Ankam, Inc 8-K, filed Mar 23, 2026
Ankam, Inc. (ANKM)
About this 8-K
Ankam, Inc filed this 8-K on March 23, 2026.
Items reported
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of
earliest event reported)
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction | (Commission | (I.R.S. Employer |
| of Incorporation) | File Number) | Identification No.) |
Wang Wen Lung
(Address of Principal Executive Offices) (Zip Code)
+
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| 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 (s) | Name of each exchange on which registered |
| None | None | None |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.
EXPLANATORY NOTE
Item 7.01 Regulation FD Disclosure.
On March 23, 2026, ANKAM INC. (the “Company”) issued a press release (the “Press Release”) announcing that it had entered into a non-binding Memorandum of Understanding (MOU) with TRUST & ETHIC CO., LTD. (“T&E Global”) to establish a strategic partnership and set forth a framework for a potential future acquisition of T&E Global’s parent company. A copy of the Press Release is furnished as Exhibit 99.1 to this Current Report on Form 8-K pursuant to Item 7.01.
Related Party Disclosure
Mr. Wang Wen Lung, the Company’s President and Chief Executive Officer, seeks to be appointed as the Representative of the Company’s newly established Taiwan subsidiary. In this capacity, Mr. Wang aims to serve as the primary authorized representative of the Company to interface with, manage, and support the overseas business operations of T&E Global. As a result, the transactions contemplated by the MOU involve a related party. The MOU was negotiated and approved by the Company’s Board of Directors, with Mr. Wang recusing himself from all deliberations and approvals relating to the MOU. The Board determined that the terms of the MOU were negotiated on an arm’s-length basis and are fair and in the best interests of the Company and its shareholders.
The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. Such information shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended, except as expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
| Exhibit No. | Description | |
| 99.1 | Press Release dated March 23, 2026 | |
| 104 | Cover Page Interactive Data File (formatted in Inline XBRL in Exhibit 101). |
| 2 |
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.
| ANKAM INC. | ||
| Date: March 23, 2026 | By: | /s/ Wang Wen Lung |
|
Name: Wang Wen Lung Title: President and Chief Executive Officer | ||
| 3 |
Exhibit 99.1
FOR IMMEDIATE RELEASE
ANKAM INC. Announces Memorandum of Understanding for Strategic Partnership and Potential Future Acquisition of T&E Global
TAIPEI, TAIWAN – March 23, 2026 – ANKAM INC. (“ANKAM” or the “Company”), today announced that it has entered into a non-binding Memorandum of Understanding (MOU) with TRUST & ETHIC CO., LTD. (“T&E Global”), a Taiwan-based corporation, to establish a strategic partnership and outline a framework for a potential future acquisition.
Strategic Partnership Framework
Under the terms of the MOU, ANKAM plans to establish a subsidiary in Taiwan and appoint Mr. Wang Wen Lung as Representative of that subsidiary. Mr. Wang may serve as the primary authorized representative of ANKAM to interface with, manage, and support the overseas business operations of T&E Global. The Parties intend to work collaboratively to expand T&E Global’s international market presence and maximize commercial value.
The MOU contemplates that, if T&E Global's overseas operations achieve mutually agreed-upon performance metrics (key performance indicators to be defined in a separate definitive agreement), ANKAM intends to initiate an acquisition process for the parent company of T&E Global. The Parties have agreed to negotiate in good faith to enter into definitive agreements that would govern any transaction, which will contain customary terms, conditions, and covenants for transactions of this nature.
Related Party Transaction Disclosure
Mr. Wang Wen Lung, as President and Chief Executive Officer of ANKAM, is a "related person" for purposes of SEC disclosure requirements. In light of Mr. Wang's roles with both ANKAM and the Taiwan subsidiary interfacing with T&E Global, the MOU and the transactions contemplated thereby constitute a related party transaction.
The MOU was negotiated and approved by the Board of Directors of ANKAM. Mr. Wang recused himself from all deliberations and approvals relating to the MOU. The Board, acting through its independent directors, determined that the terms of the MOU were negotiated on an arm's-length basis and are fair and in the best interests of the Company and its shareholders. The Board will continue to review and approve any definitive agreements related to the potential acquisition, with Mr. Wang recusing himself from such approvals.
Non-Binding Nature
Except for confidentiality and the non-binding provisions themselves, the MOU is a statement of intent only and does not constitute a legally binding obligation or contract. Any binding commitment regarding the potential acquisition or operational integration will be subject to the execution of definitive legal agreements and any required corporate or regulatory approvals.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including but not limited to statements regarding the Company's intentions, plans, expectations, and the anticipated timing of any future transaction. These forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, among others, the ability of the Parties to negotiate and enter into definitive agreements, the satisfaction of any conditions precedent to a potential transaction, the achievement of performance targets, and other factors discussed in the Company's filings with the Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
About ANKAM INC.
ANKAM INC. is a US-based corporation focused on global expansion and strategic
partnerships.
Contact:
ANKAM, Inc. 5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan
(R.O.C.) Email: info@ankm.site