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): November 16, 2020
DATASEA INC.
(Exact name of registrant as specified in its charter)
| Nevada | | 001-38767 | | 45-2019013 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
20th Floor, Tower B, Guorui Plaza
1 Ronghua South Road, Technological Development Zone
Beijing, People’s Republic of China 100176
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: +86 10-56145240
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 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)) |
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 Stock, $0.001 par value | | DTSS | | The NASDAQ Stock Market LLC |
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 5.07 | Submission of Matters to a Vote of Security Holders. |
On November 16, 2020, the Company held its 2020 Annual Meeting of Stockholders (the “Annual Meeting”). As of October 7, 2020 the Record Date, there were 20,943,846 shares of common stock issued and outstanding and entitled to vote on the proposals presented at the Annual Meeting, of which 16,344,869 shares, or 78.04%, were present in person or represented by proxy, which constituted a quorum. The holders of shares of our common stock are entitled to one vote for each share held. Set forth below are the final voting results for each of the proposals submitted to a vote of the Company’s stockholders at the Annual Meeting.
Proposal 1 - To elect Zhixin Liu, Fu Liu, Ling Wang, Douglas M. Osrow and Michael James Antonoplos, each to serve until the next annual meeting of shareholders or until their respective successors shall have been elected and qualified.
| | | Votes For | | | Votes Withheld | |
| Zhixin Liu | | | 16,344,869 | | | | 0 | |
| Fu Liu | | | 16,344,869 | | | | 0 | |
| Ling Wang | | | 16,344,869 | | | | 0 | |
| Douglas M. Osrow | | | 16,344,869 | | | | 0 | |
| Michael James Antonoplos | | | 16,344,869 | | | | 0 | |
Proposal 2 - To ratify the appointment of Morison Cogen LLP as our independent registered public accounting firm for the fiscal year ending June 30, 2020.
| Votes For | | | Votes Against | | | Abstain | |
| | 16,344,869 | | | | 0 | | | | 0 | |
Proposal 3 - To approve, on an advisory basis, the compensation of the Company’s named executive officers as disclosed in this proxy statement.
| Votes For | | | Votes Against | | | Abstain | |
| | 16,344,869 | | | | 0 | | | | 0 | |
Proposal 4 - To recommend by a non-binding advisory vote the frequency of future non-binding advisory votes on the compensation of the Company’s named executive officers.
| 3 years | | | 2 years | | | 1 year | | | Abstain | |
| | 16,344,869 | | | | 0 | | | | 0 | | | | 0 | |
SIGNATURE
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: November 17, 2020
| | DATASEA INC. |
| | | |
| | By: | /s/ Zhixin Liu |
| | | Name: | Zhixin Liu |
| | | Title: | Chief Executive Officer |
2
