Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
February 28 2025 - 5:15AM
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: 001-41798
SIMPPLE
LTD.
(Registrant’s
Name)
71
Ayer Rajah Crescent
#03-07
Singapore
139951
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
Other
Events
Resignation
of Chief Financial Officer and Appointment of Chief Financial Officer
On
January 15, 2025, the Board accepted the resignation of Sovik Bromha (“Mr. Bromha”) as the Chief Financial Officer (“CFO”)
of SIMPPLE LTD. (the “Company”). Mr. Bromha tendered his resignation as CFO, effective April 14, 2025, in order to pursue
other business opportunities, and his resignation was not a result of any disagreement with the Company on any matter.
On
January 21, 2025, Mr Bromha stepped down from the role of CFO, but remains in the employ of the company as Advisory Finance Officer until
his last day of April 14, 2025 as per the provisions in his employment contract.
Gary
Goh Yean Seng (“Mr. Goh”) was appointed as full-time CFO, effective January 22, 2025, to succeed Mr. Bromha.
The
biography of Mr. Goh is set forth below:
Mr.
Goh has over 15 years’ experience in the finance and accounting industry. Prior to his appointment as CFO of the Company, Mr. Goh
founded a public accounting firm in September, 2014, GYSG Group (“GYSG”), which provides professional services in audit and
assurance, accounting, tax advisory-compliance, corporate secretary services and corporate advisory services to a wide range of industries,
including technology, retail, maritime, construction and manufacturing sectors. From 2010 to 2014, Mr. Goh was an Engagement Manager
at KPMG where he performed audit works for multi-national corporations, listed companies, and government-linked companies. Mr. Goh graduated
with a Bachelor of Mechanical Engineering from the National University of Singapore in 2008 and Bachelor of Applied Accounting from Oxford
Brookes University in 2009. Mr. Goh also currently holds multiple qualifications including Chartered Valuer and Appraiser (CVA), ISCA
Financial Forensic Accounting, and Public Accountant. He is also a registered member at ISCA, ACCA, and SIATP.
Disclosure
of Conflicts of Interest
Upon
the effectiveness of Mr. Goh’s appointment, he will become the CFO of the Company on a full-time basis.
Mr.
Goh declared to the Board his potential conflict of interest (the “Conflict of Interest”) arising from being a founder of
GYSG, which has been providing general accounting services to the Company since 2022, including recording transactions in the accounts
for the Group, as well as preparing and reviewing certain schedules for external auditors. Since 2022, GYSG has not provided auditing
services for the Company or any of its subsidiaries.
On
January 20, 2025, the Board waived the Conflict of Interest pursuant to Clause III of the Company’s Code of Business Conduct and
Ethics, subject to the implementation of the measures outlined below:
1.
Approval of Transactions:
○ All
transactions and projects between GYSG and the Company will be approved by the Company’s Chairman or another designated independent
board member.
○For any business or financial transactions involving GYSG and the Company, Mr. Goh will abstain from approving
such transactions on behalf of the Company.
○ GYSG
will not provide any auditing services to the Company or its subsidiaries.
2.
Policy Communication:
The
above measures shall be communicated in writing to the Board, the executive team, and the finance department to ensure transparency and
compliance.
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, thereunto duly authorized.
|
SIMPPLE
LTD. |
|
|
|
Date:
February 28, 2025 |
By: |
/s/
Schroeder Norman |
|
Name:
|
Schroeder
Norman |
|
Title:
|
Chief
Executive Officer and Director |
SIMPPLE (NASDAQ:SPPL)
Historical Stock Chart
From Feb 2025 to Mar 2025
SIMPPLE (NASDAQ:SPPL)
Historical Stock Chart
From Mar 2024 to Mar 2025