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 February 2021
Commission File Number: 001-35755
URBAN TEA, INC.
(Translation of registrant’s name
into English)
Huakun Times Plaza, Room 1118, Floor
11
No. 200, Erduan, East Xiang Fu Road
Yuhua District, Changsha, China
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 ☐
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): ☐
Note : Regulation
S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached
annual report to security holders.
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): ☐
Note: Regulation S-T Rule 101(b)(7) only
permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private
issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally
organized (the registrant’s “home country”), or under the rules of the home country exchange
on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required
to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already
been the subject of a Form 6-K submission or other Commission filing on EDGAR.
CONTENTS
Resignation of Changguang Wu
On February 17, 2021,
the Board of Directors of Urban Tea, Inc. (the “Company”), a company incorporated in the British Virgin Islands,
announced that effective on February 17, 2021, Changguang Wu resigned as a director of the Board of Directors (the “Board”)
of the Company due to his personal reason. Changguang Wu’s resignation was not a result of any disagreement with the Board
of the Company or the Company.
Appointment of Yunfei Song
Effective on February
17, 2021, the Board appointed Yunfei Song as a director of the Board. The biographical information of Yunfei Song is set forth
below.
Mr. Song, age 33, is
a director of the Enterprise Cloud Computing School of Chinese Academy of Sciences (Institute of Automation in Dongguan). He is
also a director of Research Office of Guoliang Chen Academician in Zhejiang Province, China. Prior to that, Mr. Song worked at
China Academy of Management Science and Qingdao Academy of Intelligent Industries. Mr. Song holds Master and Ph.D degrees in Computer
Intelligent Control from Macau University of Science and Technology. He is an expert in the field of artificial intelligence, cloud
computing, big data, blockchain and Internet of things.
Yunfei Song does not
have a family relationship with any director or executive officer of the Company and has not been involved in any transaction with
the Company during the past two years that would require disclosure under Item 404(a) of Regulation S-K.
Yunfei Song also entered
into a director offer letter (the “Offer Letter”) with the Company, which sets his annual compensation at $15,000
and establishes other terms and conditions governing his service to the Company. The Offer Letter is qualified in its entirety
by reference to the complete text of the Offer Letter, which is filed hereto as Exhibits 10.1.
Appointment of Chief Operating Officer
On February 17, 2021,
Fengdan Zhou was appointed as Chief Operating Officer (“COO”). The biographical information of Fengdan Zhou
is set forth below.
Ms. Zhou, age 31, served
as an operation director of Oriental Union Exploit Technology Co., Ltd. (Singapore) for its blockchain business from December 2019
to December 2020, where she was in charge of the operation of blockchain exchange and investment of bitcoin miners. Prior to that,
she worked as a product manager of Hash Capital Holding Pte. Ltd. (Hong Kong) focusing on design of blockchain wallets and derivative
financial tools based on the blockchain wallets from October 2018 to September 2019. From April 2014 to June 2018, she worked at
Shenzhen Wanwang Blockchain Technology Co., Ltd as an assistant of general manager. Ms. Zhou obtained her Bachelor’s Degree
in from Nanjing Sanjiang Academy.
Fengdan Zhou has no
family relationships with any of the executive officers or directors of the Company. There have been no transactions in the past
two years to which the Company or any of its subsidiaries was or is to be a party, in which Fengdan Zhou had, or will have, a direct
or indirect material interest.
The Company entered
into an employment agreement with Fengdan Zhou pursuant to which Fengdan Zhou shall receive an annual base salary of $30,000. The
employment agreement is qualified in its entirety by reference to the complete text of the agreement, which is filed hereto as
Exhibits 10.2.
The information in
this Report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934,
as amended, or otherwise subject to the liabilities of that Section. It shall not be deemed incorporated by reference in any filing
under the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such a filing.
Exhibits
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.
Dated: February 19, 2021
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URBAN TEA, INC.
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By:
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/s/ Long Yi
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Name:
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Long Yi
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Title:
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Chief Executive Officer and Chairman
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