Source-grounded facts extracted from Next Technology Holding Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.
Lina Jiang was appointed as Chief Executive Officer at Next Technology Holding Inc..
“the Board of the Company appointed Ms. Lina Jiang as the Chief Executive Officer of the Company, and Ms. Xiaodong An as the Interim Chief Financial Officer of the Company.”
Xianzhi Liu was elected as Director at Next Technology Holding Inc..
“the Majority Shareholders elected Mr. Zheng Dai as the Chairman of the Board and Mr. Xianzhi Liu as a director of the Board of the Company, effective September 22, 2023.”
Zheng Dai was elected as Chairman of the Board at Next Technology Holding Inc..
“the Majority Shareholders elected Mr. Zheng Dai as the Chairman of the Board and Mr. Xianzhi Liu as a director of the Board of the Company, effective September 22, 2023.”
Ning Qin resigned as Director at Next Technology Holding Inc..
“the Majority Shareholders acknowledged that Grace Li, Biming Guo, Yuxing Ye, and Ning Qin (each, a “Former Director” and collectively, the “Former Directors”) have already resigned from the Board of the WeTrade Group Inc. (the “Company”), but for the avoidance of doubt, the Majority Shareholders removed each Former Director.”
Yuxing Ye resigned as Director at Next Technology Holding Inc..
“the Majority Shareholders acknowledged that Grace Li, Biming Guo, Yuxing Ye, and Ning Qin (each, a “Former Director” and collectively, the “Former Directors”) have already resigned from the Board of the WeTrade Group Inc. (the “Company”), but for the avoidance of doubt, the Majority Shareholders removed each Former Director.”
Biming Guo resigned as Director at Next Technology Holding Inc..
“the Majority Shareholders acknowledged that Grace Li, Biming Guo, Yuxing Ye, and Ning Qin (each, a “Former Director” and collectively, the “Former Directors”) have already resigned from the Board of the WeTrade Group Inc. (the “Company”), but for the avoidance of doubt, the Majority Shareholders removed each Former Director.”
Grace Li resigned as Director at Next Technology Holding Inc..
“the Majority Shareholders acknowledged that Grace Li, Biming Guo, Yuxing Ye, and Ning Qin (each, a “Former Director” and collectively, the “Former Directors”) have already resigned from the Board of the WeTrade Group Inc. (the “Company”), but for the avoidance of doubt, the Majority Shareholders removed each Former Director.”
Next Technology Holding Inc. entered into a equity purchase with certain Regulation S investors (the "Purchasers") valued at $12,000,000 (effective 2023-09-13).
“On September 13, 2023, Wetrade Group Inc., a Wyoming corporation (the “Company”) entered into those certain subscription agreements with certain Regulation S investors (the "Purchasers"), pursuant to which the Company agrees to issue an aggregate of 1,465,200 shares of the company’s common stock for consideration of $12,000,000 at $8.19 per share”
Next Technology Holding Inc. terminated Termination Agreement with Purchasers valued at $35,000,000 (effective 2023-09-13).
“On September 13, 2023, the Company and each of the Purchasers entered into a termination agreement (the “Termination Agreement”), which mutually terminated all obligations arising out of the Transaction Documents.”
Next Technology Holding Inc. incurred debt of 105,400 shares of common stock with two investors maturing 5-year warrants.
“On August 31, 2023, the Company closed its private offering of 105,400 shares of common stock to two investors, and 5-year warrants”
Next Technology Holding Inc. entered into Private Offering of Common Stock and Warrants with two investors valued at 105,400 shares of common stock and 5-year warrants to purchase 105,400 shares at $5.15 exercise pric (effective 2023-08-31).
“As disclosed in the Current Report on Form 8-K of Wetrade Group Inc. (the “Company”) filed on August 1, 2023, on August 31, 2023, the Company closed its private offering of 105,400 shares of common stock to two investors, and 5-year warrants (the “Warrants”) entitling the investors to purchase up to 105,400 shares of the Company’s common stock at an exercise price of $5.15.”
Next Technology Holding Inc. entered into Securities Purchase Agreement with certain investors (the "Purchasers") valued at $35,000,000 (effective 2023-08-23).
“On August 23, 2023, Wetrade Group Inc. (the “Company”) entered into a Securities Purchase Agreement (the “Securities Purchase Agreement) with certain investors (the “Purchasers”), pursuant to which the Company will receive a net proceed of up to $35,000,000 in consideration of the issuance of: ● senior convertible notes in the aggregate original principal amount of $35,000,000 (the “Convertible Notes”); ● warrants to purchase up to 100% of the number of the Company’s shares of common stock (the “Common Stock”) underlying the aggregate face value of the Convertible Notes at the initial conversion price until on or prior to 11:59 p.m. (New York time) on the five-year anniversary of the closing date at an exercise price of $4.76 (the “PIPE Warrants”).”
