• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
PublishDashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlertsPublish with Us
    Company
    AboutQuantisnow PlusContactJobsAI employees
    Legal
    Terms of usePrivacy policyCookie policy

    SEC Form 6-K filed by TCTM Kids IT Education Inc.

    3/14/25 7:37:01 AM ET
    $TCTM
    Other Consumer Services
    Real Estate
    Get the next $TCTM alert in real time by email
    6-K 1 tm258214d1_6k.htm FORM 6-K

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    WASHINGTON, D.C. 20549

     

     

     

    FORM 6-K

     

     

     

    REPORT OF FOREIGN PRIVATE ISSUER

    PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE

    SECURITIES EXCHANGE ACT OF 1934

     

    For the month of March 2025

     

    Commission File Number: 001-36363

     

     

    TCTM KIDS IT EDUCATION INC.

     

     

    19/F, Building A, Vanke Times Center

    No.186 Beiyuan Road, Chaoyang District

    Beijing, 100102, People’s Republic of China

    Tel: +86 10 6213-5687

     

    (Address of Principal Executive Offices)

     

    Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

     

    Form 20-F x            Form 40-F ¨

     

     

     

     

     

     

    Change of Company’s Certifying Accountant

     

    On March 14, 2025, the board of directors (the “Board”) of TCTM Kids IT Education Inc. (the “Company”), upon recommendation of the audit committee of the Board (the “Audit Committee”), resolved to appoint Guangdong Prouden CPAs GP (“Prouden”) as the Company’s independent registered public accounting firm, effective March 14, 2025, succeeding Marcum Asia CPAs LLP (“Marcum Asia”), the Company’s former independent registered public accounting firm.

     

    The reports of Marcum Asia on the consolidated financial statements of the Company and its subsidiaries as of December 31, 2022 and 2023, and for each of the years in the three-year period ended December 31, 2023, contained no adverse opinion or disclaimer of opinion.

     

    During the Company’s two most recent fiscal years and through the subsequent interim period on or prior to March 14, 2025, there were (i) no “disagreements” (as that term is defined in Item 16F(a)(1)(iv) of Form 20-F) between the Company and Marcum Asia on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements, if not resolved to the satisfaction of Marcum Asia, would have caused Marcum Asia to make reference to the subject matter of the disagreement in Marcum Asia’s reports on the consolidated financial statements of the Company and its subsidiaries for such years, and (ii) no “reportable events” (as that term is defined in Item 16F(a)(1)(v) of Form 20-F).

     

    The Company provided Marcum Asia with a copy of the disclosures it is making in this current report on Form 6-K and requested that Marcum Asia furnish it with a letter addressed to the U.S. Securities and Exchange Commission stating whether or not Marcum Asia agrees with the above disclosures and, if not, stating the respects in which Marcum Asia does not agree. To date, the Company has not received such letter from Marcum Asia; however, upon receipt of the same, the Company will file an amendment to this current report on Form 6-K to include the letter as an exhibit.

     

    During the fiscal years ended December 31, 2022 and 2023, and the subsequent period through March 14, 2025, neither the Company nor anyone on its behalf consulted with Prouden regarding (i) the application of accounting principles to a specific transaction, either completed or proposed, (ii) the type of audit opinion that might be rendered on the Company’s financial statements and neither a written report nor oral advice was provided to the Company that Prouden concluded was an important factor considered by the Company in reaching a decision as to accounting, auditing or financial reporting issues, (iii) any matter that was the subject of a disagreement (as defined in Item 16F(a)(1)(iv) of Form 20-F and the related instructions), or (iv) any reportable event (as described in Item 16F(a)(1)(v) of Form 20-F).

     

    Incorporation by Reference

     

    This report on Form 6-K is hereby incorporated by reference into each of (i) the registration statement on Form F-3 (No. 333-284305), and (ii) the registration statements on Form S-8 (No. 333-279404, No. 333-270547, No. 333-228771, No. 333-204494 and No. 333-197226), to the extent not superseded by documents or reports subsequently filed.

     

     

     

     

    SIGNATURE

     

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

     

      TCTM Kids IT Education Inc.
         
