8-K
ACM Research, Inc. (ACMR)
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): April 10, 2023
ACM Research, Inc.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 001-38273 | 94-3290283 | |||
|---|---|---|---|---|---|
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | 42307 Osgood Road, Suite I<br><br>Fremont, California | 94539 | |
| --- | --- | ||||
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (510) 445-3700
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:
| o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol | Name of each exchange on which registered |
|---|---|---|
| Class A Common Stock, par value $0.0001 per share | ACMR | The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934: Emerging growth company o
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. o
Item 8.01 Other Events.
The shares of our operating subsidiary ACM Research (Shanghai), Inc., or ACM Shanghai, are listed on the Sci-Tech innovation board, or the STAR Market, of the Shanghai Stock Exchange, or the SSE.
In accordance with the SSE’s rules governing the STAR Market, ACM Shanghai filed with the SSE a Record of March 2023 Investor Relations Activity, or the Record. The SSE posted the Record to the SSE’s website on April 10, 2023. A copy of the Record is included as exhibit 99.01 to this report.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits.
*Unofficial English translation of original document prepared in Mandarin Chinese.
| Exhibit | Description |
|---|---|
| 99.01* | Record of March 2023 Investor Relations Activity filed by ACM Research (Shanghai), Inc. with the Shanghai Stock Exchange on April 10, 2023 |
| 104 | Cover Page Interactive Data File (embedded within the XBRL document) |
| *Unofficial English translation of original document prepared in Mandarin Chinese. |
SIGNATURE
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.
| ACM RESEARCH, INC. | ||
|---|---|---|
| By: | /s/ Mark McKechnie | |
| Mark McKechnie<br>Chief Financial Officer and Treasurer | ||
| Dated: April 18, 2023 |
3
Document
Stock Code: 688082 Short Name: ACMSH
ACM Research (Shanghai), Inc.
Records of Investor Relation Activities in March 2023
| Categories of investor relation activities | □ Survey by specific investors √ Analyst meeting<br><br>□ Media interview □ Results briefing<br><br>□ Press conference □ Roadshow<br><br>□ On-site visit √ Others (open conference call) |
|---|---|
| Date | March 2023 |
| Venue | Conference call |
Enclosure: List of Participants
| Schroder Investment Management |
|---|
| Arohi Asset Management Pte Ltd. |
| Capital Group |
| Centerline Investment Management Limited |
| Hel Ved Capital Management Limited |
| JK Capital Management Ltd. |
| Millennium Management Services |
| NEO-Criterion Capital |
| Polymer Capital Management |
| Quartet Capital |
| VALUE PARTNERS LIMITED |
| Ontario Teachers' Pension Plan (Asia) Limited |
| Essence Securities Co., Ltd. |
| Ernst & Yong Hua Ming (LLP) |
| Baichuan Fortune (Beijing) Investment Management Co., Ltd. |
| Beijing Gao Hua Securities Company Limited |
| Beijing Houte Investment Co. Ltd. |
| Beijing Qianhe Private Fund Management Co., Ltd. |
| Beijing Acorn Asset Management Co., Ltd. |
| Beijing Longrising Asset Management Co., Ltd. |
| Beixin Ruifeng Fund Management Co., Ltd. |
| CHASING SECURITIES CO., LTD. |
| Chuangjin Hexin Fund Management Co., Ltd. |
| Dajia Asset Management Co., Ltd. |
| Deqing Yuyang Investment Partnership (L.P.) |
| Shanghai DIJUN Asset Management Center (L.P.) |
| First Capital Securities Co., Ltd. |
| Northeast Securities Co., Ltd. |
| Oriental Alpha Fund Management Co., Ltd. |
| Orient Securities Company Limited |
| Soochow Securities Co., Ltd. |
| East Asia Qianhai Securities Company Limited |
| Founder Securities Co., Ltd. |
| FIL Investment Management (Shanghai) Company Limited |
| Fullerton Investment Management Co., Ltd. |
| Furong Fund Management Co., Ltd. |
| Basis Asset Management Limited |
| Everbright Pramerica Fund Management Co., Ltd. |
| Everbright Fortune Evertop Investment Management (Shanghai) Co., Ltd. |
| Everbright Wealth Management Co., Ltd. |
| Sun Life Everbright Life Insurance Company Limited. |
| Everbright Securities Company Limited |
| Everbright Securities Company Limited (Proprietary Trading) |
| Guangdong Bisheng Asset Management Co., Ltd. |
| Guangdong Hengsheng Fund Management Co., Ltd. |
| Guo Dong Ze Quan Investment Management Co., Ltd. |
| GF Securities Co., Ltd. |
| Guangzhou Ruirong Private Equity Fund Management Co., Ltd. |
| --- |
| Sealand Securities Co., Ltd. |
