Form 6-K - Report of foreign issuer [Rules 13a-16 and 15d-16]
January 10 2024 - 4:05PM
Edgar (US Regulatory)
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 January, 2024
Commission File Number: 001-38201
SECOO HOLDING LIMITED
21/F, Block D, Wantong Center, No. A 6
Chaowai Street
Chaoyang District, Beijing 100027
The People’s Republic of China
(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.
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.
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SECOO HOLDING LIMITED |
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Date: January 10, 2024 |
By: |
/s/ Richard Rixue Li |
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Richard Rixue Li |
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Director and Chief Executive Officer |
Exhibit 99.1
Secoo Receives Additional Delinquency Letter
from Nasdaq Regarding Late Filing of Periodic Report on Form 6-K
BEIJING, January 10, 2024 (GLOBE NEWSWIRE) -- Secoo Holding Limited
(“Secoo” or the “Company”) (NASDAQ: SECO) today announced that on January 5, 2024, it received an additional
delinquency letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that (i) the Company is not in
compliance with Nasdaq’s continued listing requirements set forth in Nasdaq Listing Rule 5250(c)(1) due to the Company’s
failure to file its Form 6-K containing an interim balance sheet and income statement as of the end of its second quarter ended June 30,
2023, which serves as an additional basis for delisting the Company’s securities from Nasdaq, and (ii) the Nasdaq Hearings
Panel (the “Panel”) will consider this matter in rendering a determination regarding the Company’s continued listing
on Nasdaq. The Nasdaq additional delinquency letter has no immediate effect on the listing or trading of the Company’s American
Depositary Shares (the “ADSs”) on Nasdaq.
As previously disclosed, on November 14, 2023, Nasdaq notified
the Company that a Staff Delisting Determination was issued because the Company was not in compliance with Nasdaq Listing Rule 5250(c)(1) due
to the Company’s failure to file its annual report on Form 20-F for the year ended December 31, 2022. The Company subsequently
appealed the Staff Delisting Determination to delist the Company’s ADSs from Nasdaq to the Panel and further requested an extension
of the stay of suspension from Nasdaq. Nasdaq notified the Company that a hearing will be held on February 13, 2024, and the Panel
granted the Company request to extend the stay of suspension pending the hearing and issuance of a final Panel decision. The Company is
required to address this additional deficiency regarding late filing of periodic report on Form 6-K to the Panel no later than January 24,
2024. The Company plans to present its plan to regain compliance with applicable listing requirements to the Panel in a timely manner.
About Secoo Holding Limited
Secoo Holding Limited (“Secoo”) is Asia’s leading
online integrated upscale products and services platform. Secoo provides customers a wide selection of authentic upscale products and
lifestyle services on the Company’s integrated online and offline shopping platform which consists of the Secoo.com website, mobile
applications and offline experience centers, offering over 420,000 SKUs, covering over 3,800 global and domestic brands. Supported by
the Company’s proprietary database of upscale products, authentication procedures and brand cooperation, Secoo is able to ensure
the authenticity and quality of every product offered on its platform.
For more information, please visit http://ir.secoo.com.
Safe Harbor Statement
This press release contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended,
and as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include but are not limited to
Secoo management quotes and the Company’s financial outlook. These forward-looking statements can be identified by terminology such
as “will,” “estimate,” “project,” “predict,” “believe,” “expect,”
“anticipate,” “intend,” “potential,” “plan,” “goal” and similar statements.
Secoo Holding Limited may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange
Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers,
directors or employees to third parties. Such statements involve certain risks and uncertainties that could cause actual results to differ
materially from those expressed or implied in the forward-looking statements. These forward-looking statements include, but are not limited
to, statements about: the Company’s goals and strategies; its future business development, financial condition and results of operations;
its ability to attract and retain new customers and to increase revenues generated from repeat customers; its expectations regarding demand
for and market acceptance of its products and services; trends and competition in China’s e-commerce market; changes in its revenues
and certain cost or expense items; the expected growth of the Chinese e-commerce market; Chinese governmental policies relating to the
Company’s industry and general economic conditions in China. For additional information on these and other important factors that
could adversely affect the Company’s business, financial condition, results of operations and prospects, please see its filings
with the U.S. Securities and Exchange Commission.
Secoo Holding Limited does not undertake any obligation to update any
forward-looking statement, except as required under applicable law. All information provided in this press release and in the attachments
is as of the date of this press release, and Secoo Holding Limited undertakes no duty to update such information, except as required under
applicable law.
For investor and media inquiries, please contact:
In China:
Secoo Holding Limited
Jingbo Ma
Tel: +86 10 6588-0135
E-mail: ir@secoo.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: Secoo@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: Secoo@tpg-ir.com
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