{"url_path":"/sec/agtx/10-k/2026/item-9a","section_key":"item-9a","section_title":"Item 9A ** **Controls and Procedures.**","topic":"sec","document":{"doc_type":"10-K","doc_date":"2026-07-01","source_url":"https://www.sec.gov/Archives/edgar/data/1603345/0001477932-26-004133-index.html","accession_number":"0001477932-26-004133","cik":"0001603345","ticker":"AGTX","issuer_name":"Agentix Corp.","edgar_url":"https://www.sec.gov/Archives/edgar/data/1603345/0001477932-26-004133-index.html","primary_entity_key":"0001603345","primary_entity_name":"Agentix Corp."},"word_count":749,"has_tables":true,"body_markdown":"**Item 9A.** **Controls and Procedures.**\n\n \n\n**Disclosure Controls and Procedures**\n\n \n\nUnder the supervision and with the participation of our management, including our principal executive officer and our principal financial officer, we are responsible for conducting an evaluation of the effectiveness of the design and operation of our internal controls and procedures, as defined in Rules 13a-15(e) and 15d-15(e) under the Securities Exchange Act of 1934, as of the end of the fiscal year covered by this report. Disclosure controls and procedures means that the material information required to be included in our Securities and Exchange Commission (“SEC”) reports is recorded, processed, summarized and reported within the time periods specified in SEC rules and forms relating to our company, including any consolidating subsidiaries, and was made known to us by others within those entities, particularly during the period when this report was being prepared. Based on this evaluation, our principal executive officer and principal financial officer concluded as of the evaluation date that our disclosure controls and procedures were not effective as of March 31, 2026.\n\n \n\n \n\n16\n\n*Table of Contents*\n\n \n\n**Management’s Annual Report On Internal Control Over Financial Reporting**\n\n \n\nAs of March 31, 2026, management assessed the effectiveness of our internal control over financial reporting. The Company’s management is responsible for establishing and maintaining adequate internal control over financial reporting for the Company. Internal control over financial reporting is defined in Rule 13a-15(f) or 15d-15(f) promulgated under the Securities Exchange Act of 1934, as amended, as a process designed by, or under the supervision of, the Company’s Chief Executive Officer and effected by the Company’s Board of Directors, management and other personnel, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with GAAP in the United States of America and includes those policies and procedures that:\n\n \n\n·\n\nPertain to the maintenance of records that in reasonable detail accurately and fairly reflect our transactions and dispositions of our assets;\n\n \n\n \n\n·\n\nProvide reasonable assurance our transactions are recorded as necessary to permit preparation of our financial statements in accordance with GAAP, and that receipts and expenditures are being made only in accordance with authorizations of our management and directors; and\n\n \n\n \n\n·\n\nProvide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statement.\n\n \n\nIn evaluating the effectiveness of our internal control over financial reporting, our management used the criteria set forth by the 2013 version of Committee of Sponsoring Organizations of the Treadway Commission (“COSO”) in Internal Control – Integrated Framework. Based on that evaluation, completed only by Rehan Huda, our Chief Executive Officer, and a director, who also serves as our principal financial officer and principal accounting officer, Mr. Huda concluded that, during the period covered by this report, such internal controls and procedures were not effective to detect the inappropriate application of US GAAP rules as more fully described below.\n\n \n\nThis was due to deficiencies that existed in the design or operation of our internal controls over financial reporting that adversely affected our internal controls and that were considered to be material weaknesses. The matters involving internal controls and procedures that our management considered to be material weaknesses under the standards of the Public Company Accounting Oversight Board were: (i) lack of a functioning audit committee due to a lack of a majority of independent members and a lack of a majority of outside directors on our board of directors, resulting in ineffective oversight in the establishment and monitoring of required internal controls and procedures; (ii) inadequate segregation of duties consistent with control objectives; and (iii) ineffective controls over period end financial disclosure and reporting processes. The aforementioned material weaknesses were identified by Mr. Rehan Huda in connection with the review of our financial statements as of March 31, 2026.\n\n \n\nManagement believes that the lack of a functioning audit committee and the lack of a majority of outside directors on our board of directors results in ineffective oversight in the establishment and monitoring of required internal controls and procedures, which could result in a material misstatement in our financial statements in future periods.\n\n \n\n**Changes In Internal Control Over Financial Reporting**\n\n \n\nThere were no changes in the Company’s internal control over financial reporting that occurred during the fourth quarter of the year ended March 31, 2026 that have materially affected, or that are reasonably likely to materially affect, the Company’s internal control over financial reporting."}