UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer |
| of Incorporation) | File Number) | Identification No.) |
Wang Wen Lung
(Address of Principal Executive Offices) (Zip Code)
+
(Registrant’s telephone number, including area code)
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 under the Exchange Act (17 CFR 240.14a-12) | |
| 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)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol (s) | Name of each exchange on which registered |
| None | None | None |
Indicate by check mark whether the registrant is an emerging growth company 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 1.01 Entry into a Material Definitive Agreement
On December 31, 2024 ANKM, Inc. (the "Company") entered into a non-binding Memorandum of Understanding (the "MOU") with a company based in Taiwan (the "Counterparty"). The MOU outlines the intention of both parties to negotiate the terms of a potential production and sales licensing arrangement related to certain supplemental products.
Key Terms of the MOU:
1. Scope of License: The MOU contemplates a potential agreement where the Counterparty would grant ANKM a non-exclusive license to manufacture and sell specific products within designated territories.
2. Duration: The initial term discussed in the MOU is for a period of two years.
3. Royalties: The parties are discussing a potential royalty structure based on net sales revenue generated from the licensed products.
4. Quality Control: The MOU emphasizes the importance of adhering to quality standards established by the Counterparty.
5. Confidentiality: Both parties agree to maintain the confidentiality of any non-public information shared during the negotiation process.
The Company intends to continue discussions with the Counterparty and will update shareholders as necessary concerning any definitive agreements that may be reached.
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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.
| ANKAM, INC. | ||
| Date: December 31, 2024 | By: | /s/ Wang Wen Lung |
|
Name: Wang Wen Lung Title: President, Secretary, Treasurer, Director, Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer) | ||
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