VEDU Visionary Education Technology Holdings Group Inc

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 OF THE

SECURITIES EXCHANGE ACT OF 1934

 

  

For the month of November 2023

 

Commission File Number 001-41385

 

Visionary Education Technology Holdings Group Inc.

(Translation of registrant’s name into English)

 

95 Moatfield Dr. First floor

Toronto, Ontario, Canada M3B 0A2

905-739-0593

(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

Form 20-F ☒             Form 40-F ☐

 

 

 

 

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On October 31, 2023, Visionary Education Technology Holdings Group Inc. (the “Company”) eliminated its chief operating officer position as part of its restructuring. As a result, the Company terminated Mr. Charlie Penn’s employment as the Chief Operating Officer of the Company, effective immediately.

 

 

 

 

 

Exhibit No.	Description
10.1	Termination Agreement by and between Visionary Education Technology Holdings Group Inc. and Charlie Penn dated October 31, 2023.

 

 

 

 

 

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, thereto duly authorized.

 

	VISIONARY EDUCATION TECHNOLOGY HOLDINGS GROUP INC.
Date: November 6, 2023	By:	/s/ Fan Zhou
		Fan Zhou
		Chief Executive Officer

 

 

 

 

 

 

 

 

Exhibit 10.1

 

 

Visionary Education Technology Holdings Group Inc. 105 Moatfield Dr Unit 1003 North York, ON M3B 0A2 905-739-0593

 

 

October 31, 2023

 

Mr. Charlie Penn,

 

Due to the Visionary Education Technology Holding Inc. (hereinafter, the “Visionary”) restructuring, the position for COO is no longer in place. We regret to inform you that your employment with Visionary from September 14, 2023, is terminated effective immediately.

 

Return of Property. Please return all of the Visionary’s property in your possession including company access key as soon as possible.

 

Confidentiality. Per the Appendix B, Agreement of confidential information and proprietary and property, you agree that you will not at any time disclose any confidential information held by the Visionary to any person other than for the Visionary’s purposes and you will not at any time for your own purposes or for any purposes other than those of the Visionary, disclose any such information you may acquire in relation to the affairs of the Visionary, except as required by law. You will also keep the terms of this letter confidential and will not discuss it with anyone except with members of your immediate family and your lawyer and financial advisor. This confidentiality obligation continues indefinitely as long as information remains confidential.

 

Non-Disparagement. You agree not to write, say or communicate, in any forum, anything disparaging about the Visionary or its officers, directors, employees or representatives.

 

Record of Employment In the near future, Visionary will complete your Record of Employment, for Employment Insurance purposes.

 

We wish you best in all your future endeavors. Should you require reference letter, please let us know.

 

Please feel free to reach me if you have any question.

 

 

Best regards,

 

/s/ Fan Zhou

Agreed:

 

/s/ Charlie Penn

 

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