Exhibit 16.1
May 23, 2023
United States Securities and Exchange Commission
Office of the Chief Accountant
100 F Street, N.E.
Washington, DC 20549-7561
Ladies and Gentlemen:
We have read the statements made by Genesis Growth Tech Acquisition Corp. (the “Company”), our former client, pursuant to Item 4.02, Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review, of the Current Report on Form 8-K/A dated May 23, 2023, with a report date of May 22, 2023. We have the following responses:
| 1. | In a letter dated May 15, 2023 (copy attached), Citrin Cooperman & Company, LLP informed the Company that it cannot continue to be associated with the following financial statements: |
| a. | Financial statements of the Company as of December 31, 2021 and for the period from March 17, 2021 (inception) through December 31, 2021 (audit report dated April 15, 2022). |
| b. | Unaudited condensed financial statements contained in the Company’s Quarterly Reports on Form 10-Q and/or Form 10-Q/A for the fiscal periods ended March 31, 2022, June 30, 2022, and September 30, 2022 (review report dated September 23, 2022 in connection with Citrin Cooperman & Company, LLP’s review of the Company’s condensed balance sheet as of June 30, 2022 and the related condensed statements of operations and changes in shareholder’s deficit for the three-month periods ended June 30, 2022 and 2021, and for the six-month period ended June 30, 2022 and for the period from March 17, 2021 (inception) through June 30, 2021, and the condensed statements of cash flow for the six-month period ended June 30, 2022 and for the period from March 17, 2021 (inception) through June 30, 2021.) |
Citrin Cooperman & Company, LLP’s May 15, 2023 letter was not appropriately referenced by the Company in its Form 8-K/A dated May 23, 2023 with a report date of May 22, 2023.
| 2. | We disagree with the statement in the first paragraph of Item 4.01 of the Form 8-K/A that this was an “inadvertent error” as it is inconsistent with information obtained from the Company during our audit and timely interim reviews as further outlined in Citrin Cooperman & Company, LLP’s May 15, 2023 letter. |
| 3. | We disagree with the statement in the fourth paragraph of Item 4.01 of the Form 8-K/A stating that the Company will work with “its … predecessor auditing firm(s) to restate and correct the financial statements for the affected periods.” Citrin Cooperman & Company, LLP resigned as the independent registered public accounting firm of the Company on April 12, 2023, and, on May 15, 2023, issued its letter in connection with non-reliance on the Company’s previously issued financial statements. Citrin Cooperman & Company, LLP will no longer be associated with the Company and will not work with the Company to restate and/or correct any financial statements. |
| 4. | We have no basis to agree or disagree with any other statements made in Item 4.02 and/or Item 8.01, Other Events, of the Form 8-K/A. |
/s/ CITRIN COOPERMAN & COMPANY, LLP