8-K
Fortune Valley Treasures, Inc. (FVTI)
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): August12, 2024 (August 7, 2024)
FORTUNE
VALLEY TREASURES, INC.
(Exact name of registrant as specified in its charter)
| Nevada | 000-55555 | 32-0439333 |
|---|---|---|
| (State<br> or other jurisdiction of<br><br> <br>incorporation<br> or organization) | (Commission<br><br> <br>File<br> Number) | (I.R.S.<br> Employer<br><br> <br>Identification<br> Number) |
| B1601 Oriental Impression Building 2<br><br> <br>Liansheng Road**, Humen Town**<br><br> <br>Dongguan**, Guangdong Province, China** | 518000 | |
| --- | --- | |
| (Address<br> of principal executive offices) | (Zip<br> Code) |
Registrant’s
telephone number, including area code: (86) (769) 8572 9133
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
| ☐ | Written<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| ☐ | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement<br> 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: 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. ☐
Item5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements ofCertain Officers.
On August 7, 2024, Mr. Anthony S. Chan tendered his resignation as a member of the board of directors (the “Board”) of Fortune Valley Treasures, Inc., a Nevada corporation (the “Company”), due to personal reasons. The Board accepted the resignation of Mr. Chan. Mr. Chan’s resignation was not the result of any disagreement with the Company, the Company’s management or the Board.
Following Mr. Chan’s resignation, the Board appointed one of the Company’s current Directors, Fang Li, to serve as Chairman of the Audit Committee.
The foregoing description of Mr. Chan’s letter of resignation is qualified in its entirety by the full text thereof, which is filed as Exhibit 17.1 to, and incorporated by reference in, this Current Report.
Item9.01. Financial Statements and Exhibits.
| Exhibit No. | Description |
|---|---|
| 17.1 | Letter<br> of Resignation of Anthony S. Chan dated August 7, 2024 |
| 104 | Cover<br> Page Interactive Data File (embedded within the Inline XBRL Document) |
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.
Dated: August 12, 2024
| FORTUNE VALLEY TREASURES, INC. | |
|---|---|
| By: | /s/ Yuwen Li |
| Name: | Yuwen<br> Li |
| Title: | Chief<br> Executive Officer |
Exhibit 17.1
