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

SCTH

SecureTech Innovations Engages Marcum Asia as Independent Registered Public Accounting Firm

SecureTech Engages Marcum Asia, Restates Finances as It Targets Nasdaq Listing

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 <section data-block="information">
 <h3>Information</h3>
 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
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 <section data-block="ai-summary-paragraph">
 <h3>AI Summary</h3>
 SecureTech announced Marcum Asia as its new PCAOB-registered auditor as it scales U.S. operations and pursues a Nasdaq listing. It also restated two balance-sheet classifications without affecting revenue or cash, underscoring stronger internal controls. The governance upgrade and U.S. growth plan could support a higher valuation if listing progress continues.
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 <h3>Key Points</h3>
 <ul><li>Marcum Asia named SCTH&#039;s independent auditor. Replaces GCCPA.</li><li>Restatement completed. Two balance-sheet classifications corrected; revenue unchanged.</li><li>Quarterly reviews for 6/30/2026 and 9/30/2026; FY2026 audit planned.</li><li>Redeemable NCI reclassified to mezzanine equity with accretion.</li><li>Nasdaq listing planned; three independent directors nominated for Audit Committee.</li></ul>
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 <section data-block="companies-mentioned">
 <h3>Companies Mentioned</h3>
 <ul><li>SecureTech Innovations, Inc. (SCTH): Announced auditor change to Marcum Asia and a balance-sheet restatement; pursuing Nasdaq listing and U.S. expansion.</li><li>Marcum Asia CPAs LLP (N/A): New independent auditor; enhances cross-border capability for U.S.-listed SCTH.</li><li>Gary Cheng CPA Limited (N/A): Previous auditor; engaged on limited-scope basis for restatement support; transitioning to Marcum Asia.</li></ul>
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 <section data-block="category">
 <h3>Corporate Developments</h3>
 Corporate Developments: SCTH’s auditor transition and restatement reflect governance upgrades aligned with Nasdaq plans and U.S. expansion.
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 <section data-block="market-moving">
 <h3>Market-Moving</h3>
 <ul><li>US-based PCAOB auditor engagement may boost reporting credibility and listing prospects.</li><li>Restatement is revenue- and cash-neutral, reducing near-term financial risk.</li><li>Nasdaq listing plan introduces potential equity-raising and liquidity catalysts.</li><li>Cross-border expansion under SCTH heightens focus on execution and governance.</li></ul>
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 <section data-block="key-facts">
 <h3>Key Facts</h3>
 <ul><li>Effective July 31, 2026: Marcum Asia appointed SCTH auditor.</li><li>Q2 and Q3 2026 reviews: periods ended 6/30/2026 and 9/30/2026; FY2026 audit planned.</li><li>Redeemable non-controlling interest reclassified from permanent equity to mezzanine equity.</li><li>Accounts receivable reclassified from current to non-current.</li><li>Amendment No. 1 to Form 10-K for 2025 filed; restatement disclosed; Nasdaq listing planned.</li></ul>
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 <section data-block="trading-thesis">
 <h3>Trading Thesis</h3>
 Bullish near-term if Nasdaq listing progresses; monitor audit transition and U.S. expansion over 6–12 months.
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<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link>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: <a href="https://www.globenewswire.com/Tracker?data=uHSQgVCp8dmsfcVW9SHLKq1BCMeolEPYuHAAqXWUBQYqm6r4maOJ_ab8KTk0q6yzjptHUZ02TnWWqbTctArjm0Kr_hcSoUf28B1DNtt-PeE=" rel="nofollow" target="_blank">SCTH</a>), 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&#39;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&#39;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&#39;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&#39;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: <ul><li style="margin-top:0in; margin-bottom:0in; text-align:justify;">A redeemable non-controlling interest in one subsidiary has been reclassified from permanent equity to mezzanine equity, with related accretion.</li></ul> <ul><li style="margin-top:0in; margin-bottom:0in; text-align:justify;">Certain accounts receivable have been reclassified from current to non-current assets. </li></ul> Both are presentation matters — reclassifications on the balance sheet — and do not change the Company&#39;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 <a href="https://www.globenewswire.com/Tracker?data=hVZ05LwE6uiQNMBNWzj3HZo9R4DJMFEfj8MO8wjygZPxSQ4eJTo34tnlNKJBChC3fqzR7MSl0et2K7dbdnBFjQ==" rel="nofollow" target="_blank">SEC.gov</a>. 