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): December 7, 2017

 

EMARINE GLOBAL INC.

(Exact name of registrant as specified in its charter)

 

Nevada   000-49933   95-4886472

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification Number)

 

4th Floor, 15-14, Samsan-ro 308beon-gil

Nam-gu, Ulsan, 44715 Republic of Korea

(Address of principal executive offices) (zip code)

 

+82-70-7204-9352

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Copy to:

Darrin M. Ocasio, Esq.

Sichenzia Ross Ference Kesner LLP

1185 Avenue of the Americas, 37th Fl.

New York, New York 10006

Phone: (212) 930-9700

Fax: (212) 930-9725

 

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))

 

 

 

 

 

 

Item 8.01 Other Events.

 

As previously reported by eMARINE Global Inc. (the “Company”) in its Current Report on Form 8-K filed with the Securities Exchange Commission on August 1, 2017, the Company conducted a private placement offering (the “Offering”) with select accredited investors (the “Investors”) of units (the “Units”), pursuant to which it received subscriptions for the full Offering of $2,250,000. As of the date hereof, the Company received total gross proceeds of $1,930,000 and has issued a total of 3,860,000 shares of common stock, par value $0.001 per share, and warrants to purchase up to 9,650,000 shares of common stock. It was anticipated that the Company would receive the proceeds for the remaining $320,000 of Units subscribed for on or before November 30, 2017.

 

On November 30, 2017, the funds for the remaining Units were not received.

 

On December 7, 2017, the Company notified the relevant Investors of its rejection of the remaining subscriptions and closed the Offering.

 

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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.

 

  EMARINE GLOBAL INC.
     
Dated: December 7, 2017 By: /s/ Ung Gyu Kim
  Name: Ung Gyu Kim
  Title: Chief Executive Officer

 

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