Current Report Filing (8-k)
October 18 2018 - 6:31AM
Edgar (US Regulatory)
UNITED
STATES
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): October 17, 2018
SHARING
ECONOMY INTERNATIONAL INC.
(Exact
name of registrant as specified in Charter)
Nevada
|
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001-34591
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90-0648920
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(State
or other jurisdiction of
incorporation
or organization)
|
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(Commission
File No.)
|
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(IRS
Employee
Identification
No.)
|
No.
9 Yanyu Middle Road
Qianzhou
Village, Huishan District, Wuxi City
Jiangsu
Province, People’s Republic of China
(Address
of Principal Executive Offices)
(86)
51083397559
(Registrant’s
Telephone number)
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 (see General Instruction A.2. below):
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Indicate
by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act
of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. ☐
Item
1.02
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Termination
of a Material Definitive Agreement.
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The
following previously announced proposed acquisitions have been terminated for the reasons set forth below:
Target
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Contract
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Reason
for Terminating Contract
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Shenzhen
Xinsheng New Energy
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Entered
into a non-binding MOU on November 7, 2017
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After
further evaluation of the business, we concluded that the likely return did not justify the cost.
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Shanghai
Hong Chuan Culture Promulgation Co., Limited
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Entered
into an Exclusivity Agreement on December 21, 2017
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The
parties could not come to an agreeable acquisition price.
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Channel
Power Touch Media & EC Adv.
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Entered
into an Exclusivity Agreement on January 4, 2018
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Channel
Power’s business was closed during negotiations.
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Quik
Ventures
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Entered
into an Exclusivity Agreement on January 10, 2018
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The
parties could not come to an agreeable acquisition price.
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iMusicTech
& EC Tech
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Entered
into a non-binding MOU on January 18, 2018
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After
further evaluation of the business, we concluded that the likely return did not justify the cost.
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JoGeep
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Entered
into an Exclusivity Agreement on January 29, 2018
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Due
diligence materials were not provided to our satisfaction.
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Weiying
Mtel & EC Tech
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Entered
into an Exclusivity Agreement on February 27, 2018
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Target
company shareholders decided not to sell the business during negotiations.
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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.
Date:
October 18, 2018
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Sharing
Economy International Inc.
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By:
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/s/
Jianhua Wu
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Jianhua
Wu
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Chief
Executive Officer
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2
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