UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): February 26, 2018 (February 24, 2018)
WAVE SYNC CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-34113 | 74-2559866 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
| 11 Middlebury Blvd, Unit 3, Randolph, NJ 07869 |
| (Address of principal executive offices) |
Registrant’s telephone number, including area code: 646-952-8674
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the 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 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 o
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. o
| Item 8.01 | Other Events |
On February 24, 2018, Wave Sync Corp. (the “Company”) and Quan Tu Tong Navigation and Network Ltd. Co. (the “Target”) entered into a Memorandum of Understanding, pursuant to which the Company and Target shall in good faith negotiate the terms of a definitive agreement for the contemplated merger and keep confidential any material non-public information during such negotiation period. The Target is in the business of developing satellite-based navigation systems and networks.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| February 26, 2018 | WAVE SYNC CORP. | |
| By: | /s/ Yang Liu | |
| Name: | Yang Liu | |
| Title: | Chief Executive Officer | |
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