|Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 6, 2020
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction |
Jinshan Building East, Unit 1903
568 Jinshan West Road
Yong Kang City, Zhejiang Province
(Address of principal executive offices, including zip code)
Registrant’s telephone number, including area code: (86) 13012855255
(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:
of each class
Name of each exchange
on which registered
|Units, each consisting of one Ordinary Share, one Right and one Warrant||FLLCU||The NASDAQ Stock Market LLC|
|Ordinary Shares, par value $0.0001 per share||FLLC||The NASDAQ Stock Market LLC|
|Rights, exchangeable into one-tenth of one Ordinary Share||FLLCR||The NASDAQ Stock Market LLC|
|Warrants, each exercisable for one-half of one Ordinary Share, each whole Ordinary Share exercisable at $11.50 per whole share||FLLCW||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 þ
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 3.01||Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.|
As previously disclosed in its Current Report on Form 8-K filed on December 18, 2019 with the Securities and Exchange Commission (the “SEC”), on December 13, 2019, Fellazo Inc. (the “Company”) received a notice (the “Notice”) from the staff (the “Staff”) of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Staff had determined to (i) deny the Company’s extension request, and (ii) delist the Company’s securities from Nasdaq for its failure to (a) timely file its Form 10-Q as required by the Rule, and (b) disclose certain information as required by Listing Rule 5250(b)(1). On December 20, 2019, the Company requested a hearing before a Nasdaq Hearings Panel (the “Panel”) to appeal the Staff’s determination, which request automatically stayed the suspension and delisting of the Company’s securities through January 6, 2020. The hearing request was granted on December 24, 2019.
On January 6, 2020, the Panel granted the Company’s request to extend the automatic 15-day stay of suspension from Nasdaq, pending the hearing scheduled for February 6, 2020 and a final determination regarding the Company’s listing status.
|Item 5.02||Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.|
On January 6, 2020, Jonathan Peng Fai Chong resigned as the Chief Financial Officer of the Company. Mr. Chong’s resignation was for personal reasons and was not due to any disagreement with the Company.
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: January 8, 2020||By:||/s/ Nicholas Ting Lun Wong|
|Name: Nicholas Ting Lun Wong|
|Title: Chief Executive Officer|