Current Report Filing (8-k)
June 15 2020 - 6:20AM
Edgar (US Regulatory)
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date
of Report (Date of earliest event reported): June 4, 2020
ARION
GROUP CORP.
(Exact name of registrant as specified in its charter)
Nevada
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333-216895
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35-2577375
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(State
or Other jurisdiction
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(Commission
File Number)
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(IRS
Employer
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of
Incorporation)
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Identification
Number)
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16839
Gale Avenue #210
City of Industry, California 91748
(888) 991-6839
(Address, including zip code, and telephone number, including area code,
of registrant’s principal executive offices)
Not
Applicable
(Former name or former address, if changed since last report.)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions:
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☐
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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This
disclosure relates to Arion Group Corp. (the “Company”) –
Indicate
by check mark whether the Registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17
CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☐
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Securities
registered pursuant to Section 12(b) of the Act:
Title of Each Class
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Trading Symbol(s)
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Name of Each Exchange on Which Registered
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Common Stock, $.001 par value
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ARGC
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OTC Markets
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Item
8.01 Other Information - Extension of Time to File the Company’s 2020 - 10Q Quarterly Report for the period ended April
30, 2020 Pursuant to SECURITIES AND EXCHANGE COMMISSION [Release No. 34-88465 / March 25, 2020] ORDER UNDER SECTION 36 OF THE
SECURITIES EXCHANGE ACT OF 1934 MODIFYING EXEMPTIONS FROM THE REPORTING AND PROXY DELIVERY REQUIREMENTS FOR PUBLIC COMPANIES as
RELIEF PROVIDED TO Registrants or other persons impacted by COVID-19 from March 1, 2020 to July 1, 2020.
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1)
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The
Company is relying on the Order (Release No. 34-88465) for the extension of up to 45
days after the required filing date of June 15, 2020;
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2)
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The
Company is not in a position to file its Quarterly Report on Form 10-Q for the period
ended April 30, 2020 (the “Form 10-Q”) in a timely manner (by the June 15,
2020 due date) without compromising the health and safety of key personnel involved in
its completion because of the recent Coronavirus (COVID – 19) isolation from quarantines
and related risks;
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3)
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Although
the Company is relying on, and may ultimately require the full 45 days of relief, which
may be necessary if the COVID- 19 Pandemic continues to impose additional burdens and
delays on key personnel, it is anticipated that the Form 10-Q Quarterly Report, along
with the audited financial statements and related accounting review, will be filed on
or before July 30, 2020;
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4)
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At
present, the Company is unaware of any specific risk factor or the impact of COVID-19
on its business, although no guarantee can be made of any future negative effect that
may occur;
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5)
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In
light of recent developments relating to the Coronavirus, the Company will be supplementing
the risk factors in its Quarterly Report on Form 10-Q to be filed with the Securities
and Exchange Commission and, as previously stated herein, it is expected to be filed
on or before July 30, 2020 with the following risk factor:
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The
scale and scope of the recent Coronavirus (COVID-19) outbreak and resulting pandemic is unknown and, due to this and other factors,
it has the potential to result in an adverse impact on our business at least for the near term.
As
the U.S. faces the novel Coronavirus Pandemic, the Company is following the recommendations of government and health authorities
to minimize exposure risk for its employees and professionals. The Company will closely monitor this global health crisis and
reassess its strategy and operational structure on a regular ongoing basis as the situation evolves. The rapid spread of the Coronavirus
globally has also resulted in increased travel restrictions, disruption and shutdown of certain businesses in the U.S. We may
experience impacts from changes in behavior related to pandemic fears, quarantines and market downturns, as well as impacts on
our current goals if the virus becomes widespread in any of our areas of business. In addition, one or more of our professionals
or service providers may experience financial distress, file for bankruptcy protection, go out of business, or suffer disruptions
in their business due to the coronavirus outbreak. The global scale and scope of the coronavirus is unknown and the duration of
the business disruption and related financial impact cannot be reasonably estimated at this time. The extent to which the coronavirus
impacts the Company’s results will ultimately depend on future developments, and potentially the courts, which are highly
uncertain and will include the duration of the downturn, emerging information concerning the severity of the coronavirus and the
actions taken by governments and private businesses to attempt to contain the coronavirus. In summary, the Company considers at
least a near term possibility that the coronavirus currently has the potential to result in an adverse impact on our business,
results of operations and financial condition.
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 hereunto duly authorized.
June
4, 2020
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Arion
Group Corp.
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By:
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/s/
Mingyong Huang
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Mingyong
Huang, CEO/President
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2
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