Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
February 26 2025 - 3:05PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE
ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE
SECURITIES EXCHANGE
ACT OF 1934
For the month of February
2025
Commission File Number: 001-40543
Pop Culture Group Co.,
Ltd
Room 1207-08, No. 2488
Huandao East Road
Huli District, Xiamen
City, Fujian Province
The People’s Republic of China
(Address of principal
executive offices)
Indicate by check mark whether the registrant
files or will file annual reports under cover of Form 20-F or Form 40-F:
Form 20-F ☒ Form
40-F ☐
Closing of the Acquisition
of Xiamen Hand in Hand Network Technology Co., Ltd
On February 25, 2025, Pop
Culture Group Co., Ltd, a Cayman Islands company (the “Company”), closed the acquisition of 99% of the equity interests in
Xiamen Hand in Hand Network Technology Co., Ltd, a limited liability company incorporated in China (the “Target Company”),
pursuant to that certain Agreement for the Acquisition of Equity through the Issuance of Shares (the “Acquisition Agreement”)
dated January 1, 2025 with Mr. Ling Yang, a shareholder of the Target Company. The Company issued 2,000,000 Class A ordinary shares, par
value US$0.01 per share, of the Company with an aggregate value of $2,000,000, to Mr. Ling Yang as consideration for 99% of the equity
interests in the Target Company.
The Class A ordinary shares
were issued in reliance on Rule 902 of Regulation S promulgated under the Securities Act of 1933, as amended, and Mr. Ling Yang represented
that he was not a resident of the United States or a “U.S. person” as defined in Rule 902(k) of Regulation S and was not acquiring
the Class A ordinary shares for the account or benefit of any U.S. person.
The foregoing description
of the Acquisition Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Acquisition
Agreement, which was filed as Exhibit 10.1 to the Company’s Form 6-K dated February 5, 2025.
This Form 6-K is hereby incorporated
by reference into the registration statement on Form F-3 of the Company (File Number 333-266130),
as amended, the registration statement on Form F-3 of the Company (File Number 333-283606),
and the base prospectus and the prospectus supplement outstanding under the foregoing registration statements, to the extent not superseded
by documents or reports subsequently filed or furnished by the Company under the Securities Act of 1933, as amended, or the Securities
Exchange Act of 1934, as amended.
SIGNATURE
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, thereunto duly authorized.
|
Pop Culture Group Co., Ltd |
|
|
Date: February 26, 2025 |
By: |
/s/ Zhuoqin Huang |
|
Name: |
Zhuoqin Huang |
|
Title: |
Chief Executive Officer |
Pop Culture (NASDAQ:CPOP)
Historical Stock Chart
From Jan 2025 to Feb 2025
Pop Culture (NASDAQ:CPOP)
Historical Stock Chart
From Feb 2024 to Feb 2025