UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported):
(Exact name of Company as specified in charter)
| (State or other jurisdiction
of incorporation) |
(Commission File No.) | (IRS Employer Identification No.) |
| (Address of Principal Executive Offices) (Zip code) |
| + |
| (Company’s Telephone number, including area code) |
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 (see General Instruction A.2. below):
| 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) | |
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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.
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||
Item 5.07 Submission of Matters to a Vote of Security Holders.
On October 18, 2022 local time (October 17, 2022 Eastern Time), Code Chain New Continent Limited (the “Company”) held a special meeting of stockholders (the “Special Meeting”) at No. 119 South Zhaojuesi Road, 2nd Floor, Room 1, Chenghua District, Chengdu, Sichuan, China. The number of shares of common stock present or represented by valid proxy at the Special Meeting was 24,152,418 shares, representing approximately 52% of the 46,109,617 shares of common stock issued and outstanding as of the record date of September 13, 2022, and therefore constituting a quorum. At the Special Meeting, the following proposal was voted on: an amendment to the Company’s articles of incorporation, as amended, to effect a reverse stock split of the outstanding shares of the Company’s common stock, at a split ratio of between 1-for-10 and 1-for-30 as determined by the Board of Directors in its sole discretion, prior to the one-year anniversary of this Special Meeting (the “Reverse Stock Split Proposal”).
| FOR | AGAINST | ABSTAIN | ||||
| The Reverse Stock Split Proposal | 46,109,617 | 0 | 0 |
Accordingly, the Reverse Stock Split Proposal has been approved.
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.
| CODE CHAIN NEW CONTINENT LIMITED | ||
| Date: October 18, 2022 | By: | /s/ Hongxiang Yu |
| Name: | Hongxiang Yu | |
| Title: | Chief Executive Officer | |