Form 8-K - Current report
December 27 2023 - 8:00AM
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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):
December 20, 2023
Near
Intelligence, Inc.
(Exact name of registrant as specified in its
charter)
Delaware |
|
001-39843 |
|
85-3187857 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer
Identification No.) |
100 W Walnut St., Suite A-4
Pasadena, California |
|
91124 |
(Address of principal
executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including
area code: (628) 889-7680
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 (see General Instruction A.2.
below):
| ☐ | Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading symbol(s)(1) |
|
Name of each exchange on which registered |
Common Stock par Value $0.0001 per Share |
|
NIRLQ |
|
N/A |
Warrants, each exercisable for one share of Common Stock for $11.50 per share |
|
NIRWQ |
|
N/A |
| (1) | On December
19, 2023, our common stock and warrants were suspended from trading on the Nasdaq Global Market and the Nasdaq Capital Market, respectively.
On December 19, 2023, our common stock and warrants began trading on the OTC Pink Marketplace maintained by the OTC Markets Group, Inc.
under the symbol “NIRLQ” and “NIRWQ”, respectively. |
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 Exchange Act (§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
Item 4.01 Change in Registrants Certifying Accountant.
On December 20, 2023 (the “Resignation
Date”), Near Intelligence, Inc. (the “Company”) received notice from UHY LLP (the “Former Auditor”) that
it resigned as the Company’s independent registered public accounting firm effective as of the Resignation Date.
During the years ended December 31, 2022 and 2021
and the subsequent interim periods through the Resignation Date, there were no (i) disagreements between the Company and the Former Auditor
on any matter of accounting principles or practices, financial statement disclosure or auditing scope or procedure, which disagreements,
if not resolved to the Former Auditor’s satisfaction, would have caused the Former Auditor to make reference thereto in their reports
on the Company’s financial statements for such periods or (ii) “reportable events,” as described in Item 3.04(a)(1)(v)
of Regulation S-K promulgated under the Securities Exchange Act of 1934.
The reports of the Former Auditor on the Company’s
financial statements for the years ended December 31, 2022 and 2021 did not contain any adverse opinion or disclaimer of opinion, and
such reports were not qualified or modified as to uncertainty, audit scope, or accounting principle.
The Company provided a copy of this disclosure
to the Former Auditor and has requested that the Former Auditor furnish the Company with a letter addressed to the Securities and Exchange
Commission stating whether it agrees with the above statements. A copy of this letter is attached as Exhibit 16.1 hereto.
Cautionary Statements Regarding Trading in the Company’s Securities.
The
Company’s securityholders are cautioned that trading in the Company’s securities during the pendency of its bankruptcy cases
is highly speculative and poses substantial risks. Trading prices for the Company’s securities may bear little or no relationship
to the actual recovery, if any, by holders thereof in the cases. The Company currently does not expect that holders of the Company’s
common stock or other equity securities will receive any payment or other distribution on account of those securities in the cases given
the expected sales proceeds (which is currently under the Asset Purchase Agreement consists of a credit bid) and the amount of the Debtors’
liabilities to more senior creditors. Accordingly, the Company urges extreme caution with respect to existing and future investments in
its securities.
Item 9.01 Financial Statements
and Exhibits.
(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.
Date: December 27, 2023 |
By: |
/s/ John Faieta |
|
|
John Faieta |
|
|
Chief Financial Officer |
2
Exhibit 16.1
|
UHY LLP |
|
1185 Avenue of the Americas, 38th Floor
New York, NY 10036 |
|
|
|
|
Main |
212-381-4700 |
|
Fax |
212-381-4811 |
|
Web |
www.uhy-us.com |
December 27, 2023
Securities and Exchange Commission
100 F Street NE
Washington, DC 20549
Ladies and Gentlemen:
We have read Item 4.01 of Form 8-K dated
December 27, 2023, of Near Intelligence, Inc. and are in agreement with the statements in the paragraphs within that Item as they relate
to our firm. We have no basis to agree or disagree with other statements of the registrant contained therein.
Sincerely,
UHY LLP
A member of UHY International, a network of independent accounting
and consulting firms
v3.23.4
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Dec. 20, 2023 |
Document Type |
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Document Period End Date |
Dec. 20, 2023
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Entity File Number |
001-39843
|
Entity Registrant Name |
Near
Intelligence, Inc.
|
Entity Central Index Key |
0001826671
|
Entity Tax Identification Number |
85-3187857
|
Entity Incorporation, State or Country Code |
DE
|
Entity Address, Address Line One |
100 W Walnut St.
|
Entity Address, Address Line Two |
Suite A-4
|
Entity Address, City or Town |
Pasadena
|
Entity Address, State or Province |
CA
|
Entity Address, Postal Zip Code |
91124
|
City Area Code |
628
|
Local Phone Number |
889-7680
|
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Pre-commencement Tender Offer |
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Elected Not To Use the Extended Transition Period |
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|
Common Stock par Value $0.0001 per Share |
|
Title of 12(b) Security |
Common Stock par Value $0.0001 per Share
|
Trading Symbol |
NIRLQ
|
Security Exchange Name |
NONE
|
Warrants, each exercisable for one share of Common Stock for $11.50 per share |
|
Title of 12(b) Security |
Warrants, each exercisable for one share of Common Stock for $11.50 per share
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Trading Symbol |
NIRWQ
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Security Exchange Name |
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