o None
Entity Type
0001491487
Takung Art Co., Ltd.
Cardigant Medical Inc.
 
x Corporation
o Limited Partnership
o Limited Liability Company
o General Partnership
o Business Trust
o Other
Name of Issuer
 Takung Art Co., Ltd
Jurisdiction of Incorporation/Organization
DELAWARE
 
Year of Incorporation/Organization
  x Over Five Years Ago
  o Within Last Five Years (Specify Year)  
  o Yet to Be Formed  



2. Principal Place of Business and Contact Information
Name of Issuer  
 Takung Art Co., Ltd  
Street Address 1 Street Address 2
 ROOM 709 TOWER 2, ADMIRALTY CENTRE  18 HARCOURT ROAD, ADMIRALTY
City State/Province/Country ZIP/Postal Code Phone No. of Issuer
 HONG KONG  HONG KONG  00000  +852 3158 0977 



3. Related Persons
Last Name First Name Middle Name
Li Kwok Leung Paul
Street Address 1 Street Address 2
Room 709 Tower 2, Admiralty Centre 18 Harcourt Road, Admiralty
City State/Province/Country ZIP/Postal Code
Hong Kong HONG KONG 00000
Relationship: x Executive Officer o Director o Promoter
Clarification of Response (if Necessary)
  Chief Executive Officer

Last Name First Name Middle Name
Ng Tracy Chui-Kam
Street Address 1 Street Address 2
Room 709 Tower 2, Admiralty Centre 18 Harcourt Road, Admiralty
City State/Province/Country ZIP/Postal Code
Hong Kong HONG KONG 00000
Relationship: x Executive Officer o Director o Promoter
Clarification of Response (if Necessary)
  Chief Financial Officer

Last Name First Name Middle Name
Zhang Xiaoyu
Street Address 1 Street Address 2
Room 709 Tower 2, Admiralty Centre 18 Harcourt Road, Admiralty
City State/Province/Country ZIP/Postal Code
Hong Kong HONG KONG 00000
Relationship: o Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
 

Last Name First Name Middle Name
Xiao Jiangping
Street Address 1 Street Address 2
Room 709 Tower 2, Admiralty Centre 18 Harcourt Road, Admiralty
City State/Province/Country ZIP/Postal Code
Hong Kong HONG KONG 00000
Relationship: o Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
 

 
Last Name First Name Middle Name
Lv Li
Street Address 1 Street Address 2
Room 709 Tower 2, Admiralty Centre 18 Harcourt Road, Admiralty
City State/Province/Country ZIP/Postal Code
Hong Kong HONG KONG 00000
Relationship: o Executive Officer x Director o Promoter
Clarification of Response (if Necessary)
 

 


4. Industry Group
o Agriculture   Health Care o Retailing
  Banking & Financial Services   o Biotechnology o Restaurants
  o Commercial Banking   o Health Insurance   Technology
  o Insurance   o Hospitals & Physicians   o Computers
  o Investing   o Pharmaceuticals   o Telecommunications
  o Investment Banking   o Other Health Care   o Other Technology
  o Pooled Investment Fund

        Travel
  o Other Banking & Financial Services o Manufacturing   o Airlines & Airports
  Real Estate   o Lodging & Conventions
  o Commercial   o Tourism & Travel Services
  o Construction   o Other Travel
  o REITS & Finance x Other
  o Residential  
  o Other Real Estate  
o Business Services  
  Energy  
  o Coal Mining  
  o Electric Utilities  
  o Energy Conservation  
  o Environmental Services  
  o Oil & Gas  
  o Other Energy  


5. Issuer Size
Revenue Range Aggregate Net Asset Value Range
o No Revenues o No Aggregate Net Asset Value
o $1 - $1,000,000 o $1 - $5,000,000
x $1,000,001 - $5,000,000 o $5,000,001 - $25,000,000
o $5,000,001 - $25,000,000 o $25,000,001 - $50,000,000
o $25,000,001 - $100,000,000 o $50,000,001 - $100,000,000
o Over $100,000,000 o Over $100,000,000
o Decline to Disclose o Decline to Disclose
o Not Applicable o Not Applicable


6. Federal Exemption(s) and Exclusion(s) Claimed (select all that apply)
o Rule 504(b)(1) (not (i), (ii) or (iii)) o Rule 505
o Rule 504 (b)(1)(i) o Rule 506(b)
o Rule 504 (b)(1)(ii) x Rule 506(c)
o Rule 504 (b)(1)(iii) o Securities Act Section 4(a)(5)
  o Investment Company Act Section 3(c)

7. Type of Filing
x New Notice Date of First Sale  2021-07-12 o First Sale Yet to Occur
o Amendment

8. Duration of Offering
Does the Issuer intend this offering to last more than one year? o Yes x No

9. Type(s) of Securities Offered (select all that apply)
o Pooled Investment Fund Interests x Equity
o Tenant-in-Common Securities o Debt
o Mineral Property Securities o Option, Warrant or Other Right to Acquire Another Security
o Security to be Acquired Upon Exercise of Option, Warrant or Other Right to Acquire Security o Other (describe)
   


10. Business Combination Transaction
Is this offering being made in connection with a business combination transaction, such as a merger, acquisition or exchange offer? o Yes x No
 
Clarification of Response (if Necessary)  
  

11. Minimum Investment
Minimum investment accepted from any outside investor $ 0 USD

12. Sales Compensation
Recipient Recipient CRD Number o None
 Maxim Group LLC  120708
(Associated) Broker or Dealer x None (Associated) Broker or Dealer CRD Number x None
     
Street Address 1 Street Address 2
 300 PARK AVE  16TH FLOOR
City State/Province/Country ZIP/Postal Code
 NEW YORK  NEW YORK  10022
State(s) of Solicitation o All States o Foreign/Non-US
 NEW JERSEY
 NEW YORK
 

 



13. Offering and Sales Amounts
Total Offering Amount $ 5000000 USD o Indefinite
Total Amount Sold $ 5000000 USD  
Total Remaining to be Sold $ 0 USD o Indefinite
 
Clarification of Response (if Necessary)
  


14. Investors
o Select if securities in the offering have been or may be sold to persons who do not qualify as accredited investors,
Number of such non-accredited investors who already have invested in the offering
 
  Regardless of whether securities in the offering have been or may be sold to persons who do not qualify as accredited investors, enter the total number of investors who already have invested in the offering: 1


15. Sales Commissions & Finders’ Fees Expenses
Provide separately the amounts of sales commissions and finders' fees expenses, if any. If the amount of an expenditure is not known, provide an estimate and check the box next to the amount.
Sales Commissions $ 375000 USD o Estimate
Finders' Fees $ 0 USD o Estimate
 
Clarification of Response (if Necessary)
 Maxim Group LLC acted as the exclusive placement agent in this offering and received a commission equal to 7.5% of the gross proceeds of the offering.


16. Use of Proceeds
Provide the amount of the gross proceeds of the offering that has been or is proposed to be used for payments to any of the persons required to be named as executive officers, directors or promoters in response to Item 3 above. If the amount is unknown, provide an estimate and check the box next to the amount.
  $ 0 USD o
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