Kuber Resources CFO Resigns Amid Dispute; 10-K Delayed as Subsidiary Records Withheld
KUBR is trading near its 52-week low of $0 (0.0% above the low).
Summary
Kuber Resources disclosed that CFO Li Jiyong resigned in April amid a dispute with management, and that the company cannot file its 2025 Form 10-K because subsidiary records maintained under Li have not been made available. Raymond Fu has been appointed CFO while continuing as CEO.
Key Events · Executive and Board Changes · KUBR
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CFO Resigns Amid Dispute
CFO Li Jiyong resigned effective April 10, 2026, citing alleged non-observance of an October 16, 2025 agreement and disagreements with operations, policies, and practices under current management.
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New CFO Appointed
Raymond Fu was named CFO effective August 21, 2026, while continuing to serve as CEO, President, Secretary, Treasurer, and a director. No compensatory arrangements were disclosed for the new role.
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2025 10-K Delayed
The company cannot file its 2025 Form 10-K because books, records, and supporting accounting documentation of subsidiary Gong Fa Cai, maintained under former CFO Li, have not been made available despite repeated requests.
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No Restatement Yet
Neither the company nor its independent auditor has made any determination regarding previously issued financial statements, and the company has not concluded that any prior statements should no longer be relied upon.
Analysis · KUBR · Technology
The CFO resigned in April citing an alleged breach of a 2025 agreement and disagreements with management, and the company has now disclosed it cannot file its 2025 annual report because the subsidiary's books and records — maintained under that same CFO — have not been made available despite repeated requests. The company has not yet concluded that any prior financial statements are unreliable, but the combination of a disputed CFO departure and a blocked audit is a serious governance red flag for a micro-cap issuer already trading near its 52-week low.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 35.8% of the 1045 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.43%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, KUBR was trading at $0.00 on OTC in the Technology sector, with a market capitalization of approximately $47.3K. The 52-week trading range was $0.00 to $8.09. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.