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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): June 28, 2022

 

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.85 Castle Peak Road

Castle Peak Bay

Tuen Mun, N.T., Hong Kong 

(Address of Principal Executive Offices)

 

(852) 35832186

(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 ☐

 

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. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Common   SEII   OTCMarkets

 

 

 

 

 

Item 1.01 Entry into a Material Definitive Agreement

  

On June 13, 2022, Sharing Economy International Inc. (“SEII”, the “Company”), And Quantron AG (“Quantron”) Entered into a Memorandum of Understanding, whereby the two companies entered into the plan to jointly develop a joint venture company for the commercialization and distribution of the whole range of environmental zero-emission electric and hydrogen vehicles and products. Referring to the European Union proposal of effective ban for new fossil-fuel cars from 2035, the demand for environmental zero emission new energy vehicles will increase. Under the new joint venture, SEII shall be considered as a distributor for the products which will be supplied and branded by Quantron. The foregoing description of the Strategic Framework Agreement does not purport to be complete and is qualified in its entirety by reference to the complete text of the Agreement, which is incorporated herein by reference and attached hereto as exhibit 10.1.

 

Item 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.   Description
10.1   Memorandum of Understanding dated June 13, 2022 by and between Sharing Economy International Inc. And Quantron AG
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

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: June 28, 2022 Sharing Economy International Inc.
     
  By: /s/ Chan Pak Hei Jefferson
    Chan Pak Hei Jefferson
    Chief Executive Officer

 

 

2

 

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