| Guolian Securities Co., Ltd. |
| Guorong Fund Management Co., Ltd. |
| Guotai Junan Securities Co., Ltd. |
| Guotai Securities Investment Trust (Investment Department) |
| UBS SDIC Fund Management Co., Ltd. |
| Guosen Securities Co., Ltd. |
| Guoyuan Securities Company Limited |
| Hainan Guoshi Capital Management Co., Ltd. |
| Hainan MetaEssence Assets Management Partnership (Limited Partnership) |
| Hainan Palm Bay Investment Co., Ltd. |
| Haitong Innovation Private Fund Management Co., Ltd. |
| Haitong International Securities Group Limited |
| HAITONG INTERNATIONAL ASSET MANAGEMENT (HK) LIMITED |
| Haitong Securities Co., Ltd. |
| Hangzhou BoLiErXiang Asset Management Company Limited |
| Hangzhou Chonghe Investment Management Partnership (L.P.) |
| Hangzhou Chuanbaina Investment Management Co., Ltd. |
| Hangzhou Farscene Investment Management Co., Ltd. |
| Hangzhou Kaisheng Investment Management Co., Ltd. |
| Hangzhou Joy Investment Management Co., Ltd. |
| HANG SENG INVESTMENT MANAGEMENT LIMITED |
| Sequoia Capital Investment Management Co., Ltd. |
| Hua'an Securities Co., Ltd. |
| Fortune SG Fund Management Co., Ltd. |
| HUATAI FINANCIAL HOLDINGS (HONG KONG) LIMITED |
| Huatai Securities Co., Ltd. |
| Huaxi Securities Co., Ltd. (Proprietary Trading) |
| China Asset Management Co., Ltd. |
| HSBC Jintrust Fund Management Company Limited |
| HSBC Qianhai Securities Limited |
| Springs Fund Management Co., Ltd. |
| Jiayu Yinghai (Shanghai) Private Equity Fund Management Co., Ltd. |
| Harvest Fund Management Limited |
| Jiangsu Winfast Investment Holding Group Co., Ltd. |
| Jiangsu Shagang Group Investment Holding Co., Ltd. |
| Bank of Communications Schroder Fund Management |
| Invesco GREAT Wall Fund Management Company Limited |
| Nine Thai Fund Management Co., Ltd. |
| Kaiyuan Securities Co., Ltd. |
| Kai’en (Suzhou) Private Fund Management Co., Ltd. |
| KGI Securities Co., Ltd. |
| Longwin Asset Management Co., Ltd. |
| Minsheng Royal Fund Management Co., Ltd. |
| Mingji Boyuan Investment (Shanghai) Co., Ltd. |
| JPMorgan Chase Bank (China) Co. Ltd. |
| Nanfang Tianchen (Beijing) Investment Management Co., Ltd. |
| Ningbo Gaofu Private Equity Fund Management Partnership (L.P.) |
| --- |
| Pengyang Asset Management Co., Ltd. |
| Ping An Bank Co., Ltd. |
| CloudAlpha Capital Management Limited |
| PICC Capital Equity Investment Company Limited |
| Credit Suisse AG |
| Credit Suisse Securities China Limited |
| UBS Securities Co., Ltd. |
| Cephei Capital Management (Tianjin) Limited |
| Xiamen Guansheng Private Equity Fund Management Co., Ltd. |
| Shanghai Bodu Investment Management Co., Ltd. |
| Orient Securities Asset Management Company Limited |
| Shanghai Fuying Investment Management Co., Ltd. |
| Shanghai Genxi Private Equity Fund Management Co., Ltd. |
| Shanghai Goomoo Investment Management Co., Ltd. |
| Shanghai Guosheng (Group) Co., Ltd. |
| Shanghai Guozan Private Equity Fund Management Partnership (L.P.) |
| Haitong Asset Management Co., Ltd. |
| United Advance Capital Company Limited |
| Shanghai Huichen Private Fund Management Company Limited |
| Shanghai Jiashi Private Fund Management Co., Ltd. |
| Shanghai Jinen Investment Co., Ltd. |
| Shanghai Genius Investment Management Co., Ltd. |
| Shanghai Eureka Investment Partner Co., Ltd. |
| Shanghai Jiuyou Equity Investment Fund Management Co., Ltd. |
| Shanghai Liyuan Equity Investment Management Co., Ltd. |
| Shanghai Lingze Private Fund Management Co., Ltd. |
| Shanghai Minghe Investment Management Co., Ltd. |
| Shanghai Muchasset Management Co., Ltd. |
| Shanghai Pudong Development Bank Co., Ltd. |
| Shanghai Cosea Investment Management Co., Ltd. |
| Shanghai Senjin Investment Management Co., Ltd. |
| Shanghai Shangjin Investment Management Partnership (L.P.) |
| Shanghai Shen Wu Asset Management Co., Ltd. |
| Shanghai Tinnyinvestment Co., Ltd. |
| Shanghai Cactus Asset Management Partnership Enterprise |
| Shanghai Xiansheng Investment Co., Ltd. |
| Shagnhai Zhongyu Investment Co., Ltd. |
| Shanghai Zige Investment Management Co., Ltd. |
| Shenwan Hongyuan Group Co., Ltd. |
| Shenwan Hongyuan Securities Co. Ltd. |
| Shenzhen Gohedge Fund Management Co., Ltd. |
| SHENZHEN WISDOM ASSET MANAGEMENT CO., LTD. |
| Jasper Capital International, Ltd. |
| Shenzhen Qianhai Chuangfu Fund Management Co., Ltd. |
| Shenzhen Qianhai Julong Investment Co., Ltd. |
| Shenzhen Qianhai Langhuan Capital Management Co., Ltd. |
| Shenzhen Guohui Investment Co., Ltd. |
| LEADINGHORSE CAPITAL MANAGEMENT CO., LTD. |
| --- |