         
      By: /s/ Xiaolan Tang
      Name: Xiaolan Tang
      Title: Chief Financial Officer

     

    Date: March 14, 2025

     

     

     

    Get the next $TCTM alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $TCTM

    DatePrice TargetRatingAnalyst
    More analyst ratings

    $TCTM
    SEC Filings

    See more
    • SEC Form 6-K filed by TCTM Kids IT Education Inc.

      6-K - TCTM Kids IT Education Inc. (0001592560) (Filer)

      4/24/25 4:00:42 PM ET
      $TCTM
      Other Consumer Services
      Real Estate
    • SEC Form 6-K filed by TCTM Kids IT Education Inc.

      6-K - TCTM Kids IT Education Inc. (0001592560) (Filer)

      4/7/25 6:30:58 AM ET
      $TCTM
      Other Consumer Services
      Real Estate
    • SEC Form 6-K filed by TCTM Kids IT Education Inc.

      6-K - TCTM Kids IT Education Inc. (0001592560) (Filer)

      4/7/25 6:27:54 AM ET
      $TCTM
      Other Consumer Services
      Real Estate

    $TCTM
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • TCTM Filed 2024 Annual Report on Form 20-F

      BEIJING, May 15, 2025 /PRNewswire/ -- TCTM KIDS IT EDUCATION INC. (NASDAQ:VSA) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission ("SEC") on May 15, 2025 Eastern Time. The annual report can be accessed on the Company's investor relations website at tctm.cn or the SEC's website at www.sec.gov. The Company will provide hard copies of its annual report, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to the Company's Investor Relations Department

      5/15/25 6:00:00 AM ET
      $TCTM
      $VSA
      Other Consumer Services
      Real Estate
    • TCTM Announces US$2.0 million Private Placement of Class A Ordinary Shares

      BEIJING, April 7, 2025 /PRNewswire/ -- TCTM Kids IT Education Inc. (NASDAQ:TCTM) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into share purchase agreements with certain investors on April 1, 2025. Under the share purchase agreements, the Company agrees to sell and issue an aggregate of 25,000,000 Class A ordinary shares of the Company for a total purchase price of US$2.0 million. The per share purchase price is approximately US$0.08, which is the closing sale price of the Company's American depositary shares ("ADSs") as reported by Nasdaq on March 31, 2025. Each ADS currently represents five o

      4/7/25 5:55:00 AM ET
      $TCTM
      Other Consumer Services
      Real Estate
    • TCTM Announces Entering into An Intangible Asset Purchase Agreement

      BEIJING, April 7, 2025 /PRNewswire/ -- TCTM Kids IT Education Inc. (NASDAQ:TCTM) ("TCTM" or the "Company"), a leading provider of IT-focused supplementary STEM education services in China, today announced that it has entered into an intangible asset purchase agreement with Jeethen International Co., Limited ("Jeethen") on April 1, 2025 (the "Agreement"). Under the Agreement, the Company will acquire from Jeethen core algorithms and related software and hardware systems for brain-computer interfaces, valued at US$10.85 million. As consideration, the Company agrees to issue 135,625,000 Class A ordinary shares of the Company to Jeethen. The number of Class A ordinary shares to be issued was det

      4/7/25 5:45:00 AM ET
      $TCTM
      Other Consumer Services
      Real Estate

    $TCTM
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by TCTM Kids IT Education Inc.

      SC 13D/A - TCTM Kids IT Education Inc. (0001592560) (Subject)

      7/31/24 8:38:52 AM ET
      $TCTM
      Other Consumer Services
      Real Estate
    • SEC Form SC 13D/A filed by TCTM Kids IT Education Inc. (Amendment)

      SC 13D/A - TCTM Kids IT Education Inc. (0001592560) (Subject)

      4/24/24 4:06:12 PM ET
      $TCTM
      Other Consumer Services
      Real Estate
    • SEC Form SC 13D/A filed by Tarena International Inc. (Amendment)

      SC 13D/A - TCTM Kids IT Education Inc. (0001592560) (Subject)

      2/26/24 4:05:11 PM ET
      $TCTM
      Other Consumer Services
      Real Estate