Universal Token, Inc. Appoints CNGSN & Associates LLP as New Independent Auditor

Universal Token, Inc. filed a Form 8-K on December 19, 2025, reporting a change in its certifying accountant. The company's Board of Directors conducted a competitive selection process and approved the appointment of CNGSN & Associates LLP as the new independent registered public accounting firm for the fiscal year ending December 31, 2025, effective December 19, 2025. The company dismissed its previous auditor, M.S. Mahava Rao (RAO). The reports from RAO on the company's financial statements for the fiscal years ended December 31, 2024, did not contain adverse opinions or disclaimers of opinion but were qualified regarding the company's ability to continue as a going concern. There were no disagreements with RAO on accounting principles, financial statement disclosure, or auditing scope, and no reportable events occurred during the relevant periods. The company provided RAO with the disclosures and attached RAO's concurrence letter as Exhibit 16.1.