8-K 1 f8k110519_ifreshinc.htm FORM 8-K

 

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

 

November 5, 2019

Date of Report (Date of earliest event reported)

 

iFresh Inc.

(Exact Name of Registrant as Specified in its Charter)

 

Delaware   001-38013   82-066764
(State or other jurisdiction of incorporation)   (Commission File Number)   (I.R.S. Employer Identification No.)

 

2-39 54th Avenue
Long Island City, NY 11101

 

(Address of Principal Executive Offices and Zip Code)

 

Registrant’s telephone number, including area code: (718) 628-6200

 

 

(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

 

  Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

 

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.

 

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, par value $0.0001   IFMK   Nasdaq Capital Market

 

 

 

 

 

Item 8.01 Other Events.

 

iFresh Inc. (the “Company”) issued a press release based on a police notice dated November 3, 2019 relating to Zhejiang Xiaotai Technology Co. Ltd. (“Zhejiang Xiaotai”), which is contractually controlled by Xiaotai International Investment Inc. The Company entered into a Share Exchange Agreement with the shareholders of Xiaotai International Investment Inc. (“Xiaotai International”) on June 7, 2019 to acquire Xiaotai International, subject to certain closing conditions. Zhejiang Xiaotai is alleged to have conducted illegal fundraising in China and its control persons are currently detained and held in custody by the local police. The Company’s management and board of directors are closely monitoring and actively assessing the situation.

 

A copy of the press release is furnished herewith as Exhibit 99.1 and is incorporated by reference herein in its entirety. 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

Exhibit No.   Description
99.1   Press release dated November 5, 2019



1 

 

 

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.

 

Dated: November 5, 2019

 

  iFRESH, INC.
     
  By: /s/ Long Deng
  Name: Long Deng
  Title: Chairman and Chief Executive Officer

 

 

2