Next Technology Holding Inc. entered into Subscription Agreement with certain investors (the "Purchasers") valued at net proceed of up to $616,590 (effective 2023-07-26).
“On July 26, 2023, Wetrade Group Inc. (the "Company") entered into a Subscription Agreement (the "Subscription Agreement") with certain investors (the "Purchasers"), pursuant to which the Company will receive a net proceed of up to $616,590 in consideration of the issuance”
Next Technology Holding Inc. received a nasdaq extension granted notice regarding late filing (rules 5250(c)(1), 5810(3)(A)(iii)).
“July 6, 2023, the Company received a letter from the Listing Qualifications Department of the Nasdaq notifying the Company that Nasdaq has granted the Company’s request to continue its listing on Nasdaq, subject to the condition that 1). on or before July 14, 2023, the Company shall file the delinquent Form 10-K for the fiscal year ended December 31, 2022, with the SEC; 2). on or before July 31, the Company shall file the delinquent Form 10-Q for the period ended March 31, 2023, with the SEC. The Nasdaq Listing and Hearing Review Council may, on its own motion, determine to review any Panel de”
Next Technology Holding Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 20, 2023, Staff notified the Company that it did not comply with Nasdaq’s filing requirements set forth in Listing Rule 5250(c)(1) (the “Filing Rule”) because the Company had not filed its Form 10-K for the fiscal year ended December 31, 2022. The Company may appeal Staff’s determination to a Hearings Panel (the “Panel”), pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series. The Company intends to timely request a hearing before the Panel which will stay the delisting of the Company’s securities pending the issuance of a decision by the Panel and the expiration of”
Next Technology Holding Inc. received a nasdaq delisting notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A), 5810(3)(A)(iii)).
“May 15, 2023, the Company received a letter from the Listing Qualifications Department of the Nasdaq regarding the Company’s failure to maintain a closing bid price of at least $0.10 for ten consecutive trading days during the Compliance Period, which results in a Staff Delisting Determination under Rule 5810(3)(A)(iii). The Staff has determined to delist the Company’s securities from the Nasdaq. Unless the Company requests an appeal of this determination, trading of the Company’s common stock will be suspended at the opening of business on May 24, 2023. In addition, on April 20, 2023, Staff n”
Next Technology Holding Inc. terminated Securities Purchase Agreements with certain accredited investors valued at up to $16,500,000 (effective 2023-05-11).
“On May 11, 2023, the Company received termination notices from the Purchasers due to the closing conditions had not been met pursuant to the Securities Purchase Agreements. As a result, the Securities Purchase Agreements are terminated and shall have no further force and effect.”
Next Technology Holding Inc. engaged Assentsure PAC as its auditor.
“On May 9, 2023, the Audit Committee and the Board of Directors of the Company appointed Assentsure PAC(“ Assentsure ”) as its new independent registered public accounting firm to audit the Company’s financial statements.”
Next Technology Holding Inc. dismissed TAAD LLP as its auditor.
“(the “Company”) notified its independent registered public accounting firm, TAAD LLP (“ TAAD ”) its decision to dismiss TAAD as the Company’s auditor. (ii) The reports of TAAD on the financial statements of the Company for the fiscal years ended December 31, 2021 and 2020 and the related statements of operations and comprehensive income (loss), changes in stockholders’ equity (deficit), and cash flows for the fiscal years ended December 31, 2021 and 2020 did not contain an adverse opinion or disclaimer of opinion and were not qualified or modified as to uncertainty, audit scope or accounting principles. (iii) The decision to change the independent registered public accounting firm was recommended and approved by the Audit Committee and the Board of Directors of the Company. (iv) During the Company’s most recent fiscal year ended December 31, 2022 and through May 9, 2023, the date of dism”
Next Technology Holding Inc. received a nasdaq deficiency notice notice regarding late filing (rules 5250(c)(1)).
“April 20, 2023, the “Company received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule (“Rule”) 5250(c)(1), because the Company did not timely file its annual report on Form 10-K for the year ended December 31, 2022 with the SEC. The Rule requires listed companies to timely file all required periodic financial reports with the SEC. Under Nasdaq rules, the Company has 60 calendar days from receipt of the Notice (April 20, 2023) or until June 20, 2023, to submit a plan to regain”
Next Technology Holding Inc. incurred convertible notes of $18,333,333.33 with certain accredited investors at 5% per annum.
“On April 6, 2023, Wetrade Group Inc. (the “Company”) entered into those certain Securities Purchase Agreement (the “Securities Purchase Agreement) with certain accredited investors (the “Purchasers”), pursuant to which the Company will receive a net proceed of up to $16,500,000 in consideration of the issuance of: · senior secured convertible notes in the aggregate original principal amount of $18,333,333.33 (the “Convertible Notes”);”
Next Technology Holding Inc. entered into Securities Purchase Agreement with certain accredited investors valued at up to $16,500,000 (effective 2023-04-06).
