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): May 12, 2025

  

ARCULUS SYSTEM CO., LTD.

 (Exact Name of Registrant as Specified in Charter) 

 

Nevada

 

333-252535

 

98-1511882

(State or Other Jurisdiction

of Incorporation)

 

(Commission File Number)

 

(I.R.S. Employer

Identification No.)

   

4695 MacArthur Court 11th Floor  Newport Beach, CA 92660 

  (Address of Principal Executive Offices) (Zip Code)   

  

Tel: (949) 289-6789

 (Registrant's telephone number, including area code)

   

_____________________________________________

(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: 

 

☐    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)) 

 

 

 

   

Item 3.02 Unregistered Sales of Equity Securities.

 

On 05/12/2025, the Board of Directors of Arculus System Co., Ltd. (the “Company”) approved the issuance of approximately 20,430,950 shares of common stock at par value to non-U.S. based management teams, cofounders, technical advisors and senior employees of the Company.

 

These securities qualified for exemption under Section 4(2) of the Securities Act since the issuance of securities by us did not involve a public offering. The offering was not a “public offering” as defined in Section 4(2) due to the insubstantial number of persons involved in the deal, size of the offering, manner of the offering and number of securities offered. We did not undertake an offering in which we sold a high number of securities to a high number of investors. In addition, these shareholders had the necessary investment intent as required by Section 4(2) of the Securities Act since the purchasers agreed to and received share certificates bearing a legend stating that such securities are restricted pursuant to Rule 144 of the Securities Act. This restriction ensures that these securities would not be immediately redistributed into the market and therefore not be part of a “public offering.” Based on an analysis of the above factors, we have met the requirements to qualify for exemption under Section 4(2) of the Securities Act.

  

Item 8.01 Other Events.

 

None.

  

 

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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.

 

 ARCULUS SYSTEM CO., LTD.
    

Date: May 12, 2025

By:/s/ Yang, Jian-Meng

 

 

Yang, Jian-Meng

 
  

Chief Executive Officer 

 

  

 

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