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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 17, 2024

 

 

ANKAM INC.

(Exact name of registrant as specified in its charter)

 

 

NV 333-255392 61-1900749
(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)

 

Wang Wen Lung

5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.).

(Address of Principal Executive Offices) (Zip Code)

00000

 

+886-928486237

(Registrant’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 registrant 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)
   
☐ 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
None None None

 

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 1.01 Entry into a Material Definitive Agreement

 

On September 17, 2024, Ankam Inc. (the "Company") entered into a Memorandum of Understanding (the "MOU") with Hatcher Opportunities Limited Partnership Fund (the "Lender"), a limited partner fund registered in Hong Kong. Under the terms of the MOU, the Company intends to issue a convertible note (the "Convertible Note") to the Lender in the principal amount of $500,000.

 

Key Terms of the Proposed Convertible Note:Principal Amount:

$500,000Conversion Price:

$8.00 per share of Ankam Inc.Expiration Date:

December 31, 2024Number of Shares upon Conversion:

65,000 shares

 

The proposed Convertible Note can only be exercised by the Lender on the maturity date. If the Lender exercises this conversion right, the principal amount of the Convertible Note shall be waived upon conversion into shares of Ankam Inc. at the conversion price of $8.00 per share.

 

Purpose of the Financing

The proceeds from the anticipated issuance of the Convertible Note will be used for working capital and business development purpose.

 

Conclusion

The Company believes that this financing arrangement will provide it with the necessary capital to achieve its strategic objectives and enhance shareholder value.

 

 

 

 

 

 2 

 

 

 

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.

 

Ankam Inc.

 

By: /s/ Wang Wen Lung                 

Wang Wen Lung

Title: President, Secretary, Treasurer, Director, Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer)

 

 

Date: September 19, 2024

 

 

  

 

 

 

 

 

 

 

 3 

 

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Cover
Sep. 17, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Sep. 17, 2024
Entity File Number 333-255392
Entity Registrant Name ANKAM INC.
Entity Central Index Key 0001781629
Entity Tax Identification Number 61-1900749
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 5F., No. 97, Jingye 1st Rd
Entity Address, Address Line Two Zhongshan Dist.
Entity Address, City or Town Taipei City 104
Entity Address, Country TW
Entity Address, Postal Zip Code 00000
City Area Code 886
Local Phone Number 928486237
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Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false
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