Going concern
Filing comparison
KB Global Holdings Ltd said management's plans alleviate substantial doubt about going concern
No going-concern disclosure → Substantial doubt raised, alleviated by management's plans
These conditions raise substantial doubt about the Company’s ability to continue as a going concern within one year after the date that these consolidated financial statements are issued. Management has evaluated these conditions and concluded that its plans, as described below, alleviate the substantial doubt: (i) Director Ms. Guo Li has continued to provide financial support to the Company. During the three months ended March 31, 2026, the amount due to Ms. Guo Li increased from $198,977 to $218,615. Ms. Guo Li has confirmed her intention to continue providing financial support to the…
Evidence
- Blank check
- No
- Comparable
- Yes
- Current state
- doubt_alleviated
- Current state label
- Substantial doubt raised, alleviated by management's plans
- Direction
- escalated
- Located in
- going-concern note
- Prior filed
- 2025-11-03
- Prior form
- 10-Q
- Prior state
- none
- Prior state label
- No going-concern disclosure
- Source
- ASC 205-40 going-concern note comparison
- Why
- Disclosure about the company's ability to continue as a going concern changed compared with its previous report.