Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
July 22 2022 - 08:05AM
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 July 2022
Commission
File Number: 001-41181
Yoshitsu
Co., Ltd
(Translation
of registrant’s name into English)
Harumi
Building, 2-5-9 Kotobashi,
Sumida-ku,
Tokyo, 130-0022
Japan
(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): ☐
Entry
into a Material Definitive Agreement
On
July 20, 2022, Yoshitsu Co., Ltd, a stock company incorporated
pursuant to the laws of Japan (the “Company”), entered into
a sale and purchase agreement (the “Agreement”) with All
Seas Global Limited, a company incorporated in the British Virgin
Islands (the “Seller”). Mr. Mei Kanayama, the representative
director of the Company, holds 100% of the equity interests in the
Seller. The board of directors of the Company approved the
Agreement and the underlying transactions during a special board
meeting held on June 27, 2022.
Pursuant
to the Agreement, the Seller agreed to sell, and the Company agreed
to purchase, 100% of the ownership interests in Tokyo Lifestyle
Limited, a company incorporated in Hong Kong for a consideration of
JPY392,000,000 (approximately $2,805,192). The Agreement contains
customary representations and warranties of the Company and the
Seller, customary conditions to closing, other obligations and
rights of the parties, and termination provisions.
The
foregoing description of the Agreement does not purport to be
complete and is qualified in its entirety by reference to the full
text of the Agreement, a copy of which is filed herewith as Exhibit
10.1.
On
July 22, 2022, the Company issued a press release to announce the
entry into the Agreement. The press release is furnished as Exhibit
99.1 to this Report of Foreign Private Issuer on Form
6-K.
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.
Dated:
July 22, 2022
|
Yoshitsu
Co., Ltd |
|
|
|
|
By: |
/s/
Mei Kanayama |
|
Name: |
Mei
Kanayama |
|
Title: |
Representative
Director and Director
(Principal
Executive Officer)
|
2
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