8-K

Fuse Group Holding Inc. (FUST)

8-K 2021-02-11 For: 2021-02-11
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Added on April 06, 2026

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): February **** 11**, 202****1**

Fuse Group Holding Inc.
(Exact Name of Registrant as Specified in its Charter)
Nevada 333-202948 47-1017473
--- --- ---
(State of incorporation) (Commission File Number) (IRS Employer Identification No.)
805 W. Duarte Rd., Suite 102<br> Arcadia, CA 91007
---
(Address of principal executive offices)
(626) 210-0000
(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))

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. ☐

Securities registered pursuant to Section 12(b) of the Act:

Title of each class Trading<br><br> <br>Symbol(s) Name of each exchange<br><br> <br>on which registered
None N/A N/A

ITEM 7.01. REGULATION FD DISCLOSURE.

On February 11, 2021, Fuse Group Holding Inc. (the “Company”) issued a press release announcing that it has entered into a letter of intent to acquire E-Mo Biotech Holding Inc., a Nevada company, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Exhibit 99.1 to this Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits
99.1 Press Release

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.

Fuse Group Holding Inc.
Date: February 11, 2021 By: /s/ Umesh Patel
Umesh Patel
Chief Executive Officer

ex_226066.htm

Exhibit 99.1

Fu se Group Holding Inc. Enter ed into Letter of Intent to Acquire

E-Mo Biotech Holding Inc.

February 11, 2021 – Fuse Group Holding Inc. (OTCQB: FUST) (“Fuse” or the “Company”) today announced that the Company, through its wholly-owned subsidiary Fuse Biotech Inc., entered into a letter of intent (“LOI”) with E-Mo Biotech Holding Inc. (“E-Mo”) and shareholders (the “Sellers”) of E-Mo on February 9, 2021. Pursuant to the LOI, the Company plans to acquire all equity interest of E-Mo (the “Shares”), a company incorporated in Nevada. The LOI is non-binding except for the “Confidentiality”, “Exclusive Period” and “Governing Law” sections of the LOI.

Pursuant to the LOI, Sellers intend to sell, and Fuse intends to purchase from the Sellers the Shares at the total purchase price of $100 million to be paid in the shares of common stock of the Company, which should be valued at $1.00 per share for the purpose of this transaction.

E-Mo is involved in biology research and development including vaccines, immunological treatment, diagnostic product development and similar treatments against the Severe Acute Respiratory Syndrome Coronavirus 2 (“SARS-co-V2”) and relevant diseases.

Mr. Umesh Patel, Chief Executive Office of the Company said, “We are excited about the opportunity to enter into biotech research and development area. E-Mo is currently applying with U.S. FDA for phase 4 clinical trial for a new intended use of market existing vaccine, Polio Vaccine, against SARS-CoV-2 in control and prevention of Coronavirus disease (COVID-19). With COVID-19 pandemic raging around the world, our potential acquisition of E-Mo will not only implement the Company’s strategy entering into biotech business but also make our contribution to help control the pandemic with research and development.”

About F use Group Holding Inc.

Fuse Group Holding Inc. ("Fuse" or the "Company") is incorporated in Nevada and currently it explores opportunities in mining investment and consulting services. Fuse Biotech Inc., a wholly owned subsidiary of the Company is currently seeking business opportunities in the biotech area.

Safe Harbor Statement

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our annual report on Form 10-K for the year ended September 30, 2020 and our other reports and filings with SEC. Such reports are available upon request from the Company, or from the Securities and Exchange Commission (“SEC”), including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

IR Contact:

Fuse Group Holding Inc.

Tel: (626)-210-0000