Notification That Annual Report Will Be Submitted Late (nt 10-k)
September 30 2020 - 8:48AM
Edgar (US Regulatory)
|
|
|
|
|
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
|
|
|
|
|
|
|
|
FORM 12b-25
|
SEC FILE NUMBER
000-31091
|
|
NOTIFICATION OF LATE FILING
|
CUSIP NUMBER
137581 104
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(Check one):
|
ü
|
Form 10-K
|
|
Form 20-F
|
|
Form 11-K
|
|
Form 10-Q
|
|
Form 10-D
|
|
Form N-CEN
|
|
Form N-CSR
|
|
|
|
|
|
|
For Period Ended:
|
June 30, 2020
|
|
|
|
|
|
Transition Report on Form 10-K
|
|
|
|
|
|
Transition Report on Form 20-F
|
|
|
|
|
|
Transition Report on Form 11-K
|
|
|
|
|
|
Transition Report on Form 10-Q
|
|
|
|
|
For the Transition Period Ended:
|
|
|
|
|
|
Read Instructions (on back page) Before Preparing Form. Please Print or Type.
|
Nothing in this form shall be construed to imply that the Commission has verified any information contained herein.
|
If the notification relates to a portion of the filing checked above, identify the Item(s) to which the notification relates:
|
|
|
PART I REGISTRANT INFORMATION
|
|
CANG BAO TIAN XIA INTERNATIONAL ART TRADE CENTER, INC.
|
Full Name of Registrant
|
|
|
Former Name if Applicable
|
|
Unit 609, Shengda Plaza, No. 61 Guoxing Ave.
|
Address of Principal Executive Office (Street and Number)
|
|
Meilan District, Hainan Province, China 570203
|
City, State and Zip Code
|
|
86-898-66186181
|
Registrant's telephone number, including area code
|
1
|
PART II RULES 12b-25(b) AND (c)
|
|
If the subject report could not be filed without unreasonable effort or expense and the registrant seeks relief pursuant to Rule 12b-25(b), the following should be completed. (Check box if appropriate)
|
|
|
|
|
|
|
|
|
|
|
(a)
|
The reason described in reasonable detail in Part III of this form could not be eliminated without unreasonable effort or expense;
|
|
(b)
|
The subject annual report, semi-annual report, transition report on Form 10-K, Form 20-F, Form 11-K, Form N-CEN or Form N-CSR, or portion thereof, will be filed on or before the fifteenth calendar day following the prescribed due date; or the subject quarterly report or transition report on Form 10-Q or subject distribution report on Form 10-D, or portion thereof, will be filed on or before the fifth calendar day following the prescribed due date; and
|
ü
|
|
|
(c)
|
The accountants statement or other exhibit required by Rule 12b-25(c) has been attached if applicable.
|
|
PART III NARRATIVE
|
|
State below in reasonable detail the reasons why Forms 10-K, 20-F, 11-K, 10-Q, 10-D, N-CEN, N-CSR, or the transition report or portion thereof, could not be filed within the prescribed time period. (Attach extra Sheets if Needed)
|
|
The Company could not complete the filing of its Annual Report on Form 10-K for the period ended June 30, 2020 due to a delay in obtaining and compiling information required to be included in the Company's Form 10-K, which delay could not be eliminated by the Company without unreasonable effort and expense. In accordance with Rule 12b-25 of the Securities Exchange Act of 1934, as amended, the Company intends to file its Form 10-K no later than the 15th calendar day following the prescribed due date.
|
|
PART IV OTHER INFORMATION
|
|
|
|
|
|
|
|
|
|
|
(1)
|
Name and telephone number of person to contact in regard to this notification
|
|
|
John Lowy
|
|
(212)
|
|
371-7799
|
|
(Name)
|
|
(Area Code)
|
|
(Telephone Number)
|
|
(2)
|
Have all other periodic reports required under Section 13 or 15(d) of the Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of 1940 during the preceding 12 months or for such shorter period that the registrant was required to file such report(s) been filed? If answer is no, identify report(s).
|
Yes
|
ü
|
No
|
|
|
|
|
|
(3)
|
Is it anticipated that any significant change in results of operations from the corresponding period for the last fiscal year will be reflected by the earnings statements to be included in the subject report or portion thereof?
|
Yes
|
ü
|
No
|
|
|
|
|
If so, attach an explanation of the anticipated change, both narratively and quantitatively, and, if appropriate, state the reasons why a reasonable estimate of the results cannot be made.
|
|
|
|
|
|
|
|
CANG BAO TIAN XIA INTERNATIONAL ART TRADE CENTER, INC.
|
(Name of Registrant as Specified in Charter)
|
|
has caused this notification to be signed on its behalf by the undersigned hereunto duly authorized.
|
|
Date:
|
September 29, 2020
|
|
By:
|
/s/ Xingtao Zhou
|
|
|
|
|
Xingtao Zhou
Chief Executive Officer
|
2
EXPLANATION OF ANTICIPATED CHANGE
As reported in a Form 8-K, filed with the SEC on July 27, 2020, the Registrant entered into a Share Exchange Agreement (the Exchange Agreement) by and among (i) the Registrant, (ii) Zhi Yuan Limited, a Cayman Islands company (Cayman Company), and (iii) the three beneficial shareholders of Cayman Company (each, a Cayman Company Shareholder and collectively, the Cayman Company Shareholders). Pursuant to the terms of the Exchange Agreement, the Cayman Company Shareholders sold to the Registrant all shares of Cayman Company held by them, which shares represented 100% of the issued and outstanding shares of Cayman Company. In exchange, the Registrant issued to the Cayman Company Shareholders an aggregate of 75,000,000 shares of the Registrants common stock, representing approximately 67.98% of the Registrants total issued and outstanding common stock.
As a result of the share issuance, the Registrant is no longer a shell company, as that term is defined in Rule 12b-2 under the Securities Exchange Act of 1934. Accordingly, the Registrants financial statements for the fiscal year ended June 30, 2020 are expected to show significant increases in revenues, assets and shareholders equity.
3
Cang Bao Tian Xia Intern... (CE) (USOTC:TXCB)
Historical Stock Chart
From Nov 2024 to Dec 2024
Cang Bao Tian Xia Intern... (CE) (USOTC:TXCB)
Historical Stock Chart
From Dec 2023 to Dec 2024