Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
23 November 2021 - 11:29PM
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 November 2021
Commission
File Number: 001-39803
Meiwu
Technology Co. Ltd.
(Translation
of registrant’s name into English)
B401,
4th Floor Building 12, Hangcheng Street,
Hourui
No. 2 Industrial District,
Southern
Section, Zhichuang Juzhen Double Creative Park,
Bao’an
District, Shenzhen, People’s Republic of China
Telephone:
+86-755-85255139
(Address
of principal executive office)
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 ☐
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): ☐
Note:
Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report
to security holders.
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): ☐
Note:
Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that
the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated,
domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on
which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to
be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the
subject of a Form 6-K submission or other Commission filing on EDGAR.
Entry
into a Material Definitive Agreement
On
November 23, 2021, Meiwu Technology Co., Ltd. (the “Company”) entered into a Share Purchase Agreement (“SPA”)
with Boxinrui International Holdings Limited, a British Virgin Islands business company (the “Anxin BVI”), and all
the shareholders of Anxin BVI, who collectively hold 100% issued and outstanding shares of Anxin BVI (the “Sellers”). Anxin
BVI indirectly owns 100% of Beijing Anxin Jieda Logistics Co., Ltd., a company organized under the laws of the PRC (“Anxin”),
via Anxin BVI’s wholly-owned subsidiary in Hong Kong, Hong Kong Anxin Jieda Co., Limited. Anxin is a company engaging in the business
of transportation and logistics based in Beijing, China.
Pursuant
to the SPA, the Company is going to acquire 51% of the issued and outstanding shares of Anxin BVI, with the right of first refusal to
purchase the remaining issued and outstanding shares of Anxin in the next two fiscal years, subject to the terms and conditions in the
SPA. Upon the closing, the Company shall deliver to the Sellers total consideration of RMB 153 million (approximately US$23,906,250)
to be paid in ordinary shares, no par value (“Ordinary Shares”), of the Company, at a price of US$3.00 per share,
for a total of 7,968,755 Ordinary Shares (any fractional Ordinary Shares result from this issuance will be rounded up to the nearest
whole share) (“Share Consideration”) provided, however, if the audit of the Anxin’s financial statements for
the years ended December 31, 2020 and 2019 is not completed by the sixty-fifth (65th) day following the date of the SPA, the 50% of the
Share Consideration paid to each Seller shall be forfeited and returned to the Company for cancellation.
The
SPA contains customary representations and warranties of Anxin BVI and Sellers, including, among other things, (a) the good standing
of the parties under the laws of the jurisdiction under which they are organized, (b) the individual authority for each of the parties
to execute and deliver the SPA, (c) the accuracy of Axin BVI’s and its subsidiaries’ financial records, (d) the absence of
any undisclosed material adverse changes, and (e) the absence of legal proceedings that relate to the completion of the transaction contemplated
by the SPA.
The
SPA is subject to various conditions to closing, including, among other things Nasdaq approval of the listing of the Share Consideration.
The
foregoing description of the SPA does not purport to be complete and is qualified in its entirety by reference to the complete text of
the SPA, which is filed hereto as Exhibit 10.1
Financial
Statements and Exhibits.
(d)
Exhibits.
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 hereunto duly authorized.
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Meiwu Technology Co. Ltd.
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By:
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/s/ Xinliang Zhang
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Xinliang Zhang
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Chief Executive Officer
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Date:
November 23, 2021
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