Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
April 05 2023 - 4:07PM
Edgar (US Regulatory)
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 April 2023
Commission File Number: 001-39339
HITEK GLOBAL INC.
Unit 304, No. 30 Guanri Road, Siming District,
Xiamen City, Fujian Province, People’s
Republic of China
+86 592-5395967
(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 ☐
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
On March 31, 2023, Hitek Global Inc. (the “Company”)
entered into an underwriting agreement (the “Underwriting Agreement”) with Pacific Century Securities, LLC and R.F.
Lafferty & Co., Inc., as the representatives (the “Representatives”) of the underwriters named on Schedule A thereto,
relating to the Company’s initial public offering (the “IPO”) of 3,680,000 ordinary shares, par value $0.0001
per share (the “Ordinary Shares”), including 480,000 Ordinary Shares issuable upon the full exercise of the underwriters’
over-allotment option.
On April 4, 2023, the Company closed the IPO.
The Company completed the IPO pursuant to its post-effective amendment to the registration statement on Form F-1 (File No. 333-228498),
which was initially filed with the Securities and Exchange Commission (the “SEC”) on November 20, 2018, as amended,
and declared effective by the SEC on March 30, 2023. The Ordinary Shares were priced at $5.00 per
share, and the offering was conducted on a firm commitment basis. The Ordinary Shares were approved for listing on The Nasdaq Capital
Market and commenced trading under the ticker symbol “HKIT” on March 31, 2022.
In connection with the IPO, the Company issued
a press release on March 31, 2023 announcing the pricing of the IPO and a press release on April 4, 2023 announcing the closing of the
IPO, respectively.
The Underwriting Agreement is attached hereto
as Exhibit 10.1 and is incorporated by reference herein. The foregoing summary of the terms of the Underwriting Agreement is subject to,
and qualified in its entirety by, such document.
This report does not constitute an offer to sell,
or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer,
solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.
EXHIBIT INDEX
SIGNATURES
Pursuant to the requirements of the Securities
and 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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HITEK GLOBAL INC. |
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Date: April 5, 2023 |
By: |
/s/ Xiaoyang Huang |
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Xiaoyang Huang |
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Chief Executive Officer |
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