Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
July 24 2023 - 4:01PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934
For
the month of July 2023
Commission
File Number 001-40301
Infobird
Co., Ltd
(Translation
of registrant’s name into English)
Unit
532A, 5/F, Core Building 2
No.
1 Science Park West Avenue
Hong
Kong Science Park, Tai Po, N.T., Hong Kong
(Address
of principal executive office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F ☒
Form 40-F ☐
INFORMATION
CONTAINED IN THIS FORM 6-K REPORT
On July 19, 2023, Infobird Co., Ltd issued
a press release announcing relocation of its principal executive offices to Hong Kong, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
SIGNATURES
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, thereunto duly authorized.
Date: July 24, 2023
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INFOBIRD CO., LTD |
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By: |
/s/ Yiting Song |
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Name: Yiting Song |
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Title: Director and Chief Financial Officer |
EXHIBIT 99.1
Infobird to Expand Global Presence with Relocation of Operations to
Hong Kong
BEIJING, July 19, 2023 /PRNewswire/
-- Infobird Co., Ltd (Nasdaq: IFBD) (“Infobird” or the “Company”), a software-as-a-service provider of AI-powered
customer engagement solutions in China, today announced its decision to relocate its operations from Beijing to the Hong
Kong Special Administrative Region. This strategic move comes in response to the board of directors’ judgement of current business
situation and economic environment, as well as the Company’s commitment to expand globally.
Infobird will relocate its operations to Hong
Kong and recruit more local employees in the region. Additionally, Infobird plans to proactively expand its presence in the global
market and cater to the diverse needs of customers worldwide by establishing new offices in other key locations such as Singapore,
other parts of Southeast Asia, and Europe. The relocation represents a significant step of the Company towards becoming
a global player in the software-as-a-service (“SaaS”) industry.
As part of its growth strategy, the Company will
expand its business to focus on the SaaS segmented scenarios, particularly in the fields of finance, real estate and hotel management.
By shifting its focus to high-margin market segments, Infobird aims to enhance its competitive advantage and generate positive cash flow.
Mr. Cheuk Yee Li, CEO of Infobird, commented,
“Our relocation to Hong Kong marks a significant milestone for Infobird as we embark on an exciting journey towards global
expansion. We are confident that this strategic move will enable us to better serve our international clientele and pave the way for innovations.”
In line with its global expansion plans, Infobird
plans to actively seek strategic investments to fuel its growth and innovation and establish global research and development centers to
drive continuous advancements in its technology and product offerings.
About Infobird Co., Ltd
Infobird, headquartered in Hong Kong, is
a SaaS provider of AI-powered customer engagement solutions. For more information, visit Infobird’s website at www.Infobird.com.
Forward-Looking Statements
This press release contains certain forward-looking
statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans”, “will,”
“future,” “expects,” “believes,” and “intends,” or similar expressions, are intended to
identify forward-looking statements. Statements that are not historical facts, including statements about the Company’s beliefs
and expectations, are forward-looking statements. All forward-looking statements are inherently uncertain as they are based on current
expectations and assumptions concerning future events, results, conditions or performance of the Company. Readers are cautioned not to
place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date they are made. In evaluating
such statements, investors and prospective investors should review carefully various risks and uncertainties and other matters identified
in the Company’s filings with the U.S. Securities and Exchange Commission. These risks and uncertainties could cause the Company’s
actual results to differ materially from those indicated in the forward-looking statements. The Company undertakes no obligation to publicly
update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be
required by law.
SOURCE Infobird Co., Ltd
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