NISN NiSun International Enterprise Development Group Company Ltd

 

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 August 2023

 

Commission File Number: 001-37829

 

NISUN INTERNATIONAL ENTERPRISE

DEVELOPMENT GROUP CO., LTD

(Registrant’s name)

 

21F, 55 Loushanguan Rd

Changning District

Shanghai 200336

People’s Republic of China

(Address of principal executive offices)

 

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 ☐

 

 

 

EXPLANATORY NOTE

 

As previously reported, on May 18, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) notified Nisun International Enterprise Development Group Co., Ltd. (the “Company”) that since the Company had not yet filed its Form 20-F for the year ended December 31, 2022 (the “Form 20-F”), it no longer complied with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1) (the “Rule”). On July 18, 2023, the Company submitted a compliance plan with Nasdaq pursuant to Nasdaq’s rules. Nasdaq granted the Company an additional 180 calendar day exception period, or until November 13, 2023, to regain compliance with the Rule. The Company subsequently filed the Form 20-F on August 8, 2023.

 

On August 10, 2023, the Company received a letter from Nasdaq notifying the Company that, based on the August 8, 2023 filing of the Form 20-F, Nasdaq has determined that the Company complies with the Rule. Accordingly, the matter has been closed.

 

The Company issued a press release announcing this matter on August 11, 2023. A copy of the press release is furnished as Exhibit 99.1 to this Report on Form 6-K.

 

 

EXHIBIT INDEX

 

Exhibit		Description
99.1		Press release dated August 11, 2023

 

 

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.

 

	NISUN INTERNATIONAL ENTERPRISE DEVELOPMENT GROUP CO., LTD
Date: August 11, 2023	By:	/s/ Xiaoyun Huang
	Name:	Xiaoyun Huang
	Title:	Chief Executive Officer (Principal Executive Officer) and Duly Authorized Officer

 

 

Exhibit 99.1

 

Nisun International Regains Compliance with NASDAQ Requirement

 

SHANGHAI, August 11, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) (“Nisun” or the “Company”), a provider of innovative comprehensive solutions through an integration of technology, industry, and finance, announced today that it has received notification from The Nasdaq Stock Market LLC confirming the Company has regained compliance with the periodic filing requirement for The Nasdaq Stock Market under Listing Rule 5250(c)(1). Nasdaq noted this matter is now closed.

 

About Nisun International Enterprise Development Group Co., Ltd

 

Nisun International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com/.

 

Cautionary Note Regarding Forward-Looking Statements

 

This press release contains information about Nisun’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. Nisun encourages you to review other factors that may affect its future results in Nisun’s registration statement and in its other filings with the Securities and Exchange Commission. Nisun assumes no obligation to update or revise its forward-looking statements as a result of new information, future events or otherwise, except as expressly required by applicable law.

 

Contacts

 

Nisun International Enterprise Development Group Co., Ltd

 

Investor Relations

Tel: +86 (21) 2357-0055

Email: ir@cnisun.com

 

Ascent Investor Relations LLC

 

Tina Xiao

Tel: +1 (917) 609 0333

Email: tina.xiao@ascent-ir.com

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