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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): July 24, 2023

______________

 

SUIC Worldwide Holdings Ltd.

(Exact name of Company as specified in its charter)

______________

 

Nevada 000-53737 47-2148252

(State or other jurisdiction

 of incorporation)

(Commission

 File Number)

(IRS Employer

 Identification No.)

 

136-20 38th Ave. Unit 3G, Flushing, NY 11354

(Address of principal executive offices) (Zip Code)

 

(929) 391-2550

Company’s telephone number, including area code

 

Not Applicable

(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 Company 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 ☐

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 5.03 Amendments to Articles of Incorporation or Bylaws 

On July 3, 2023, the Board of Directors authorized the submission of a Certificate of Change/Amendment to the Nevada Secretary of State in which the Company sought to affect a reverse split of its common stock at the rate of 1 for 10 for the purpose of increasing the per share price for the Company’s stock in an effort to attract future investors who might otherwise shy away from a good company because of its low stock price.

The reverse split of SUIC Worldwide Holdings Ltd. (the “Company”) common stock at a ratio of 1 for 10, has been declared effective by FINRA with a Daily List Announcement Date of July 24, 2023, and a Market Effective Date of July 25, 2023. A “D” will be placed on the Company’s ticker symbol for 20 business days after the Market Effective Date.  After 20 business days, the symbol will revert back to the original symbol (SUIC). The Certificate of Change is attached as Exhibit 10.01.

 

 

ITEM 9.01. Financial Statements and Exhibits

 

Exhibits

 

 

No.   Exhibits
10.01   Certificate of Change for Reverse Split Submitted to Nevada on July 3, 2023

 

  

 

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.

 

 

  SUIC Worldwide Holdings Ltd.
 

 

 

 

Date: July 24, 2023  By: /s/ Esther Jou                   
    Esther Jou
Chief Executive Officer

Exhibit 10.01

 

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Document Period End Date Jul. 24, 2023
Current Fiscal Year End Date --12-31
Entity File Number 000-53737
Entity Registrant Name SUIC Worldwide Holdings Ltd.
Entity Central Index Key 0001394108
Entity Tax Identification Number 47-2148252
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 136-20 38th Ave.
Entity Address, Address Line Two Unit 3G
Entity Address, City or Town Flushing
Entity Address, State or Province NY
Entity Address, Postal Zip Code 11354
City Area Code 929
Local Phone Number 391-2550
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Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
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