Current Report Filing (8-k)
April 27 2022 - 5:37AM
Edgar (US Regulatory)
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0001617351
2022-04-27
2022-04-27
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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): April 27, 2022
MU
YAN TECHNOLOGY GROUP CO., LIMITED
(Exact
name of registrant as specified in its charter)
Nevada |
|
333-198808 |
|
47-1549749 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(IRS
Employer
Identification
No.) |
Room
1703B, Zhongzhou Building,
No.
3088, Jintian Road, Futian District
Shenzhen
City, Guangdong Province
People’s
Republic of China |
|
518000 |
(Address
of principal executive offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code +86
0755
8325-7679
Not
Applicable
(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 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(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)) |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
N/A |
|
N/A |
|
N/A |
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
8.01 Other Events
The
Board of Directors of Mu Yan Technology Group Co., Limited (“Company”) concluded that it is in the best interest of the Company
to suspend the voluntary filing of reports with the SEC under the reporting requirements of the Securities Exchange Act of 1934 (the
“Exchange Act”) by filing a Form 15 with the U. S. Securities and Exchange Commission (“SEC”). The Company anticipates
filing the Form 15 with the SEC on or about May 13, 2022.
The
Board’s decision to suspend voluntary reporting under the Exchange Act was made based upon the continuing costs and demands on
management time arising from compliance with SEC reporting requirements. Management believes that the Company is not required to continue
reporting under Section 15(d) of the Exchange Act, and its common stock is not registered under either Section 12(b) or 12(g) of the
Exchange Act.
The
Company expects that the suspension of its reporting obligations will become effective within 90 days after the Form 15 is filed with
the SEC. Upon filing of the Form 15, the Company will suspend filing certain reports under the Exchange Act, including Forms 10-K, 10-Q
and 8-K, and future reports will not be available through the SEC EDGAR system.
Following
the suspension of voluntary reporting, the Company intends to voluntarily make periodic financial and other information available to
its shareholders via its website at https://www.muyangroup.com.
The
Company expects but cannot guarantee that its common stock will continue to be quoted on the OTC Pink Market operated by OTC Markets
Group, a centralized electronic quotation service for over-the-counter securities, so long as market makers demonstrate an interest in
trading in the Company’s common stock. The Company can provide no assurance that any broker-dealer will make a market in Company’s
Common Stock, which is a requirement for quotation on the OTC Pink Market.
Forward
Looking Statements. Any statements set forth above that are not historical facts are forward-looking statements made pursuant to the
safe harbor provisions of the Private Securities Litigation Reform Act (“SLRA”) of 1995, including statements concerning
the Company’s strategies, plans, objectives, intentions, and projections. Generally, the words “believe,” “expect,”
“intend,” “estimate,” “anticipate,” “project,” “realize,” “will”
and similar expressions identify forward-looking statements, which generally are not historical in nature. Such statements are subject
to a variety of estimates, risks, and uncertainties, known and unknown, which may cause the Company’s actual results to differ
materially from those anticipated in such forward-looking statements. Potential risks and uncertainties include, but are not limited
to, such factors as the filing and effective dates of the Form 15 could differ from what is described above; brokers may not make a market
to allow for OTC Pink quotations; and other risks discussed in the Company’s filings with the Securities and Exchange Commission
(SEC), including the Company’s Annual Report on Form 10-K, which filings are available from the SEC. You should not place undue
reliance on forward-looking statements, which speak only as of the date they are made. MYTG undertakes no obligation to publicly update
or revise any forward-looking statements.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
Mu
Yan Technology Group Co., Limited |
|
|
|
|
By: |
/s/ Zhao Lixin |
|
Name:
|
Zhao
Lixin |
|
Title:
|
Chief
Executive Officer |
|
Dated: |
April
27, 2022 |
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