UNITED STATES
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 September 2023
Commission File Number: 001-38799
SCIENJOY HOLDING CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Room 1118, 11th
Floor, Building 3, Wangzhou Rd. No.99, Liangzhu Street
Yuhang District, Hangzhou, Zhejiang
People’s Republic of China
(Address of principal executive office)
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 ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On September 28, 2023, Scienjoy Holding Corporation
(the “Company”) issued a press release announcing the launch of key strategic initiatives. A copy of that press release is
attached as Exhibit 99.1 to this Report of Foreign Private Issuer on Form 6-K and is incorporated by reference herein.
EXPLANATORY NOTE
This Form 6-K is hereby incorporated by reference
into the registration statement of the Company on Form S-8 (Registration Number 333-256373), to the extent not superseded by documents
or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act
of 1934, as amended.
EXHIBIT INDEX
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.
| |
Scienjoy Holding Corporation |
| |
|
|
| Date: September 28, 2023 |
By: |
/s/ Xiaowu He |
| |
Name: |
Xiaowu He |
| |
Title: |
Chief Executive Officer |
Exhibit 99.1
Scienjoy Amplifies its Metaverse Vision with
Key Strategic Initiatives in Dubai
BEIJING, Sept.28, 2023 /PRNewswire/ – Scienjoy
Holding Corporation (“Scienjoy,” or the “Company”) (NASDAQ: SJ), a leading provider of live streaming and entertainment
platforms in the Chinese market, today unveiled key advancements in its metaverse undertakings:
1. Establishment of Scienjoy Verse Tech Ltd
in DIFC
In tandem with the visionary metaverse strategy
of the government of Dubai, Scienjoy proudly establishes “Scienjoy Verse Tech Ltd” (“SVTL”) at the Dubai
International Financial Centre (DIFC). As the major shareholder, Scienjoy intends for SVTL to become the epicenter of the global metaverse
business, uniting the essence of SJ Verse with the opulence of Dubai’s premium culture and world-class lifestyle. Emphasizing its
initial endeavors on the Middle East and North Africa region, SVTL is strategically positioned to provide a non-stop elegant metaverse
lifestyle platform for people globally, subsequently taking the metaverse allure to the worldwide stage.
2. Induction of Dr. Khalifa Al Shimmari
With the vision of integrating global ambitions
with regional expertise, Scienjoy is thrilled to welcome Dr. Khalifa Al Shimmari as the Chief Strategy Officer (CSO) of SVTL. We believe
that Dr. Khalifa’s impressive track record in business strategy, leadership roles, and innovative projects in the UAE will be pivotal
for Scienjoy’s Dubai-centric metaverse aspirations. His significant local understanding and influence will be instrumental in navigating
Scienjoy to a preeminent position in the Dubai metaverse ecosystem and facilitating local support.
3. MOU with NUJOOM ALMASHREQ MEDIA L.L.C (“NUJOOM”)
In pursuit of pioneering content, Scienjoy is
pleased to announce the signing of a Memorandum of Understanding (the “MOU”) to acquire 90% shares in NUJOOM, a Dubai-based
multi-channel network (MCN) committed to discovering, nurturing, and propelling emerging content creators into the spotlight. NUJOOM is
slated for a seamless integration with BeeLive, and its prowess will be harnessed in SJ Verse’s content evolution, laying the groundwork
for the creation of next-generation metaverse lifestyle content that we believe will resonate worldwide.
Mr. Victor He, Chairman and Chief Executive Officer
of Scienjoy, reflected, “From our strategic investment in DVCC TECHNOLOGY L.L.C to the establishment of SVTL in the heart of Dubai,
our journey signifies a deep commitment to intertwining global vision with regional nuances. By onboarding Mr. Khalifa, a treasured local
talent, and signing the MOU with NUJOOM, a vibrant local entity, we’re affirmatively placing our roots in the Dubai metaverse ecosystem.
We’re dedicated to crafting an immersive realm where innovation meets luxury, and I’m profoundly optimistic about the unique and transformative
experiences we’re poised to offer our users.”
About NUJOOM ALMASHREQ MEDIA L.L.C
Established
in Dubai, NUJOOM stands as a distinguished MCN committed to discovering, nurturing, and propelling
emerging content creators into the spotlight. With a primary focus on the vibrant TikTok platform, NUJOOM seamlessly
intertwines content creation with audience engagement, redefining the digital influencer landscape.
About Scienjoy Holding Corporation
Scienjoy Holdings Corporation (NASDAQ: SJ) is
a pioneering Nasdaq-listed interactive entertainment leader. Driven by the vision of shaping a metaverse lifestyle, Scienjoy leverages
AI-powered technology to create immersive experiences that resonate with global audiences, fostering meaningful connections and redefining
entertainment. For more information, please visit http://ir.scienjoy.com/.
Forward Looking Statements
This press release may contain forward-looking
statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. Such forward-looking statements are characterized by future or conditional verbs such as “may,” “will,”
“expect,” “intend,” “anticipate,” “believe,” “estimate” and “continue” or
similar words. You should read statements that contain these words carefully because they discuss future expectations and plans, which
contain projections of future results of operations or financial condition or state other forward-looking information.
Forward-looking statements are predictions, projections
and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks
and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press
release, including but not limited to the risk factors contained in the Company’s filings with the Securities and Exchange Commission,
which are available for review at www.sec.gov. Forward-looking statements speak only as of the date they are made. New risks and uncertainties
arise over time, and it is not possible for the Company to predict those events or how they may affect the Company. If a change to the
events and circumstances reflected in the Company’s forward-looking statements occurs, the Company’s business, financial condition and
operating results may vary materially from those expressed in the Company’s forward-looking statements.
Readers are cautioned not to put undue reliance
on forward-looking statements, and the Company assumes no obligation and does not intend to update or revise these forward-looking statements,
whether as a result of new information, future events or otherwise.
Investor Relations Contacts
Denny Tang
Chief Financial Officer
Scienjoy Holding Corporation
+86-10-64428188
ir@scienjoy.com
Tina Xiao
Ascent Investor Relations
+1-646-932-7242
investors@ascent-ir.com
Scienjoy (NASDAQ:SJ)
Historical Stock Chart
From Apr 2024 to May 2024
Scienjoy (NASDAQ:SJ)
Historical Stock Chart
From May 2023 to May 2024