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&#39;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 step as we build toward our planned Nasdaq listing and strengthen our financial reporting across a growing, multinational operating footprint. Equally important, we are committed to getting our financial reporting right and to being fully transparent with our shareholders. We identified these classification matters internally and corrected them — that&#39;s the standard we&#39;re holding ourselves to. We are grateful to Gary Cheng CPA Limited for their continued cooperation, and we look forward to a productive, long-term relationship with the Marcum Asia team as SecureTech enters its next phase of rapid growth." About SecureTech Innovations SecureTech Innovations, Inc. (OTCQB:<a class="ticker" href="https://www.benzinga.com/quote/SCTH">SCTH</a>) is a diversified technology holding company whose subsidiaries operate across artificial intelligence-driven manufacturing, blockchain-based digital infrastructure and cybersecurity, and patented vehicle security systems. Its portfolio companies include AI UltraProd, which develops AI-powered industrial 3D manufacturing solutions; Piranha Blockchain, which focuses on Web3 security architecture, digital asset infrastructure, and cybersecurity systems; and Top Kontrol, which holds patented vehicle anti-theft and anti-carjacking technology. SecureTech’s mission is to deliver practical, transformative technologies that improve safety, automation, and digital resilience across multiple industries. For further information, visit our websites: <a href="https://www.globenewswire.com/Tracker?data=icaD6yKjAvsCT1WqrXlrpBOoMGq2lCXK7yupX-QcjvfKq945L-PxW2pqLEJPwmFEzrS2Uo6tSuhkyYjs1nDfl-sAwFZK3kAEaeXLocHYGWJp8LshQM3_XbzlOspWhzO6" rel="nofollow" target="_blank">securetechinnovations.com</a> &#x7C; <a href="https://www.globenewswire.com/Tracker?data=cLmbRKtQ-9cKozTQ25UcaTMtyXd1AeXMu35UPv2NIwUuHgscdPHr_AvnDRTneLRvzwLm7bplvwSlpGEDy0WZ383Kvexy83auV48q8G2r0fk=" rel="nofollow" target="_blank">aiultraprod.com</a> &#x7C; <a href="https://www.globenewswire.com/Tracker?data=UDHi2pCymKt6pkxMLE663GIjqKNVgb18dgNFBGJTsFaEtlJfp2b6-JWoX5PI5seKnCf2SUQMexAzkIEYWPjWPfBXwAvV-_duu_T56Xkr_2NT8HDpl2C70zCw8zWhhvEv" rel="nofollow" target="_blank">piranhablockchain.com</a> &#x7C; <a href="https://www.globenewswire.com/Tracker?data=g9UrpYVTaV0bjK5eDDm_2l0Wq1OCm7ky4e9Hdxy0QTjqRCcEVHefhX9kjVlgmdQOZSrSRPiF5jYICzBxENAHbfQmZm-cC75OoAFbcIzQ6NA=" rel="nofollow" target="_blank">topkontrol.com</a> Disclaimer &amp; Forward Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are statements that are not historical facts and may include, but are not limited to, statements regarding SecureTech’s plans to seek listing on the Nasdaq Capital Market, AI UltraProd’s planned U.S. projects and anticipated contribution of U.S. operations to consolidated results, SecureTech’s expectations regarding its relationship with Marcum Asia, and SecureTech’s business and strategic outlook. These statements are often identified by words such as "believes," "estimates," "anticipates," "expects," "plans," "projects," "intends," "potential," "may," "could," "might," "will," "should," "approximately," and similar expressions. Forward-looking statements involve known and unknown risks and uncertainties that could cause actual results, events, or circumstances to differ materially from those expressed or implied, including the risk that SecureTech’s Nasdaq listing application may not be approved, that required regulatory approvals may not be obtained, that anticipated U.S. operations may be delayed or may not materialize as expected, that SecureTech’s relationship with Marcum Asia may not continue as currently anticipated, and other risks described in SecureTech’s filings with the Securities and Exchange Commission ("SEC"), including the "Risk Factors" section of SecureTech’s most recent Annual Report on Form 10-K and Quarterly Report on Form 10-Q. SecureTech’s SEC filings are available at <a href="https://www.globenewswire.com/Tracker?data=eqeijR5FJJjryUYdTrLfgZPmFG_Vcb6lul3VfjAIycsop3No5WEuw4KiWc8en-nHDaCGvwYjc18Fji_l3swIAA==" rel="nofollow" target="_blank">www.sec.gov</a>. SecureTech undertakes no obligation to update any forward-looking statement to reflect new information, future events, or otherwise, except as required by applicable law. ### Media Contact SecureTech Innovations, Inc. Email: <a href="https://www.globenewswire.com/Tracker?data=a8AZtE0WlIlHCIuvhfQDogT14vwfYYlKs8tJ5KhAdAbndSRbA3QTPBRSt7eVnUOdQ5FvE44wCArz3DSHXO_kGkXCCp_U4ogpRQPX9fWpU_Dlbb6-i-mYaE4TwGkHh2FS" rel="nofollow" target="_blank">ir@securetechinnovations.com</a> Phone: (651) 317-8990 Website: <a href="https://www.globenewswire.com/Tracker?data=eqeijR5FJJjryUYdTrLfgaWx511SICFFvvAtZE6gsgTHsuYnyBxwJmR0gL2FSme-i8cLAYyRWj44k-FA0EdSba2jTo5k8qoidw3nfTVZm0rvDFrEJO3MKiRQylZNZq8z" rel="nofollow" target="_blank">www.securetechinnovations.com</a> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTgwNDY3NSM3NzYxODQ0IzUwMDEyOTY2MA=="></img> <img alt="" src="https://ml.globenewswire.com/media/Zjc4ZjUzNjYtN2FjYi00OTU2LTgwNTktOTg5YmFiYmIzOTdjLTUwMDEyOTY2MC0yMDI2LTA4LTA1LWVu/tiny/SecureTech-Innovations-Inc.png" referrerpolicy="no-referrer-when-downgrade"></img><a href="https://www.globenewswire.com/NewsRoom/AttachmentNg/1f711eb4-3ed0-475a-9bc0-c8c2be33cbd0"><img src="https://ml.globenewswire.com/media/1f711eb4-3ed0-475a-9bc0-c8c2be33cbd0/small/securetech-m-l-securetech-logo-primary-r-exact-lines-may-202.jpg" border="0" width="150" height="53" alt="Primary Logo"></img></a>

SecureTech announced Marcum Asia as its new PCAOB-registered auditor as it scales U.S. operations and pursues a Nasdaq listing. It also restated two balance-sheet classifications without affecting revenue or cash, underscoring stronger internal controls. The governance upgrade and U.S. growth plan could support a higher valuation if listing progress continues.

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SecureTech Innovations Engages Marcum Asia as Independent Registered Public Accounting Firm

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