Attached files

file filename
EX-10.2 - WARRANT, DATED MAY 2, 2018 - SHARING ECONOMY INTERNATIONAL INC.f8k050218ex10-2_sharing.htm
EX-10.1 - CONVERTIBLE PROMISSORY NOTE, DATED MAY 2, 2018 - SHARING ECONOMY INTERNATIONAL INC.f8k050218ex10-1_sharing.htm

 

 

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): May 2, 2018

   

SHARING ECONOMY INTERNATIONAL INC.

(Exact name of registrant as specified in Charter)

 

Nevada   001-34591   90-0648920

(State or other jurisdiction of
incorporation or organization)

  (Commission File No.)  

(IRS Employee
Identification No.)

 

No. 9 Yanyu Middle Road

Qianzhou Village, Huishan District, Wuxi City

Jiangsu Province, People’s Republic of China

(Address of Principal Executive Offices)

 

(86) 51083397559

(Registrant’s Telephone number)

 

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(b) under the Exchange Act (17 CFR 240.14a-12(b))

☐ 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 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 3.02 Unregistered Sale of Equity Securities.

  

On May 2, 2018, Sharing Economy International Inc. (the “Company”) closed a private placement of securities with Iliad Research and Trading, L.P. (the “Investor”) pursuant to which the Investor purchased a Convertible Promissory Note (the “Note”) in the original principal amount of US$900,000, convertible into shares of common stock of the Company (the “Common Stock”), upon the terms and subject to the limitations and conditions set forth in the Note, and a Warrant to purchase shares of Common Stock (the “Warrant”). The Note and Warrant were issued pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), pursuant Section 4(a)(2) of the Securities Act and Regulation D promulgated thereunder. The foregoing descriptions of the Note and the Warrant do not purport to be complete and are qualified in their entirety by reference to the complete text of the agreements, which are incorporated herein by reference and attached hereto as Exhibits 10.1 and 10.2.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
     
10.1   Convertible Promissory Note, dated May 2, 2018
     
10.2   Warrant, dated May 2, 2018

  

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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.

 

Date: May 4, 2018 Sharing Economy International Inc.
     
  By: /s/ Jianhua Wu
    Jianhua Wu
    Chief Executive Officer

 

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