MTC MMTec Inc

UNITED STATES

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 October 2023

Commission File Number: 001-38766

MMTEC, INC.

(Translation of registrant’s name into English)

Room 2302, 23rd Floor
FWD Financial Center
308 Des Voeux Road Central
Sheung Wan, Hong Kong
Tel: +852 36908356

(Address of Principal Executive Office)

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 ☐

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ☐        No ☒

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________. 

On October 4, 2023, MMTEC, Inc. (the “Company”) completed the conversion (the “Conversion”) of $30,000,000 of Senior Convertible Promissory Notes (the “Notes”) at a conversion price of $0.30 per share. The Notes were purchased in a registered direct offering commenced by the Company on March 31, 2023. Upon completion of the Conversion, the Company delivered 100,000,000 newly issued ordinary shares to several unaffiliated holders, none of whom following the Conversion own more than 4.99% of the outstanding ordinary shares of the Company. Following the Conversion, the number of outstanding ordinary shares of the Company is 199,145,041.

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.

Date: October 6, 2023 

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