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): February 26, 2024
First America Resources Corporation |
(Name of registrant as specified in its charter) |
Nevada |
| 333-175482 |
| 27-2563052 |
(State or other jurisdiction of incorporation or organization) |
| (SEC File No.) |
| (IRS I.D.) |
1000 East Armstrong Street Morris, IL |
| 60450 |
(Address of principal executive offices) |
| (Zip Code) |
Issuer’s telephone number: 815-941-9888
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) |
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☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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. ☐
Section 5 – Corporate Governance and Management
Item 5.06 Change to Shell Company Status
On March 28, 2023, First America Resources Corp. (the “Company”) reported that it was not a shell company based on certain corporate actions taken by management including the injection of funds and a proposed property acquisition which is no longer contemplated. On February 26, 2024, the Company decided that the prior reported change was inappropriate and would now report going forward that it is a shell company and accordingly will also file amended quarterly reports and the annual report for the year ended June 30, 2023 to reflect the Company’s shell status. The Company will continue its search for a business combination.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the date indicated.
| First America Resources Corporation | |||
| Date: February 26, 2024 | By: | /s/ Jian Li | |
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| Jian Li | |
| Chief Executive Officer and Director | |||
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