Current Report Filing (8-k)
January 05 2018 - 12:39PM
Edgar (US Regulatory)
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 29, 2017
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ORANCO,
INC.
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Exact
name of registrant as specified in its charter
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Nevada
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000-28181
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87-0574491
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(State
or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS
Employer
Identification No.)
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7835
Royal Melbourne Way, Duluth, GA
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30097
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(Address
of principal executive offices)
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(Zip
Code)
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770-906-7587
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Registrant’s
telephone number, including area code
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1981
E. Murray Holladay Rd, Suite 100, Salt Lake City, Utah, 84117
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(Former
name or former address, if changed since last report)
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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:
☐
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.
☐
Item
5.01 Changes in Control of Registrant.
On
December 26, 2017, Million Success Business Limited, a British Virgin Islands corporation (the “Buyer”) entered into
a Share Purchase Agreement (the “Purchase Agreement”) with the then largest shareholder of Oranco, Inc., a Nevada
corporation (the “Company”), Mr. Claudio Gianascio, who owned 90.4% of the total outstanding shares of the Company
(the “Seller”). Pursuant to the terms of the Purchase Agreement, the Seller sold to the Buyer all of his shares of
common stock of the Company, par value $0.001 per share (the “Common Stock”), or 38,121,530 shares of the Common Stock
for $340,000 (such transaction, the “Share Purchase”). The purchase price was paid from the general working capital
of the Buyer. The Share Purchase was closed on December 29, 2017.
At
the closing of the Share Purchase, there was a change in our board and executive officers. Mr. Claudio Gianascio, sole director,
President, Treasurer and Secretary of the Company appointed Mr. Peng Yang to serve as sole director, President, Treasurer and
Secretary of the Company, with such appointment effective on January 5, 2018, being ten days from the date the Information Statement
on Schedule 14F-1 (the “Schedule 14F-1”) reporting the change in control as a result of the Share Purchase was mailed
to all the stockholders of the Company as of December 22, 2017. Mr. Gianascio resigned from all his positions with the Company
effective on January 5, 2018. Mr. Yang’s bio is incorporated by reference from the Schedule 14F-1.
Item
5.02 Departure of Directors of Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
The
information contained in Item 5.01 of this Current Report on Form 8-K is incorporated by reference herein.
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.
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Oranco,
Inc.
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Dated:
January 5, 2018
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By:
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/s/
Peng Yang
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Name:
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Peng
Yang
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Title:
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President
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