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): September 27, 2017
Fortune Valley Treasures, Inc.
(Exact Name of Registrant as Specified in Charter)
| Nevada | | 000-55555 | | 32-0439333 |
(State or Other Jurisdiction
of Incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
19F, Lianhe Tower, 1069 Nanhai Ave,
Nanshan District, Shenzhen, 518000, China
(Address of Principal Executive Offices) (Zip Code)
(86) 75586961406
Registrant’s telephone number, including area code
(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:
| [ ] | 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)) |
Item 1.01: Entry into a Material Definitive Agreement.
As reported via a Form 8-K dated December 14, 2016, Fortune Valley Treasures, Inc. (FVTI) (Formerly Crypto-Services, Inc.) executed a Sale and Purchase Agreement (the Agreement”) to acquire 100% of the shares and assets of DaXingHuaShang Investment Group Limited, (“DIGL”) a company incorporated under the laws of Republic of Seychelles. Pursuant to the Agreement, Fortune Valley Treasures, Inc. has agreed to issue three hundred million shares of FVTI to DIGL to acquire 100% of the shares and assets and all rights, titles and interests in the business assets and all attendant or related assets of DIGL. However, due to unavoidable delays in issuing the above noted 300 million shares, both parties have agreed to delay the closing until November 3, 2017.
Item 9.01Financial Statements and Exhibits
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.
Dated: September 27, 2017
| Fortune Valley Treasures, Inc. | |
| | |
| /s/ Lin Yumin | |
| Lin Yumin | |
| President, Secretary, Chief Executive Officer, Director | |
