0001213900-18-014064.txt : 20181018 0001213900-18-014064.hdr.sgml : 20181018 20181018063026 ACCESSION NUMBER: 0001213900-18-014064 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181017 ITEM INFORMATION: Termination of a Material Definitive Agreement FILED AS OF DATE: 20181018 DATE AS OF CHANGE: 20181018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: SHARING ECONOMY INTERNATIONAL INC. CENTRAL INDEX KEY: 0000819926 STANDARD INDUSTRIAL CLASSIFICATION: SPECIAL INDUSTRY MACHINERY (NO METALWORKING MACHINERY) [3550] IRS NUMBER: 900648920 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34591 FILM NUMBER: 181127540 BUSINESS ADDRESS: STREET 1: NO. 9 YANYU MIDDLE ROAD QIANZHOU VILLAGE STREET 2: HUISHAN DISTRICT, WUXI CITY CITY: JIANGSU PROVINCE, STATE: F4 ZIP: 00000 BUSINESS PHONE: (86) 51083397559 MAIL ADDRESS: STREET 1: NO. 9 YANYU MIDDLE ROAD QIANZHOU VILLAGE STREET 2: HUISHAN DISTRICT, WUXI CITY CITY: JIANGSU PROVINCE, STATE: F4 ZIP: 00000 FORMER COMPANY: FORMER CONFORMED NAME: Cleantech Solutions International, Inc., DATE OF NAME CHANGE: 20110621 FORMER COMPANY: FORMER CONFORMED NAME: China Wind Systems, Inc DATE OF NAME CHANGE: 20071221 FORMER COMPANY: FORMER CONFORMED NAME: MALEX INC DATE OF NAME CHANGE: 19920703 8-K 1 f8k101718_sharingeconomy.htm CURRENT REPORT

 

 

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   001-34591   90-0648920

(State or other jurisdiction of

incorporation or organization)

  (Commission File No.)  

(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 Termination of a Material Definitive Agreement.

 

The following previously announced proposed acquisitions have been terminated for the reasons set forth below:

 

Target   Contract   Reason for Terminating Contract
Shenzhen Xinsheng New Energy   Entered into a non-binding MOU on November 7, 2017  

After further evaluation of the business, we concluded that the likely return did not justify the cost.

         
Shanghai Hong Chuan Culture Promulgation Co., Limited   Entered into an Exclusivity Agreement on December 21, 2017   The parties could not come to an agreeable acquisition price.
         
Channel Power Touch Media & EC Adv.   Entered into an Exclusivity Agreement on January 4, 2018   Channel Power’s business was closed during negotiations.
         
Quik Ventures   Entered into an Exclusivity Agreement on January 10, 2018   The parties could not come to an agreeable acquisition price.
         
iMusicTech & EC Tech   Entered into a non-binding MOU on January 18, 2018  

After further evaluation of the business, we concluded that the likely return did not justify the cost.

         
JoGeep   Entered into an Exclusivity Agreement on January 29, 2018   Due diligence materials were not provided to our satisfaction.
         
Weiying Mtel & EC Tech   Entered into an Exclusivity Agreement on February 27, 2018   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 Sharing Economy International Inc.
     
  By: /s/ Jianhua Wu
    Jianhua Wu
    Chief Executive Officer

 

 

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