Know Labs, Inc. Announces Receipt of Audit Opinion with Going Concern Explanation
15 Noviembre 2024 - 6:03PM
Business Wire
Know Labs, Inc. (NYSE American: KNW), leading developer of
non-invasive diagnostics technology, today announced that, as
previously disclosed in its Annual Report on Form 10-K for the year
ended September 30, 2024, which was filed on November 14, 2024 with
the Securities and Exchange Commission, the audited financial
statements contained an audit opinion from its independent
registered public accounting firm that included an explanatory
paragraph related to the Company’s ability to continue as a going
concern. See further discussion in Note 2 to the Company’s
financial statements included in the Company’s Annual Report on
Form 10-K. This announcement is made pursuant to NYSE American LLC
Company Guide Section 610(b), which requires public announcement of
the receipt of an audit opinion containing a going concern
paragraph. This announcement does not represent any change or
amendment to the Company’s financial statements or to its Annual
Report on Form 10-K for the year ended September 30, 2024.
About Know Labs, Inc.
Know Labs, Inc. is a public company whose shares trade on the
NYSE American Exchange under the stock symbol “KNW.” The Company’s
platform technology uses spectroscopy to direct electromagnetic
energy through a substance or material to capture a unique
molecular signature. The technology is designed to able to
integrate into a variety of wearable, mobile or bench-top form
factors. The Company believes that this patented and patent-pending
technology makes it possible to effectively identify and monitor
analytes that could only previously be performed by invasive and/or
expensive and time-consuming lab-based tests. The Company’s first
expected application of the technology will be in a product
marketed as a non-invasive glucose monitor. The device is designed
to provide the user with accessible and affordable real-time
information on blood glucose levels. This product will require U.S.
Food and Drug Administration clearance prior to its introduction to
the market.
Safe Harbor Statement
This release contains statements that constitute forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995 and Section 27A of the Securities Act of 1933,
as amended, and Section 21E of the Securities Exchange Act of 1934,
as amended. These statements appear in a number of places in this
release and include all statements that are not statements of
historical fact regarding the intent, belief or current
expectations of Know Labs, Inc., its directors or its officers with
respect to, among other things: (i) financing plans; (ii) trends
affecting its financial condition or results of operations; (iii)
growth strategy and operating strategy; and (iv) performance of
products. You can identify these statements by the use of the words
“may,” “will,” “could,” “should,” “would,” “plans,” “expects,”
“anticipates,” “continue,” “estimate,” “project,” “intend,”
“likely,” “forecast,” “probable,” “potential,” and similar
expressions and variations thereof are intended to identify
forward-looking statements. Investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, many of which are beyond Know
Labs, Inc.’s ability to control, and actual results may differ
materially from those projected in the forward-looking statements
as a result of various factors. These risks and uncertainties also
include such additional risk factors as are discussed in the
Company’s filings with the U.S. Securities and Exchange Commission,
including its Annual Report on Form 10-K for the fiscal year ended
September 30, 2024, Forms 10-Q and 8-K, and in other filings we
make with the Securities and Exchange Commission from time to time.
These documents are available on the SEC Filings section of the
Investor Relations section of our website at www.knowlabs.co. The
Company cautions readers not to place undue reliance upon any such
forward-looking statements, which speak only as of the date made.
The Company undertakes no obligation to update any forward-looking
statement to reflect events or circumstances after the date on
which such statement is made.
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Know Labs, Inc. Contact: Jordyn Hujar jordyn@knowlabs.co
Ph. (206) 629-6414
Know Labs (AMEX:KNW)
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