8-K
GLOBAL LEADERS CORP (GLCP)
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): November 18, 2022
GLOBAL
LEADERS CORPORATION
(Exact Name of Registrant as Specified in Charter)
| Nevada | 333-251324 | 00-0000000 |
|---|---|---|
| (State<br> or Other Jurisdiction<br><br> <br>of<br> Incorporation) | (Commission<br><br> <br>File<br> Number) | (IRS<br> Employer<br><br> <br>Identification<br> No.) |
Unit512, InnoCentre
72Tat Chee Avenue,
KowloonTong, Hong Kong
(Address of Principal Executive Offices) (Zip Code)
(852)
8102 3633
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
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<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:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| N/A | N/A | N/A |
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. ☐
Section 8 – Other Events
Item 8.01. Other Events.
On November 18, 2022, Global Leaders Corporation, a Nevada corporation (the “Company”), consummated its initial public offering (the “IPO”) of 786,250 shares (the “Units”). Each Unit consists of one share of common stock of the Company, par value $0.0001 per share (“Common Stock”). As at the date of this report, 24 public investors purchased the Units and became the Company’s public shareholders. The Units were sold at a price of $0.80 per Unit, generating gross proceeds to the Company of $629,000.
A total of $629,000 representing the gross proceeds from the sale of the Units was placed in the Company’s bank account.
On November 18, 2022, the Company issued a press release announcing the closing of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits
The following exhibits are being filed herewith:
| Exhibit No. | Description |
|---|---|
| 99.2 | Press<br> Release Announcing Closing of IPO |
| 104 | Cover<br> Page Interactive Data File (embedded within the Inline XBRL document) |
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 hereunto duly authorized.
Dated: November 18, 2022
| Global Leaders Corporation | |
|---|---|
| By: | /s/ Yip Hoi Hing Peter |
| Name: | Yip<br> Hoi Hing Peter |
| Title: | Chief<br> Executive Officer, Chief Financial Officer, President, Director, Secretary and Treasurer |
| (Principal<br> Executive Officer) |
Exhibit 99.2
Global Leaders Corporation Announces Closing of Initial Public Offering
Hong Kong, HK – November 18, 2022 – Global Leaders Corp. (the “Company”) announced today the closing of its initial public offering of 786,250 units at $0.80 per unit. Each unit consists of one share of common stock of the Company, par value $0.0001 per share.
The Company will further announce the trading date and the ticker symbol upon filing. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction
FORWARD-LOOKING STATEMENTS
This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and final prospectus for the offering filed with the Securities and Exchange Commission (“SEC”). Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Contact
Global Leaders Corporation
Unit 512, InnoCentre, 72 Tat Chee Avenue, Kowloon Tong, Hong Kong
Attn: Yip Hoi Hing Peter
Chief Executive Officer, Chief Financial Officer, President, Director,
Secretary and Treasurer, (Principal Executive Officer)
peter.yip@globalleaders.com.hk
(852) 8102 3633