UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report: November 6, 2024
(Date of earliest event reported)
Commission File No. 000-54126
| ALPHA NETWORK ALLIANCE VENTURES INC. | ||
| (Exact name of registrant as specified in its charter) |
| Delaware | 45-1649826 | |
| (State or other jurisdiction of | (I.R.S. Employer | |
| incorporation or organization) | Identification No.) |
11801 Pierce St., 2nd Floor
Riverside, California 92505
(Address of principal executive offices, zip code)
(714) 515-0204
(Registrant’s telephone number, including area code)
(Former name, former address and former fiscal year, if changed since last report)
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
| - |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter):
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated Filer | ☒ | Smaller reporting company | ☒ |
| Emerging growth company | ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 4.01 CHANGE IN REGISTRANT’S CERTIFYNG ACCOUNTANT
On November 6, 2024, Alpha Network Alliance Ventures, Inc. (the “Company”) notified Yusufali & Associates, LLC (“Yusufali & Associates”) that the Company had dismissed Yusufali & Associates, as the independent registered accounting firm of the Company. The board of directors of the Company recommended and approved of the dismissal. The Securities and Exchange Commission has notified the Company that Public Company Accounting Oversight Board has revoked the registration Yusufali & Associates.
For the fiscal years ending December 31, 2023 and 2022, and during the subsequent interim period through the date of dismissal, the reports of independent registered accounting firm on the Company’s financial statements did not contain any adverse opinion or disclaimer of opinion, nor was it qualified or modified as to uncertainty, audit scope, or accounting principles. The reports of Yusufali & Associates, however, stated that there is substantial doubt about the Company’s ability to continue as a going concern.
During the periods ending December 31, 2023 and 2022, and during the subsequent period through the date of Yusufali & Associates’ dismissal (i) there were no “disagreements” (as described in Item 304(a)(1)(iv) of Regulation S-K and the related instructions) between the Company and Yusufali & Associates on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedures, which disagreements, if not resolved to Yusufali & Associates’s satisfaction, would have caused Yusufali & Associates to make reference in connection with Yusufali & Associates’s opinion to the subject matter of the disagreement; and (ii) there were no “reportable events” as the term is described in Item 304(a)(1)(v) of Regulation S-K.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
Exhibit No. | Description | |
| 16.1 | Letter from Yusufali & Associates, LLC, dated November 7, 2024 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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 hereunto duly authorized.
| Date: November 7, 2024 | /s/ Eleazar Rivera |
| Eleazar Rivera | |
| President, Secretary and Treasurer | |
(principal executive officer, principal financial officer, and principal accounting officer) |
