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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): August 15, 2024

 

SUMMIT NETWORKS INC.

(Exact name of registrant as specified in its charter)

 

Nevada   333-199108   35-2511257
(State or other jurisdiction of
incorporation or organization)		   (Commission File Number)   (IRS Employer
Identification No.)

 

3010-8888 Odlin Cresent, Richmond, BC Canada V6X 3Z8

(Address of principal executive offices)

 

+ 1-604-232-3968

(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 (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 or to be registered pursuant to Section 12(b) of the Act.

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
None   N/A   N/A

 

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. ☒

 

 -1- 

 

 

ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.

 

Departure Of Director Or Certain Officer

 

On August 15, 2024, Ms. YiYi Huang resigned as CFO of Summit Networks Inc. (the “Company”). Ms. Huang’s decision to resign was not the result of any dispute or disagreements with the Company on any matter relating to the Company’s operation, policies (including accounting or financial policies) or practices.

 

Election of Directors and Appointment Of Certain Officers

 

On August 15, 2024, the board of directors (the “Board”) appointed Ms. Chao Long (Charlene) Huang ("Ms. Huang") as the new Chief Financial Officer. Ms. Huang will hold this position for a period of two (2) years or until she earlier resigns or is removed from office.

 

Chao Long (Charlene) Huang - Age 72

 

Ms. Huang graduated from Huangshan Forestry College in Anhui, China with a degree in Forestry in 1975 and from Nanjing Normal University in Nanjing, China with a degree in Chinese Language and Literature in 1991. From 1975 to 1980, Ms. Huang worked as Forestry Technical Engineer for the Qingyang Forestry Bureau in Anhui, China. From 1980 to 1993, Ms. Huang worked for Meishan Metallurgical Newspaper Company. From 1993 to 2017, Ms. Huang worked as the Chief Executive Officer for various companies, including Shanghai Timeless International Transportation Co., Ltd., Hongkong Magic Dragon Shipping & Enterprises, Co., Ltd. and Shanghai Starlink Transportation and Forwarding Co. Ltd. From 2019 to 2021, Ms. Huang served as the Chief Financial Officer for Summits Networks, Inc.

 

ITEM 9.01    FINANCIAL STATEMENTS AND EXHIBITS

 

(d) Exhibits.

 

Exhibit   Description
99.1   Resignation letter from YiYi Huang dated August 15, 2024

  

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.

 

  Summit Networks Inc.
   
Date:  August 19, 2024 By: /s/Xian Nan Zheng
    Xian Nan Zheng
    Secretary/Director

 

 -2- 

 

Exhibit 99.1

[ex991001.jpg]

v3.24.2.u1
Cover
Aug. 15, 2024
Cover [Abstract]  
Document Type 8-K
Amendment Flag false
Document Period End Date Aug. 15, 2024
Entity File Number 333-199108
Entity Registrant Name SUMMIT NETWORKS INC.
Entity Central Index Key 0001619096
Entity Tax Identification Number 35-2511257
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 3010-8888 Odlin Cresent
Entity Address, City or Town Richmond
Entity Address, State or Province BC
Entity Address, Country CA
Entity Address, Postal Zip Code V6X 3Z8
Country Region + 1
City Area Code 604
Local Phone Number 232-3968
Written Communications false
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 true
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