| Shenzhen Leading Technology Industry Development Co., Ltd. |
| Shenzhen Qianhai Jiupai Captial Management Partnership (L.P.) |
| Shenzhen Shangcheng Asset Management Co., Ltd. |
| Shenzhen Kwt Co., Ltd. |
| Shenzhen China Alpha Investment Research Co., Ltd. |
| Shenzhen Enjoy Equity Investment Fund Management Co., Ltd. |
| Shenzhen Xinran Investment Management Co., Ltd. |
| Capital Securities Corporation Limited |
| Suyin Financial Management Co., Ltd. |
| Pacific Alliance Group |
| Taiping Asset Management Co., Ltd. |
| China Nature Asset Management Co., Ltd. |
| Western Securities Co., Ltd. |
| Tibet Dongcai Fund Management Co., Ltd. |
| Southwest Securities Co., Ltd. |
| Xiangcai Securities Co., Ltd. |
| Xinhua Asset Management Co., Ltd. |
| Industrial Securities Co., Ltd. |
| Symbol Investment (Shanghai) Co., Ltd. |
| Snow Lake Capital (HK) Limited |
| Yimi Fund Management Co., Ltd. |
| Chang'an Fund Management Co., Ltd. |
| Zheshang Securities Co., Ltd. |
| Zhengzhou Xinyu Investment Management Co., Ltd. |
| China International Capital Corporation Limited |
| PICC Asset Management Company Limited |
| China Galaxy Securities Co., Ltd. |
| Zhonghai Fund Management Co., Ltd. |
| Ing-Bob Life Insurance Co., Ltd. |
| China United Insurance Group Company Limited |
| Zhongsheng Chenjia (Shenzhen) Private Securities Fund Management Co., Ltd. |
| Zhongtai Securities Co., Ltd. |
| CITIC Prudential Asset Management Co., Ltd. |
| China Securities Co., Ltd. |
| CITIC Securities Co., Ltd. |
| China Post Life Insurance Co., Ltd. |
| China Post Securities Co., Ltd. |
| CENTRAL CHINA SECURITIES CO., LTD. |
| Rosefinch Fund Management Co., Ltd. |
* * *
The following information is provided in connection with the furnishing of the above Record of March 2023 Investor Relation Activity of ACM Research (Shanghai), Inc. (“ACMSH”) (the “Record”) pursuant to the Current Report on Form 8-K reporting requirements of ACM Research, Inc.:
Forward-Looking Statements
Information presented in the Record includes forward-looking statements for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements contained in the Record that do not relate to matters of historical fact should be considered forward-looking statements. Forward-looking statements are based on ACMSH management’s current expectations and beliefs, and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. Those risks and uncertainties include, but are not limited to, the following, any of which could be exacerbated even further by the continuing COVID-19 outbreak in China and globally: anticipated customer orders or identified market opportunities may not grow or develop as anticipated; customer orders already received may be postponed or canceled; ACMSH may be unable to obtain the qualification and acceptance of its delivered tools when anticipated or at all, which would delay or preclude ACMSH’s recognition of revenue from the sale of those tools; suppliers may not be able to meet ACMSH’s demands on a timely basis; ACMSH’s technologies and tools may not gain market acceptance; ACMSH may be unable to compete effectively by, among other things, enhancing its existing tools, adding additional production capacity and engaging additional major customers; ACMSH may incur significant expenses long before it can recognize revenue from new products, if at all, due to the costs and length of research, development, manufacturing and customer evaluation process cycles; volatile global economic, market, industry and other conditions could result in sharply lower demand for products containing semiconductors and for ACMSH’s products and in disruption of capital and credit markets; ACMSH’s failure to successfully manage its operations, including its inability to hire, train, integrate and manage additional qualified engineers for research and development activities; and trade regulations, including those recently published by the U.S. Department of Commerce imposing certain restrictions on equipment shipments and business practices with China-based semiconductor manufacturers, currency fluctuations, political instability and war, all of which may materially adversely affect ACMSH due to its substantial non-U.S. customer and supplier base and its substantial non-U.S. manufacturing operations. A further description of these risks, uncertainties and other matters can be found in filings ACM Research, Inc. makes with the U.S. Securities and Exchange Commission. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACMSH. ACMSH undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.