8-K
Summit Networks Inc. (SNTW)
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): September
22, 2021
SUMMIT NETWORKS INC.
(Exact name of registrant as specified in its charter)
| Nevada | 333-199108 | 35-2511257 |
|---|---|---|
| (State or other jurisdiction of<br><br>incorporation or organization) | (Commission File Number) | (IRS Employer<br><br>Identification No.) |
S101-5289 Cambie Street, Vancouver BC Canada V5Z0J5
(Address of principal executive offices)
+ 1-604-336-5353
(Registrant’s telephone number, including area code)
N/A
(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 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)) |
| --- | --- |
Securities registered or to be registered pursuant to Section 12(b) of the Act.
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
|---|---|---|
| None | 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. ☐
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAINOFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
Departure Of Director Or Certain Officer
On September 22, 2021, Ms. Yi Yi Huang resigned as a Director of Summit Networks Inc. (the “Company”). Ms. Huang’s decision to resign was not the result of any dispute or disagreements with the Company on any matter relating to the Company’s operation, policies (including accounting or financial policies) or practices.
Election of Director and AppointmentOf Certain Officer
On the same date, the board of directors (the “Board”) of the Company appointed Mr. Chiu Kin Wong (“Mr. Wong”) as a Director of the Company. The Company and Mr. Wong have not entered into any arrangement regarding the payment of compensation for acting as an officer or a director of the Company.
Mr. Wong, age 67, is the founder and CEO of Shanghai Yi Long Shipping Co. Ltd, which is located in Shanghai and Super Dragon Shipping and Trading Ltd. which is located in Hong Kong. Mr. Wong graduated from Shanghai Honghu College in 1971.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
| Exhibit | Description |
|---|---|
| 99.1 | Resignation letter from Yi Yi Huang dated September 22, 2021 |
1
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 thereunto duly authorized.
| Summit Networks Inc. | ||
|---|---|---|
| Date: September 23, 2021 | By | /s/ Shuhua Liu |
| Shuhua Liu | ||
| Chief Executive Officer | ||
| (Principal Executive Officer) |
2
INDEX TO EXHIBITS
| Exhibit | Description |
|---|---|
| 99.1 | Resignation letter from Yi Yi Huang dated September 22, 2021 |
3
Exhibit 99.1
September 22, 2021
The Board of Directors of
Summit Networks Inc.
S101-5289 Cambie Street,
Vancouver BC Canada V5Z 0J5
Resignation Letter
Ladies and Gentlemen:
I hereby resign from my position as a Director of Summit Networks Inc. (the “Company”). My resignation is not the result of any disagreement that I have with the Company or the Board of Directors regarding the Company’s financial or accounting policies or operations.
| Sincerely, |
|---|
| /s/Yi Yi Huang |
| Yi Yi Huang |