Current Report Filing (8-k)
April 24 2018 - 10:48AM
Edgar (US Regulatory)
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): April 24, 2018
YANGTZE
RIVER PORT AND LOGISTICS LIMITED
(Exact
name of registrant as specified in its charter)
Nevada
|
|
001-38062
|
|
27-1636887
|
(State
or other jurisdiction
of incorporation)
|
|
(Commission
File Number)
|
|
(IRS
Employer
Identification No.)
|
41
John Street, Suite 2A, New York, NY
|
|
10038
|
(Address
of principal executive offices)
|
|
(Zip
Code)
|
Registrant’s
telephone number, including area code: (646) 861-3315
(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 ☐
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
8.01 Other Events
On April 24, 2018, Yangtze
River Port and Logistics Limited (the “
Company
”) submitted a letter to the Securities and Exchange Commission
(the “
SEC
”) in response to the SEC comment letter dated April 16, 2018 and to inform the SEC that the Company
has determined at this time not to proceed with the Spin-off Transaction (as defined below) as contemplated by the Preliminary
Information Statement on Schedule 14C that the Company filed with the SEC on February 15, 2018 (the “
Information Statement
”).
As
previously disclosed in the Information Statement, the Company proposed to distribute one (1) ordinary share of Yangtze River
Blockchain Logistics Limited, the Company’s wholly-owned subsidiary, to its shareholders for every one (1) share of common
stock they owned in the Company (the “
Spin-off Transaction
”). Due to the potential costs related to the Spin-off
Transaction and the fact that the Company’s board of directors has determined that it is in the best interest of the Company
not to pursue the blockchain business, the Company has determined at this time not to proceed with the Spin-off Transaction.
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.
|
YANGTZE
RIVER PORT AND LOGISTICS LIMITED
|
|
|
|
Date: April 24, 2018
|
By:
|
/s/
Xiangyao Liu
|
|
|
Xiangyao
Liu
|
|
|
President
and Chief Executive Officer
|
2
Yangtze River Port and L... (NASDAQ:YRIV)
Historical Stock Chart
From Feb 2024 to Mar 2024
Yangtze River Port and L... (NASDAQ:YRIV)
Historical Stock Chart
From Mar 2023 to Mar 2024