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EX-99.1 - EXHIBIT 99.1 - AMERICAN EDUCATION CENTER, INC.v473868_ex99-1.htm
 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): August 23, 2017 (August 22, 2017)

 

AMERICAN EDUCATION CENTER, INC.

(Exact Name of Registrant as Specified in Its Charter)

 

NEVADA   333-201029   38-3941544
(State or Other Jurisdiction of
Incorporation)
  (Commission File Number)   (IRS Employer Identification 
No.)

 

2 Wall Street, 8th Fl.

New York, NY, 10005

(Address, including zip code, of principal executive offices)

 

Registrant’s telephone number, including area code (212) 825-0437

 

 

(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 the registrant under any of the following provisions (see General Instruction A.2. below):

 

¨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))

 

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 x

 

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 8.01Other Events

 

On August 22, 2017, AEC Southern Management Co. Ltd. (“AEC Southern”), a wholly-owned subsidiary of American Education Center Inc., a Nevada corporation (“AEC” or the “Registrant”), has entered into a non-binding letter of intent to acquire 100% of the outstanding shares of Dongmin Education Investment Co. Ltd. (“Dongmin”). Dongmin is an education investment and management company that delivers customized training and consulting services for both students and corporations in China.

 

Item 9.01Financial Statements and Exhibits

 

(d)Exhibits

 

Exhibit    
Number   Exhibit Title
     
99.1   Press release dated August 23, 2017 (furnished pursuant to Item 8.01 of Form 8-K)

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  AMERICAN EDUCATION CENTER, INC.
     
Dated: August 23, 2017    
  By: /s/ Max P. Chen
  Name: Max P. Chen
  Title: President, Chairman, Chief Financial Officer and Secretary