6-K
Skillful Craftsman Education Technology Ltd (EDTK)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13A-16 OR 15D-16 UNDERTHE SECURITIES EXCHANGE ACT OF 1934
For the month of June 2021
Commission file number: 001-39360
SKILLFUL CRAFTSMAN EDUCATION
TECHNOLOGY LIMITED
Floor 4, Building 1, No. 311, Yanxin Road
Huishan District, Wuxi
Jiangsu Province, PRC 214000
(Address of Principal Executive Offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. Form 20-F x Form 40-F ¨
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ¨
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ¨
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
EXHIBIT INDEX
| Exhibit Number | Description |
|---|---|
| 99.1 | Press release |
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, thereunto duly authorized.
| SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED<br><br><br><br>(Registrant) | |
|---|---|
| By: | /s/ Xiaofeng Gao |
| Name: | Xiaofeng Gao |
| Title: | Chief Executive Officer and <br><br>Chairman of the Board of Directors |
Date: June 2, 2021
Exhibit 99.1
Skillful Craftsman Announces Board Changes
WUXI, China, June 1, 2021 (GLOBENEWSWIRE) -- Skillful Craftsman Education Technology Ltd. (“the Company” or “Skillful Craftsman”) (NASDAQ: EDTK), an education technology company providing interactive online learning services, today announced following changes to its board of directors (“Board”) and Board committees, effective on June 1, 2021:
| · | appointment of Mr. Bin Fu, the Company’s Co-Chief Executive Officer, as a director of the Company; |
|---|---|
| · | appointment of Mr. Steven Yuan Ning Sim, an independent director who satisfies the qualification<br>of an “audit committee financial expert,” to serve as the chairperson of the Audit Committee, replacing Mr. H. David<br>Sherman; |
| --- | --- |
| · | appointment of Mr. Huiqing Ye, an independent director of the Company, to serve as a member of the<br>Audit Committee, and as the chairperson of the Nominating and Corporate Governance Committee replacing Mr. Steven Yuan Ning Sim;<br>and |
| --- | --- |
| · | Mr. H. David Sherman has resigned from his roles in the Board but will remain as an independent advisor<br>to the Company. |
| --- | --- |
Immediately following the foregoing changes, the Company’s Board will consist of five directors, including three independent directors. The Company’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee will continue to solely comprise independent directors with the following compositions:
| Audit Committee | Compensation Committee | Nominating and CorporateGovernance Committee | |
|---|---|---|---|
| Chairperson | Steven Yuan Ning Sim | Limin Huang | Huiqing Ye |
| Member | Limin Huang | Steven Yuan Ning Sim | Steven Yuan Ning Sim |
| Member | Huiqing Ye | Huiqing Ye | Limin Huang |
Mr. Xiaofeng Gao, Chairman and CEO of Skillful Craftsman, commented, “On behalf of our Board and the Company, I would like to thank Mr. H. David Sherman for his vision, dedication and contribution to the Company’s IPO progress during his tenure. We look forward to our continued collaboration in the future.”
About Skillful Craftsman
Skillful Craftsman is an education technology company that provides interactive online vocational training and virtual simulation experimental training courses. The Company began operations in Wuxi, China in 2013 and is a key supporter for China education reform and development for labor employment. For more information, please visit: http://ir.kingwayup.com/.
Safe Harbor Statement
This report contains “forward-lookingstatements” for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that represent ourbeliefs, projections and predictions about future events. All statements other than statements of historical fact are “forward-lookingstatements,” including any projections of earnings, revenue or other financial items, any statements of the plans, strategies andobjectives of management for future operations, any statements concerning proposed new projects or other developments, any statementsregarding future economic conditions or performance, any statements of management’s beliefs, goals, strategies, intentions and objectives,and any statements of assumptions underlying any of the foregoing. Words such as “may”, “will”, “should”, “could”, “would”, “predicts”, “potential”, “continue”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates”and similar expressions, as well as statements in the future tense, identify forward-looking statements.
Forward-looking statements are based on informationavailable at the time those statements are made and management’s belief as of that time with respect to future events. These statementsare necessarily subjective and involve known and unknown risks, uncertainties and other important factors that could cause our actualresults, performance or achievements to differ materially from any future results, performance or achievements described in or impliedby such statements. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarilybe accurate indications of whether, or the times by which, our performance or results may be achieved. The Company disclaims any intentionto, and undertakes no obligation to, update or revise any forward-looking statement.
For investor and media enquiries, please contact:
Skillful Craftsman
Investor Relations Department
Email: iredtk@kingwayedu.cn
Ascent Investor Relations LLC
Tina Xiao
Tel: +1 917-609-0333
Email: tina.xiao@ascent-ir.com