Outstanding Fees\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        **Value Exchange International Inc. Faces Accounting Firm Disengagement** Value Exchange International Inc. announced that Grassi &amp; Co. CPAs P.C., its certifying accountant, will not be engaging to perform the audit work for the company's fiscal year ending December 31, 2024. The disengagement, communicated electronically on July 1, 2025, is attributed to outstanding fees owed to Grassi. The company is actively seeking a successor independent registered public accounting firm and has assured that Grassi will cooperate fully with the new firm once selected. Despite no disagreements or reportable events with Grassi during the previous fiscal year, the company is working to complete overdue filings for its 2024 Form 10-<a href=\"https://laohu8.com/S/TKKD.SI\">K</a> and the first quarter 2025 Form 10-Q. Grassi is expected to provide a letter to the SEC regarding the company's disclosures on this matter.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Value Exchange International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001214659-25-010070), on July 07, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VEII","symbol_name":"Value Exchange International, Inc.","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250707:nNDL4SDHXk:1","article_id":"2549539874","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2549539874","pubTimestamp":1751886077,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"**Value Exchange International Inc. Faces Accounting Firm Disengagement** Value Exchange International Inc. announced that Grassi & Co. CPAs P.C., its certifying accountant, will not be engaging to perform the audit work for the company's fiscal year ending December 31, 2024. The disengagement, communicated electronically on July 1, 2025, is attributed to outstanding fees owed to Grassi. The company is actively seeking a successor independent registered public accounting firm and has assured that Grassi will cooperate fully with the new firm once selected. Despite no disagreements or reportable events with Grassi during the previous fiscal year, the company is working to complete overdue filings for its 2024 Form 10-K and the first quarter 2025 Form 10-Q. 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