According to the latest filing submitted to the U.S. Securities and Exchange Commission (SEC), ABVC BioPharma, Inc. has identified significant deficiencies in its internal control over financial reporting for the fiscal year 2025.
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This disclosure has raised concerns in the market regarding the company's financial transparency and governance structure. The company stated that it is actively taking measures to strengthen its internal control mechanisms in order to improve the accuracy and reliability of its financial information.
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