Cosmos Group Holdings, Inc. (the Company) is furnishing this Current Report on Form 8-K to indicate its reliance on the Order in connection with the Companys Quarterly Report on Form 10-Q for the quarter ended March 31, 2020, as a result of the circumstances set forth below.
Due to the Companys key internal and external accounting personnel responsible for assisting the Company in the preparation of its financial statements now being required to work remotely because of COVID-19, the Company has been unable to timely provide to its auditors and accountants the financial records to provide consent. These measures have affected both the Companys and its service providers personnel and have delayed the ability of the Companys accounting personnel to process certain of its accounting records and receipts required to complete the audit of the Companys financial statements. The lack of time for the compilation, dissemination and review of the information required to be presented, and the importance of investors receiving materially accurate information in the Annual Report have resulted in the Company being unable to timely file an accurate Quarterly Report on Form 10-Q for its quarter-ended March 31, 2020, by the prescribed date without undue hardship and expense to the Company. Accordingly, in reliance upon the Order, the Company expects to file its Quarterly Report on Form 10-Q no later than 45 days after the due date of filing of May 15, 2020, unless the COVID-19 circumstances do not change and cause a further delay, in which case we will file for an extension and amendment to this Current Report on form 8-K.
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.
Cosmos Group Holdings, Inc.
Date: April 30, 2020
/s/ Miky Y.C. WAN
President and Chief Executive Officer
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