“On April 6, 2023, Wetrade Group Inc. (the “Company”) entered into those certain Securities Purchase Agreement (the “Securities Purchase Agreement) with certain accredited investors (the “Purchasers”), pursuant to which the Company will receive a net proceed of up to $16,500,000 in consideration of the issuance of: · senior secured convertible notes in the aggregate original principal amount of $18,333,333.33 (the “Convertible Notes”);”
Next Technology Holding Inc.: Amended provisions on shareholder meetings (time, place, manner) and board composition and meeting procedures (effective 2023-03-29).
“The Bylaw Amendments amended section 1, section 3 and section 11 of Article II as well as section 3 and section 10 of Article III to amend the time, place and manner of shareholder meetings and board composition requirements and procedure of board meetings.”
Next Technology Holding Inc.: Added Article IX permitting shareholder action by written consent without a meeting (effective 2023-03-29).
“The Article of Incorporation Amendments added Article IX preceding the original Article IX of the Articles of Incorporation as the following: IX. Unless otherwise provided by law, any action required to be taken at a meeting of the shareholders, or any other action which may be taken at a meeting of the shareholders, may be taken without a meeting, and without prior notice, if consents in writing setting forth the action so taken are signed by the holders of outstanding shares having not less than the minimum number of votes that would be required to authorize or take the action at a meeting at which all shares entitled to vote on the action were present and voted.”
Next Technology Holding Inc. received a nasdaq deficiency notice notice regarding minimum bid price (rules 5550(a)(2), 5810(c)(3)(A)).
“January 11, 2023, WeTrade Group Inc. (the “Company”) received a letter from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) regarding the Company’s failure to comply with Nasdaq Continued Listing Rule (“Rule”) 5550(a)(2), which requires listed securities to maintain a minimum bid price of $1.00 per share. A failure to comply with Rule 5550(a)(2) exists when listed securities fail to maintain a closing bid price of at least $1.00 per share for 30 consecutive business days. Based on the closing bid price for the last 30 consecutive business days, the Company failed to”
Biming Guo was appointed as Chairman of the Board at Next Technology Holding Inc..
“and Mr. Biming Guo was appointed as the chairman of the board”
Hechun Wei was appointed as Chief Executive Officer at Next Technology Holding Inc..
“Mr. Hechun Wei was appointed as the Chief Executive Officer of the Company”
Pijun Liu resigned as Chief Executive Officer at Next Technology Holding Inc..
“and Mr. Pijun Liu tendered his resignation as the chief executive officer and a director”
Zheng Dai resigned as Chairman of the Board at Next Technology Holding Inc..
“On December 21, 2022, Mr. Zheng Dai tendered his resignation as chairman of the board”
Annie Huang was appointed as Chief Financial Officer at Next Technology Holding Inc..
“Ms. Annie Huang was appointed as the Chief Financial Officer of the Company, effective November 29, 2022.”
Hung Fai Choi resigned as Director at Next Technology Holding Inc..
“Mr. Hung Fai Choi tendered his resignation as a director of the Company, effective November 29, 2022.”
Kean Tat Che resigned as Director at Next Technology Holding Inc..
“On November 29, 2022, Mr. Kean Tat Che tendered his resignation as a director and the Chief Financial officer of WeTrade Group Inc. (the “Company”), and Mr. Hung Fai Choi tendered his resignation as a director of the Company, effective November 29, 2022.”
Kean Tat Che resigned as Chief Financial Officer at Next Technology Holding Inc..
“On November 29, 2022, Mr. Kean Tat Che tendered his resignation as a director and the Chief Financial officer of WeTrade Group Inc. (the “Company”), and Mr. Hung Fai Choi tendered his resignation as a director of the Company, effective November 29, 2022.”
Hanfeng Li was appointed as Vice President at Next Technology Holding Inc..
“On October 13, 2022, the Board of Directors, Nominating Committee and Compensation Committee approved the appointment of Mr. Hanfeng Li as the Vice President of Wetrade Group Inc. (the “Company”), effective October 13, 2022.”
Grace Li was appointed as Director at Next Technology Holding Inc..
“On August 12, 2022, approved by the Board of Directors, the Nominating Committee and the Compensation Committee, Ms. Grace Li was appointed as a director of the Company, effective August 12, 2022.”
Zhuo Li resigned as Director and Chief Operating Officer at Next Technology Holding Inc..
“On August 12, 2022, Mr. Zhuo Li tendered his resignation as a director and the Chief Operation Officer of Wetrade Group Inc. (the “Company”), effective August 12, 2022.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.