Current Report Filing (8-k)
September 10 2020 - 8:30AM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): August 30, 2020
DATASEA
INC.
(Exact
name of registrant as specified in its charter)
Nevada
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001-38767
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45-2019013
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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20th
Floor, Tower B, Guorui Plaza
1
Ronghua South Road, Technological Development Zone
Beijing,
People’s Republic of China 100176
(Address
of principal executive offices, including zip code)
Registrant’s
telephone number, including area code: +86 10-56145240
Not
Applicable
(Former
name or former address, if changed since last report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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☐
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Written communications pursuant to Rule 425
under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12
under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to
Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to
Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class
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Trading
Symbol(s)
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Name
of each exchange on which registered
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Common Stock,
$0.001 par value
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DTSS
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The NASDAQ Stock
Market LLC
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☒
During
the period from August 30 to September 4, 2020, Datasea, Inc. entered into six Service Agreements involving its Smart Information
Service System (the “Smart System”) with Shenzhen Linghang Haocheng Education Technology Co., an education training
company, Shenzhen Weisou Technology Co., an application operator, and four gas stations in Shenzen and Shanwei, Guangdong province.
The Smart System is designed to service the needs of retail industry vendors and utilizes big data analytics and facial recognition
technology. The system allows retailers to employ facial recognition technology to charge customers to be used at the point of
sale. The Company will install hardware equipment for the clients, perform regular maintenance, and provide the Smart System in
exchange for 0.38% of transaction value of each transaction utilizing the Company’s technology. The term of each of the
service agreement is one year.
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Item
9.01
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Financial
Statements and Exhibits.
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(d)
Exhibits.
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 hereunto duly authorized.
Dated:
September 10, 2020
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DATASEA INC.
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By:
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/s/
Zhixin Liu
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Name:
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Zhixin Liu
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Title:
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Chief Executive Officer
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2
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