Form 8-K - Current report
08 May 2024 - 2:33AM
Edgar (US Regulatory)
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0001766267
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2024-05-01
2024-05-01
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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 reported) May 1, 2024
|
SYNERGY
EMPIRE LIMITED |
|
|
(Exact
name of registrant as specified in its chapter) |
|
Nevada |
|
333-235700 |
|
38-4096727 |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
Lot
1G & 2G,
Kompleks
Lanai
No.
2, Persiaran Seri Perdana
62250
Putrajaya, Malaysia |
|
|
(Address
of principal executive offices) |
|
(Zip
Code) |
+603
8890 2968
Registrant’s
telephone number, including area code
|
n/a |
|
|
(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 CFR230.425) |
|
|
☐ |
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 |
|
SHMY |
|
OTCQB |
Item
1.01 Entry into a Material Definitive Agreement
On
May 1, 2024, Synergy Empire Limited (the “Company”) entered into a Regulation S Stock Purchase Agreement (the “Purchase
Agreement”) with two investors, Michael Tan and Andy Choe (collectively, the “Investors”), relating to the
sale by the Company of an aggregate of 500,000 shares of the Company’s common stock, $.0001 par value per share (the “Common
Stock”) at a price of $0.20 per share. Mr. Tan purchased 250,000 shares of Common Stock, and Mr. Choe purchased 250,000 shares
of Common Stock. The sale of the securities was consummated contemporaneously with the execution of the Investment Agreements. The Company
received aggregate gross proceeds from the Investors of $100,000. The Company intends to use the proceeds for general corporate purposes.
The
representations, warranties and agreements by the Company and the Investors in the Purchase Agreement were included for the purpose of
the allocating certain risks between the parties to the Investment Agreements and were for the benefit of the parties to such agreements,
and not any third parties. The foregoing summary is qualified in its entirety by reference to the Purchase Agreement which is attached
hereto as Exhibit 10.1 hereto.
ITEM
3.2 Unregistered Sales of Equity Securities
The
information set forth in Item 1.01 above is incorporated herein by reference.
In
the transaction, the Company offered and sold shares of Common Stock pursuant to Mr. Tan and Mr. Choe in reliance upon exemptions from
registration under the Securities Act afforded by Regulation S promulgated thereunder. The Company relied upon the representations made
by the Investors in the Purchase Agreement in determining that such exemption was available.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits.
The
following Exhibits are furnished herewith:
SIGNATURES
Pursuant
to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
SYNERGY
EMPIRE LIMITED |
|
|
|
Date:
May 7, 2024 |
By:
|
H’sien
Loong Wong |
|
Name:
|
H’sien
Loong Wong |
|
Title:
|
President |
Exhibit 10.1
v3.24.1.u1
Cover
|
May 01, 2024 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
May 01, 2024
|
Entity File Number |
333-235700
|
Entity Registrant Name |
SYNERGY
EMPIRE LIMITED
|
Entity Central Index Key |
0001766267
|
Entity Tax Identification Number |
38-4096727
|
Entity Incorporation, State or Country Code |
NV
|
Entity Address, Address Line One |
Lot
1G & 2G
|
Entity Address, Address Line Two |
Kompleks
Lanai
|
Entity Address, Address Line Three |
No.
2, Persiaran Seri Perdana
|
Entity Address, City or Town |
Putrajaya
|
Entity Address, Country |
MY
|
Entity Address, Postal Zip Code |
62250
|
City Area Code |
+603
8890 2968
|
Local Phone Number |
8890 2968
|
Written Communications |
false
|
Soliciting Material |
false
|
Pre-commencement Tender Offer |
false
|
Pre-commencement Issuer Tender Offer |
false
|
Common Stock [Member] |
|
Title of 12(b) Security |
Common
Stock
|
Trading Symbol |
SHMY
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