SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM 6-K
Report
of Foreign Private Issuer
Pursuant
to Rule 13a-16 or 15d-16 Under
the
Securities Exchange Act of 1934
For
the month of July 2023
Commission
File Number: 001-37829
NISUN
INTERNATIONAL ENTERPRISE
DEVELOPMENT
GROUP CO., LTD
(Registrant’s
name)
21F,
55 Loushanguan Rd
Changning
District
Shanghai
200336
People’s
Republic of China
(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 ☐
EXPLANATORY
NOTE
On
July 24, 2023, The Nasdaq Stock Market LLC (“Nasdaq”) granted Nisun International Enterprise Development Group Co., Ltd.
(the “Company”) an additional 180 calendar day period, or until November 13, 2023, (the “Exception Period”) to
regain compliance with the requirement to timely file periodic financial reports for continued listing on NASDAQ Capital Market
pursuant to NASDAQ Listing Rule 5250(c)(1) (the “Rule”).
As
previously reported, on May 18, 2023, the Company received a letter from Nasdaq notifying the Company that it was not in compliance with
the Rule, because the Company had not filed its Form 20-F for the year ended December 31, 2022 (the “Form 20-F”). Under Nasdaq’s
rules, the Company had 60 calendar days to submit a plan to regain compliance. The Company submitted a compliance plan with Nasdaq pursuant
to the rules.
Under
the terms of the exception granted by Nasdaq, the Company is required to file the Form 20-F on or before November 13, 2023. In the event
the Company does not satisfy the terms, Nasdaq will provide written notification that the Company’s securities will be delisted.
At that time, the Company may appeal the Staff’s determination to Nasdaq’s hearings panel.
The
Company is working diligently to finalize and file the Form 20-F as soon as practicable and expects to file it on or prior to the November
13, 2023 deadline. There can be no assurance that the Company will be able to regain compliance with the Rule or maintain compliance
with the other listing requirements necessary for the Company to maintain the listing of its common shares on Nasdaq.
The
Company issued a press release announcing this matter on July 25, 2023. A copy of the press release is furnished as Exhibit 99.1 to this
Report on Form 6-K.
EXHIBIT INDEX
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, thereunto duly authorized.
|
NISUN INTERNATIONAL
ENTERPRISE DEVELOPMENT GROUP CO., LTD |
|
|
|
Date: July 25, 2023 |
By: |
/s/
Xiaoyun Huang |
|
Name: |
Xiaoyun Huang |
|
Title: |
Chief
Executive Officer
(Principal
Executive Officer) and Duly Authorized Officer |
3
Exhibit
99.1
Nisun
International Received Exception Period to Regain Compliance with NASDAQ Periodic Reports Requirements
SHANGHAI,
July 25, 2023 /PRNewswire/ -- Nisun International Enterprise Development Group Co., Ltd (Nasdaq: NISN) (“Nisun” or the “Company”)
announced today that on July 24, 2023, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the
Company has been granted an additional 180 calendar day period for compliance under the timely filing of periodic financial reports requirement
through November 13, 2023. To regain compliance with NASDAQ’s periodic reports requirement, the Company is required to file the
Form 20-F for the year ended December 31, 2022 by November 13, 2023.
About
Nisun International Enterprise Development Group Co., Ltd
Nisun
International Enterprise Development Group Co., Ltd (NASDAQ: NISN) is a technology-driven, integrated supply chain solutions provider
focused on transforming the corporate finance industry. Leveraging its rich industry experience, Nisun is dedicated to providing professional
supply chain solutions to Chinese and foreign enterprises and financial institutions. Through its subsidiaries, Nisun provides users
with professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and
finance institutions, enabling the industry to strengthen and grow. At the same time, Nisun continues to deepen the field of industry
segmentation through industrial and financial integration, by cultivating/creating an ecosystem of openness and empowerment. Nisun has
built a linked platform that incorporates supply chain, banking, securities, trust, insurance, funds, state-owned enterprises, among
other businesses. Focusing on industry-finance linkages, Nisun aims to serve the upstream and downstream of the industrial supply chain
while also assisting with supply-side sub-sector reform. For more information, please visit http://ir.nisun-international.com/.
Cautionary
Note Regarding Forward-Looking Statements
This
press release contains information about Nisun’s view of its future expectations, plans and prospects that constitute forward-looking
statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a
result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional
funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand,
its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets
into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general
government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess
the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property.
Nisun encourages you to review other factors that may affect its future results in Nisun’s registration statement and in its other
filings with the Securities and Exchange Commission. Nisun assumes no obligation to update or revise its forward-looking statements as
a result of new information, future events or otherwise, except as expressly required by applicable law.
Contacts
Nisun
International Enterprise Development Group Co., Ltd
Investor
Relations
Tel: +86
(21) 2357-0055
Email: ir@cnisun.com
Ascent
Investor Relations LLC
Tina Xiao
Tel: +1 (917)
609 0333
Email: tina.xiao@ascent-ir.com
NiSun International Ente... (NASDAQ:NISN)
Gráfica de Acción Histórica
De Abr 2024 a May 2024
NiSun International Ente... (NASDAQ:NISN)
Gráfica de Acción Histórica
De May 2023 a May 2024