Form 8-K - Current report
July 10 2023 - 2:20PM
Edgar (US Regulatory)
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2023-06-21
2023-06-21
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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):
June 21, 2023
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) |
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Name of each exchange on which registered |
N/A |
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N/A |
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N/A |
Item 5.02 Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On June 21, 2023, Jiang
Hui resigned from his position as the member of the Board of Directors (“Board”) of Wave Sync Corp. (the “Company”)
and the chief executive officer of the Company, effective immediately. Mr. Hui resigned due to his personal reasons and his resignation
is not the result of any disagreement with the Company, the Board, or management, or any matter relating to the Company’s operations,
policies or practices.
On July 10, 2023, the
Board appointed Mr. Hon Man Yun as the chief executive officer of the Company to fill in the vacancy created by Mr. Hui’s resignation.
Mr. Yun has been chief financial officer and director of the Company since February 2021. He has served in several financing and accounting
positions at different private and publicly traded companies. Mr. Yun has worked as the Chief Financial Officer of Kiwa Bio-tech Products
Group Corporate since a 2018 and served as the CFO and a director at Hudson Capital Inc. since August 2020 until February 2022. Mr. Yun
served as a joint company secretary, as a group vice president, the chief accountant and compliance and internal audit officer for Kaisun
Energy Group Limited, from May 2017 to August 2020. Mr. Yun was an associate at China Merchants Securities (Hong Kong) Co., Limited from
December 2014 to May 2017 and financial controller at E Lighting Group Limited from March 2013 to September 2014. Mr. Yun earned a higher
diploma in Business Studies from the City University of Hong Kong, formerly City Polytechnic of Hong Kong, and a Master of Business Administration
from the University of Western Sydney.
There are no arrangements
or understandings between the Company and the newly appointed executive officer or director and any other person or persons pursuant to
which each executive officer or director was appointed and there is no family relationship between or among any director or executive
officer of the Company or any person nominated or chosen by the Company to become a director or executive officer.
There are no transactions
between the Company and any newly appointed executive officer or director that are reportable pursuant to Item 404(a) of Regulation SK.
The Company did not enter into or materially amend any material plan, contract or arrangement with any newly appointed executive officer
or director in connection with his or her appointment as a director or executive officer.
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.
July 10, 2023 |
WAVE SYNC CORP. |
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|
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By: |
/s/ Hon Man Yun |
|
Name: |
Hon Man Yun |
|
Title: |
Chief Executive Officer |
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