Skillful Craftsman Education Technology Ltd 6-K, filed Jul 1, 2026
Skillful Craftsman Education Technology Ltd (EDTK)
About this 6-K
Skillful Craftsman Education Technology Ltd filed this 6-K on July 1, 2026.
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 July 2026
Commission file number: 001-39360
SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED
7th Floor, West Lobby, Building 7B
Shenzhen Bay Science and Technology Ecological Park
Nanshan District, Shenzhen, Guangdong Province, China
(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 ☒ Form 40-F ☐
INFORMATION CONTAINED IN THIS FORM 6-K REPORT
On June 25, 2026, Skillful Craftsman Education Technology Limited, a Cayman Islands exempted company with limited liability (the “Company”), entered into the Second Amendment Agreement (the “Second Amendment Agreement”) to Promissory Note Purchase Agreement (the “Original Agreement”) with Mr. Xuejun Ji, a major shareholder of the Company, Mr. Peng Wang, a director of the Board of the Company (the “Board”) and Mr. Bin Fu, Chairman of the Board and Chief Executive Officer of the Company (collectively, the “Purchasers”). The Second Amendment Agreement is to amend the Original Agreement dated September 24, 2024, amended on December 19, 2025, to further extend the maturity date of certain promissory notes issued to the Purchasers (the “Notes”) for six more months from March 31, 2026 to September 30, 2026 (the “Amended Maturity Date”). Pursuant to the Second Amendment Agreement, the entire outstanding principal amount of the Notes, together with any accrued and unpaid interest thereon, if any, shall be due and payable in full on the Amended Maturity Date. Pursuant to the Second Amendment Agreement, the Company also amended and restated the Notes to extend the maturity date of such Notes from March 31, 2026 to September 30, 2026 (the “Second Amended and Restated Notes”). The foregoing description of the Second Amendment Agreement and the Second Amended and Restated Notes does not purport to be complete and is qualified in its entirety by reference to the complete text of the Second Amendment Agreement and Form of the Second Amended and Restated Notes, copies of which are filed as exhibits hereto and are incorporated herein by reference.
Exhibits Index
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 | ||
| (Registrant) | ||
| By: | /s/ Bin Fu | |
| Name: | Bin Fu | |
| Title: | Chief Executive Officer | |
Date: July 1, 2026
Exhibit 10.1
THE SECOND AMENDMENT AGREEMENT TO Promissory Note Purchase Agreement
This Second Amendment Agreement (this “Agreement”) to Promissory Note Purchase Agreement is made and entered into as of June 25, 2026 by and among Skillful Craftsman Education Technology Limited, a Cayman Islands exempted company (the “Company”) and each purchaser identified on the signature pages hereto (each, including its successors and assigns, a “Purchaser” or “Holder” and collectively the “Purchasers” or “Holders”).
RECITALS:
A. The Company and the Holders entered into that certain Promissory Note Purchase Agreement dated as of September 24, 2024, amended on December 19, 2025 (the “Purchase Agreement”), pursuant to which the Company issued to the Holders 6% Promissory Notes in aggregate principal amount of $1,000,000 (the “Notes”).
B. On December 19, 2025, the Parties amended the Purchase Agreement to extend the Maturity Date of the Notes to March 31, 2026.
C. The Parties mutually desire to further amend the Purchase Agreement and the Notes to extend the maturity date of the Notes for another six months until September 30, 2026, all as set forth in this Agreement.
C. This Agreement serves as an amendment and supplement to the Purchase Agreement and the Notes. All terms and conditions of the Purchase Agreement and the Notes not expressly amended on December 19, 2025 and herein shall remain in full force and effect.
NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:
1. Definitions and Interpretation. Unless otherwise defined herein, capitalized terms used in this Agreement shall have the meanings ascribed to them in the Purchase Agreement.
