お知らせ • Jul 12
Jianguang Qian Tenders His Resignation as the Chief Financial Officer of Takung Art Co., Ltd On July 10, 2023, Mr. Jianguang Qian tendered his resignation as the Chief Financial Officer of Takung Art Co., Ltd. effective immediately. Mr. Qian’s decision to resign was not the result of any disagreements with the Company on any matter related to the operations, policies, or practices of the Company. On the same date, the nominating committee of the board of directors of the Company appointed Mr. Yaobin Wang as the new Chief Financial Officer, effective immediately, to fill in the vacancy resulting from the resignation of Mr. Qian. In connection with Mr. Wang’s appointment, the Company and Mr. Wang entered into an employment agreement, dated July 10, 2023, pursuant to which Mr. Wang will receive an annual base salary of $60,000 and discretionary share compensation for his services as Chief Financial Officer. His term of employment, which began July 10, 2023, is for one year, with the first three months being his probationary period. His employment may be terminated at any time during this probationary period and thereafter upon one month’s written notice. Mr. Wang may terminate his employment at any time for any reason or no reason upon three month’s advance written notice. Mr. Yaobin Wang has served as the Finance Director & Operation Data Director of Lvmama.com since August 2018. From June 2017 to July 2018, Mr. Wang served as the Director and CFO of SunMoon Food Company Limited. Mr. Wang served as an Investment Director of Yiguo Group from June 2017 to July 2018 and prior to that as Finance Director from April 2015 to June 2017. Mr. Wang received his bachelor’s degree in International Trade & Economy from Shanghai Jiao Tong University in 2008. Mr. Wang is a certified public accountant in China (CICPA) and the United States (AICPA). お知らせ • May 26
Takung Art Files the Form 10-Q and Regains Compliance with Section 1007 of the Listing Rule On May 23, 2023, Takung Art Co., Ltd. received a notice from the NYSE Regulation (the ‘NYSE Regulation’) of NYSE American LLC indicating that the Company was not in compliance with Section 1007 of the NYSE American Company Guide (the ‘Listing Rule’) because the Company failed to timely file its Quarterly Report on Form 10-Q for the quarterly period ended March 31, 2023 (the ‘Form 10-Q’), with the Securities and Exchange Commission (the ‘SEC’). The Listing Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Company filed the Form 10-Q on May 24, 2023, and received a letter from the NYSE Regulation informing the Company that it had regained compliance with Section 1007 of the Listing Rule as a result of the Company’s filing of its Form 10-Q. As the Company has regained compliance, the receipt of the Letter confirmed that the matter was now closed. お知らせ • May 16
Takung Art Co., Ltd. announced delayed 10-Q filing On 05/15/2023, Takung Art Co., Ltd. announced that they will be unable to file their next 10-Q by the deadline required by the SEC. お知らせ • Jan 27
Takung Art Receives Notice of Non-Compliance from NYSE American Exchange On January 25, 2023, Takung Art Co., Ltd. announced that it has received a notice of noncompliance from the NYSE American Exchange on January 20, 2023 because the Company did not hold an annual meeting in 2022 due to it requiring additional time to respond to comments from the U.S. Securities Exchange Commission (the ‘SEC’) regarding the Company’s Definitive Proxy Statement, as amended, and Registration Statement on Form F-4 filed with the SEC on December 19, 2022. The Company expects to hold an annual meeting in 2023, at which time it will regain compliance with the NYSE American’s continued listing standards. お知らせ • Nov 19
Takung Art Co., Ltd., Annual General Meeting, Dec 12, 2022 Takung Art Co., Ltd., Annual General Meeting, Dec 12, 2022, at 09:00 US Eastern Standard Time. Location: Office Q 11th Floor, Kings Wing Plaza 2, No. 1 Kwan Street Shatin Hong Kong Agenda: To ratify the appointment of Assentsure PAC (Assentsure) as the Companys independent registered public accounting firm for the fiscal year ending December 31, 2022; To approve the proposed sale of our subsidiaries, HongKong MQ Group Limited (HongKong MQ), HongKong Takung Art Company Limited (HongKong Takung) to Fecundity Capital Investment Co., Ltd for a purchase price of US$1,500,000 (the Consideration) (the Disposition);To adopt the Agreement and Plan of Merger by and between the Company and NFT Limited; To adopt the Memorandum and Articles of Association of NFT Limited (the M&A) pursuant to which NFT Limited will be authorized to issue 450,000,000 ClassA ordinary shares, par value US$0.0001 each (the ClassA Ordinary Shares), 50,000,000 Class B ordinary shares, par value US$0.0001 each (the Class B Ordinary Shares. Board Change • Sep 02
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director Anthony Poon is the most experienced director on the board, commencing their role in 2021. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. 