SecureTech Innovations Engages Marcum Asia as Independent Registered Public Accounting Firm

SecureTech Innovations, Inc. U.S.-Based PCAOB-Registered Firm Engaged to Strengthen Financial Reporting as SecureTech Scales Operations and Expands Into New Markets Concurrently, SecureTech has completed a restatement correcting two balance-sheet classification items in prior filings; the corrections do not affect previously reported revenue or cash position ROSEVILLE, MN, Aug. 05, 2026 (GLOBE NEWSWIRE) -- SecureTech Innovations, Inc. (OTCQB: SCTH ), a diversified technology holding company advancing artificial intelligence initiatives, industrial 3D printing and manufacturing technologies, and blockchain-based digital infrastructure and assets, today announced two related developments: the engagement of Marcum Asia CPAs LLP (“ Marcum Asia ”) as its new independent registered public accounting firm and the completion of a restatement correcting two balance-sheet classification items in its prior financial statements. SecureTech expects this engagement to mark the beginning of a long-term relationship with Marcum Asia as the Company continues to grow and enter new markets. Marcum Asia Engagement Effective July 31, 2026, Marcum Asia succeeds Gary Cheng CPA Limited (“ GCCPA ”) as SecureTech's independent auditor. Marcum Asia will conduct quarterly reviews for the periods ended June 30, 2026 and ending September 30, 2026, followed by the audit of SecureTech's fiscal year 2026 financial statements. As SecureTech scales its U.S. operations alongside its established business in Hong Kong and mainland China (through its subsidiary AI UltraProd), the Company sought an auditor with strong U.S.-based capacity to support both. Marcum Asia's track record with cross-border, U.S.-listed companies made it a natural fit for this next phase, and SecureTech views the engagement as the start of a long-term relationship. GCCPA served as SecureTech's auditor through a period of substantial growth for the Company and was re-engaged on a limited-scope basis to complete the re-audit and interim reviews tied to the restatement described below, which is now finished. SecureTech thanks GCCPA for its work and for its continued cooperation in making work papers available to Marcum Asia to support a smooth transition. Restatement Concurrently with the engagement of Marcum Asia, SecureTech will be filing a Current Report on Form 8-K disclosing two classification corrections to its financial statements for fiscal year 2025 and the interim periods ended June 30, 2025, September 30, 2025, and March 31, 2026: A redeemable non-controlling interest in one subsidiary has been reclassified from permanent equity to mezzanine equity, with related accretion. Certain accounts receivable have been reclassified from current to non-current assets. Both are presentation matters — reclassifications on the balance sheet — and do not change the Company's previously reported revenue or cash position. SecureTech identified both issues through its own internal review process, and has already filed the corrected reports: Amendment No. 1 to its Form 10-K for fiscal year 2025, and amended Form 10-Qs for each affected quarter. These filings can be viewed on SEC.gov . SecureTech is treating this process as a proof point for its financial reporting discipline: internal controls caught the issues, the Company corrected them without prompting, and it is now moving to a larger, U.S.-based audit firm as it prepares to scale its operations in the U.S. This builds on SecureTech's recent nomination of three independent directors to form a fully independent Audit Committee upon SecureTech’s planned Nasdaq listing. J. Scott Sitra, SecureTech’s President and CEO, stated: “Engaging a U.S.-based PCAOB-registered firm of Marcum Asia’s caliber is an important s...