2. Extension of Maturity Date. The Maturity Date of the Notes (as defined in the Notes), originally was September 24, 2025 and was extended to March 31, 2026, is hereby further extended to September 30, 2026 (the “Second Amended Maturity Date”). The entire outstanding principal amount of the Notes, together with any accrued and unpaid interest thereon, if any, shall be due and payable in full on the Second Amended Maturity Date.
3. Continuing Effect. Except as specifically amended and modified by this Agreement, all of the terms, covenants, and conditions of the Purchase Agreement are hereby ratified and confirmed and shall remain in full force and effect. This Agreement shall be deemed to form an integral part of the Purchase Agreement.
5. Governing Law and Dispute Resolution. This Agreement shall be governed by, and construed in accordance with, the laws of the State of New York, as provided in the Purchase Agreement. Any disputes arising out of or in connection with this Agreement shall be resolved exclusively by the courts sitting in New York City, New York, as stipulated in the Purchase Agreement. The Parties irrevocably waive any right to trial by jury as provided therein.
6. Effectiveness. This Agreement shall become effective upon execution by duly authorized representatives of the Parties. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.
[Signature Pages Follow]
IN WITNESS WHEREOF, the Parties have executed this Promissory Note Amendment Agreement as of the date first written above.
| COMPANY： | ||
| SKILLFUL CRAFTSMAN EDUCATION TECHNOLOGY LIMITED | ||
| By: | /s/ Qin Zhang | |
| Name: | Qin Zhang | |
| Title: | Director and Chairman of the Audit Committee | |
| Date: | June 25, 2026 | |
| HOLDER: | ||
| Name of Holder: Xuejun Ji | ||
| By: | /s/ Xuejun Ji | |
| Date: | June 25, 2026 | |
| Name of Holder: Peng Wang | ||
| By: | /s/ Peng Wang | |
| Date: | June 25, 2026 | |
| Name of Holder: Bin Fu | ||
| By: | /s/ Bin Fu | |
| Date: | June 17, 2026 | |
Exhibit 10.2
THIS PROMISSORY NOTE HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAS BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION MAY BE EFFECTED WITHOUT EXCEPT PURSUANT TO AN EFFECTIVE REGISTRATION STATEMENT OR AN APPLICABLE EXEMPTION FROM REGISTRATION AND AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO THE COMPANY TO THE EFFECT THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF 1933.
the second AMENDED AND RESTATED
Skillful Craftsman Education Technology Limited
PROMISSORY NOTE
| $______ | Issue Date: September 24, 2024 as amended and restated on June 25, 2026 |
This Second Amended and Restated Promissory Note (this “Note”) is made as of June 25, 2026 (the “Effective Date”). Upon the Effective Date, the original note issued on September 24, 2024, as first amended and restated on December 19, 2025, shall be replaced and superseded in full by this Note.
For value received, Skillful Craftsman Education Technology Limited a Cayman Islands exempted company (the “Company”), promises to pay to ______, an individual and resident of ____, China (the “Holder”), the principal sum of _____ Thousand Dollars ($______) (the “Principal Amount”). Interest shall accrue from the Issue Date of this Note on the unpaid principal amount at a rate equal to six percent (6.0%) per annum. This Promissory Note (this “Note”) is issued on the Issue Date hereof pursuant to that certain Promissory Note Purchase Agreement, dated on September 24, 2024, amended on December 19, 2025 and on June 25, 2026, by and between the Company and Holder (the “Purchase Agreement”). This Note is subject to the following terms and conditions.
1. Maturity; Interest Payments.
(a) This Note will mature and become due and payable on September 30, 2026 (“the Initial Term”); provided that Holder may, in its sole discretion, elect to extend the Initial Term for up to an additional twelve (12) months from the end of the Initial Term by written notice to the Company ten (10) days prior to the end of the Initial Term (the “Extended Term” and such date at the end of the Initial Term as may be extended any Extended Term, the “Maturity Date”).
(b) Interest shall accrue on this Note from the Issue Date of September 24, 2024, and such accrued interest (the “Interest”) shall be due and payable to the Holder on September 30, 2026. All accrued Interest may be paid to the Holder in immediately available funds.
