Current Report Filing (8-k)
June 18 2020 - 6:59AM
Edgar (US Regulatory)
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): June 18, 2020
NOBLE
VICI GROUP, INC.
(Exact name of small business issuer as
specified in its charter)
Delaware
|
|
000-54761
|
|
42-1772663
|
(State or other jurisdiction
of incorporation)
|
|
(Commission File Number)
|
|
(IRS Employer ID No.)
|
1 Raffles Place, #33-02
One Raffles Place Tower One
Singapore 048616
(Address of principal executive offices)
+65 6491 7998
(Issuer's Telephone Number)
Check the appropriate
box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the Company 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))
|
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
|
Trading Symbols
|
Name of each exchange on which registered
|
None
|
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 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. ☐
Noble Vici Group, Inc., a Delaware corporation
(the “Company”), makes the following disclosure pursuant to an order issued by the U.S. Securities and Exchange Commission
(the “SEC”) on March 4, 2020 (the “SEC Order”), providing conditional relief to public companies that are
unable to timely comply with their filing obligations as a result of the outbreak of the novel coronavirus (“Covid-19”).
The current outbreak of Covid-19 has posed
a significant impact on the Company’s ability to file on a timely basis its Annual Report on Form 10-K for the year ended
March 31, 2020 (the “Annual Report”), which is due to be filed on June 29, 2020 (the “Original Due Date”).
Therefore, the Company has elected to rely on the conditional filing relief provided under the SEC Order.
The preparation of the Company’s
Annual Report, including financial statements and completion of the review process, has been delayed by Government-imposed quarantines,
office closings and travel restrictions, which affect both the Company’s and its service provider’s personnel. Specifically,
the Company operates in Singapore, which has been locked down by the government due to concerns related to the spread of Covid-19.
The Company’s operations have been shut down and all of the Company’s employees in the area have been required by the
government to stay at home until further notice. The Company’s accounting personnel and service providers have been unable
to process certain of its accounting records and receipts required to complete the preparation and review of the Company’s
financial statements. Considering the lack of time for the compilation, dissemination and review of the information required to
be presented, and the importance of investors receiving materially accurate information in the Annual Report, the Company has decided
to rely on the SEC Order. The Company plans to file the Annual Report no later than August 13, 2020, or within 45 days after the
Original Due Date.
We expect the current outbreak of Covid-19
to have a material and adverse effect on the Company’s business operations. Our ability to travel or to distribute our products
have been disrupted or restricted and our facilities shut down. We expect such disruptions or delays to impact our sales and operating
results. In addition, Covid-19 has resulted in a widespread health crisis that we believe will adversely affect the economies and
financial markets of many other countries, resulting in an economic downturn that may affect demand for our products and significantly
impact our operating results.
Certain of the statements contained in
this report should be considered forward-looking statements within the meaning of the Securities Act of 1933, as amended, the Securities
Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. These forward-looking statements are
often identified by the use of forward-looking terminology such as “will,” "believes," "expects,"
“endeavor” or similar expressions, involving known and unknown risks and uncertainties. Although the Company believes
that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties,
and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which
speak only as of the date of this report. The Company's actual results could differ materially from those anticipated in these
forward-looking statements as a result of a variety of factors, including the risk factors discussed in the Company's periodic
reports that are filed with the SEC and available on the SEC's website (http://www.sec.gov). All forward-looking statements attributable
to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required
under the applicable securities laws, the Company does not assume a duty to update these forward-looking statements.
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: June 18, 2020
|
NOBLE VICI GROUP, INC.
|
|
|
|
|
|
|
By:
|
/s/ Eldee Tang
|
|
|
Name:
|
Eldee Tang
|
|
|
Title:
|
Chief Executive Officer, Interim Chief Financial Officer and Secretary
|
|
|
|
|
|
|
|
|
|
Noble Vici (CE) (USOTC:NVGI)
Historical Stock Chart
From May 2024 to Jun 2024
Noble Vici (CE) (USOTC:NVGI)
Historical Stock Chart
From Jun 2023 to Jun 2024