Company: ACBM
Filing Date: 2025-07-24
Form Type: 10-K
Source: 0001640334-25-001300
Chunk: 485

Company: ACRO BIOMEDICAL CO., LTD.
Filing Date: 2025-07-24
Form: 10-K
Item: Item 9
Chunk 485
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 on December 31, 2024.

At December 31, 2024 and 2023, we owed $124,488 and $87,696 to the minority stockholder referred to in the preceding paragraph for non-interest-bearing advances made to us or expenses paid on our behalf, respectively. These advances are due on demand.

We have imputed interest at the rate of 4% on the advances made to us or expenses paid on our behalf. Imputed interest amounted to $4,339 and $3,206, during the years ended December 31, 2024 and 2023, respectively.

As of December 31, 2024 and 2023, we had amounts due to related parties of $125,588 and $88,796, respectively.

Director Independence

We have no independent directors.

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES

The following table sets forth the fees billed by KCCW for the year ended December 31, 2024.

  Year EndedDecember 31, 2024 Audit fees $35,000 Audit-related fees  - Tax fees  - 

Audit fees consist of fees related to professional services rendered in connection with the audit and review of our financial statements for the years ended December 31, 2024 and 2023, all of was incurred in 2025.

Our policy is to pre-approve all audit and permissible non-audit services performed by the independent accountants. These services may include audit services, audit-related services, tax services and other services.

 27Table of Contents

PART IV

ITEM 15. EXHIBITS AND FINANCIAL STATEMENT SCHEDULES

EXHIBIT

Exhibit No.Description3.1Amended and Restated Articles of Incorporation of the Company.(1)3.2Bylaws of the Company. (1)4.1 Description of the Company’s Common Stock(2)10.1 Acro Biomedical Co., Ltd. 2020 Equity Incentive Plan(3)31.1Certification of Chief Executive and Financial Officer pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.32.1Section 1350 Certification of the Chief Executive Officer and Chief Financial Officer.101.INSXBRL Instance Document101.SCHXBRL Taxonomy Schema Document101.CALXBRL Taxonomy Calculation Document101.DEFXBRL Taxonomy Linkbase