(c) Notwithstanding the foregoing, the entire unpaid Principal Amount, together with accrued and unpaid interest thereon, shall become immediately due and payable upon (i) the insolvency of the Company, the commission of any act of bankruptcy by the Company, or the execution by the Company of a general assignment for the benefit of creditors; (ii) the filing by or against the Company of a petition in bankruptcy or any petition for relief under the federal bankruptcy act or the continuation of such petition without dismissal for a period of ninety (90) days or more; (iii) the appointment of a receiver or trustee to take possession of the property or assets of the Company or (iv) the occurrence of an Event of Default. An “Event of Default” shall exist upon a material breach or default by the Company of its obligations under this Note or the Purchase Agreement and the Company has failed to cure such breach or default within thirty (30) days following notice by the Holder of the occurrence of such breach or default.
2. Payment; Prepayment. All payments shall be made in lawful money of the United States of America at such place as the Holder hereof may from time to time designate in writing to the Company. Payment shall be credited first to the accrued interest then due and payable and the remainder applied to principal. The Note may not be prepaid without the prior written consent of the Holder.
3. Transfer; Successors and Assigns. The terms and conditions of this Note shall inure to the benefit of and be binding upon the respective successors and assigns of the parties. The Holder may assign, pledge, or otherwise transfer this Note without the prior written consent of the Company. Subject to the preceding sentence, this Note may be transferred only upon surrender of the original copy of this Note for registration of transfer, duly endorsed, or accompanied by a duly executed written instrument of transfer in form satisfactory to the Company. Thereupon, a new note for the same principal amount and interest will be issued to, and registered in the name of, the transferee as Holder. Interest and principal are payable only to the registered holder of this Note.
4. Governing Law; Venue. This Note and all acts and transactions pursuant hereto and the rights and obligations of the parties hereto shall be governed, construed and interpreted in accordance with the internal laws of the State of New York, without giving effect to principles of conflicts of law. Venue for any dispute arising out of this Agreement shall be exclusively in the state and federal courts located in New York City, New York and each party hereby expressly consents to the personal jurisdiction of such courts and irrevocably waives any objection to such venue based on forum nonconveniens.
5. Notices. Whenever notice is required to be given under this Note, unless otherwise provided herein, such notice shall be given in accordance with the subsection of the Purchase Agreement titled “Notices”.
6. Stockholders, Officers and Directors Not Liable. In no event shall any stockholder, officer or director of the Company be liable for any amounts due or payable pursuant to this Note.
7. Loss of Note. Upon receipt by the Company of evidence satisfactory to it of the loss, theft, destruction or mutilation of this Note or any Note exchanged for it, and indemnity satisfactory to the Company (in case of loss, theft or destruction) or surrender and cancellation of such Note (in the case of mutilation), the Company will make and deliver in lieu of such Note a new Note of like tenor.
8. Waiver of Jury Trial. THE PARTIES HEREBY AGREE TO WAIVE THEIR RIGHT TO A JURY TRIAL OF ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS NOTE. THE SCOPE OF THIS WAIVER IS INTENDED TO BE ALL ENCOMPASSING OF ANY AND ALL DISPUTES THAT MAY BE FILED IN ANY COURT AND THAT RELATE TO THE SUBJECT MATTER OF THIS TRANSACTION, INCLUDING, WITHOUT LIMITATION, CONTRACT CLAIMS, TORT CLAIMS, BREACH OF DUTY CLAIMS, AND ALL OTHER COMMON LAW AND STATUTORY CLAIMS.
[signature page follows]
IN WITNESS WHEREOF, the undersigned have executed this Second Amended and Restated Promissory Note as of the date set forth above.
| COMPANY: | ||
| Skillful Craftsman Education Technology Limited | ||
| By: | /s/ Qin Zhang | |
| Name: | Qin Zhang | |
| Title: | Director and Chairman of the Audit Committee | |
| AGREED TO AND ACCEPTED: | ||
| By: | ||
| Name: | ||