Current Report Filing (8-k)
September 06 2022 - 4:46PM
Edgar (US Regulatory)
0000860131
false
0000860131
2022-08-29
2022-08-29
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported):
August 29, 2022
WAVE SYNC CORP.
(Exact name of registrant as specified in its charter)
Delaware |
|
001-34113 |
|
74-2559866 |
(State or other jurisdiction
of incorporation) |
|
(Commission File Number) |
|
(IRS Employer
Identification No.) |
19 West 44th Street, Suite 1001, New York, NY 10036 |
(Address of principal executive offices) |
Registrant’s telephone number, including
area code: (852) 98047102
|
(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 to the registrant under any of the following provisions:
☐ | 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)) |
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
|
Trading Symbol(s) |
|
Name of each exchange on which registered |
n/a |
|
n/a |
|
n/a |
Item 1.01 Entry into a Material Definitive
Agreement.
On August 29, 2022, Wave Sync Corp. (the “Company”)
entered into a subsequent subscription agreement (the “Subscription Agreement”) in connection with its purchase of 33,624
ordinary shares of Archax Holdings Ltd. (“Archax”), a company incorporated under the laws of England and Wales, for an aggregate
purchase price of $100,000. This investment is the Company’s second equity investment in Archax after its initial purchase of Archax’s
securities in June 2021 from Hudson Capital USA Inc., which invested in Archax in September 2020.
The foregoing summary of the Subscription Agreement
is subject to and qualified in its entirety by the Subscription Agreement, a form of which is filed herein as Exhibit 10.1 to
this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
September 6, 2022 |
WAVE SYNC CORP. |
|
|
|
|
By: |
/s/ Jiang Hui |
|
Name: |
Jiang Hui |
|
Title: |
Chief Executive Officer |
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