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GoLogiq Inc
85 Broad Street, 16-079
Phone: (808) 829-1057p:808 829-1057 NEW YORK, NY  10004  United States Ticker: GOLQGOLQ

On February 6, 2024, the Board of Directors of GoLogiq, Inc. concluded, after discussion with the company’s management, that the company’s previously issued audited financial statements as of December 31, 2022, as well as the unaudited interim financial statements for the first three quarterly periods of the year ended December 31, 2023, should be restated and accordingly, should no longer be relied upon. On January 27, 2022, the company acquired the AppLogiq/Createapp business from Logiq, Inc. and accounted for it as a business combination. As the company was a nonoperating public shell corporation at that time, and despite having some intellectual property and a business plan, was not producing any outputs nor generating business revenue and, therefore, did not meet the definition of a business. Thus, the company determined that the transaction should not be considered a business combination. Instead, this type of transaction is considered to be a capital transaction of the legal acquiree and is equivalent to the issuance of shares by the private entity for the net monetary assets of the public shell corporation (Lovarra) accompanied by a recapitalization. Any excess of the fair value of the shares issued by the private entity over the value of the net monetary assets of the public shell corporation (Lovarra) is recognized as a reduction to equity.

Business Summary
GoLogiq, Inc. is a global provider of financial technology (fintech) and mobile solutions for digital transformation and consumer data analytics. The Company’s software platforms are comprised of CreateApp, which is a mobile app development and publishing platform for small-to-medium sized businesses (SMBs); AtozGo, which is an app-based delivery platform; AtozPay, which is an e-wallet for mobile top-ups, e-commerce purchases, bill payment, and microfinance; and Radix, a big data analytics platform. Through the Company’s subsidiary, GenFi Financial Group, Inc., and its subsidiaries (GENFI Group), it provides wealth management, direct-to-consumer lending platforms, mortgage broking, accounting, taxation advice, reporting, structuring, and solutions for individual investors and small-to-medium businesses in Australia. It also offers compliance services, including advice regarding managed investment schemes (MIS), self-managed superannuation funds (SMSF), and other ancillary services.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
9/30/202312/31/2022YesYes---

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board Brent Y.Suen 56 7/12/2023 11/26/2021
Chief Executive Officer, Independent Director GrangerWhitelaw 57 7/12/2023 3/15/2022
Chief Financial Officer StephenJones 7/26/2023 7/26/2023
3 additional Officers and Directors records available in full report.

Business Names
Business Name
AppLogiq
DataLogiq
GammaRey
GOLQ
LOVA

General Information
Number of Employees: 11 (As of 12/31/2022)
Outstanding Shares: 63,136,499 (As of 11/14/2023)
Shareholders: 752
Stock Exchange: OTC


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Saturday, April 27, 2024