UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): ~~June~~October 217, ~~2023~~2024

WAVE SYNC CORP.

(Exact name of registrant as specified in its charter)

Delaware

001-34113

74-2559866

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

19 West 44th Street, Suite 1001, New York, NY 10036

(Address of principal executive offices)

Registrant’s telephone number, including area code: (852) 98047102

(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 to the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

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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))

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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 Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On ~~June~~October 213, 2023, ~~Jiang~~Hon Man ~~Hui~~Yun ~~resigned~~passed ~~from~~away, thereby concluding his position as ~~the~~Chief ~~member~~Executive ofOfficer ~~the Board~~ of ~~Directors (“Board”) of~~ Wave Sync Corp. (the “Company”) ~~and the chief executive officer of the Company, effective immediately~~. Mr. Hui resigned due to his personal reasons and his resignation is not the result of any disagreement with the Company, the Board, or management, or any matter relating to the Company’s operations, policies or practices.

On ~~July~~October 107, ~~2023~~2024, the Board ~~appointed Mr. Hon Man Yun as the chief executive officer~~ of ~~the~~Directors ~~Company to fill in~~ (the ~~vacancy created by Mr. Hui’s resignation.~~ ~~Mr.~~“Board”) ~~Yun~~approved ~~has~~the ~~been~~appointment ~~chief~~of ~~financial~~Hong ~~officer~~Chen, ~~and~~a ~~director~~current member of the ~~Company~~Board, ~~since~~as ~~February~~Chief ~~2021.~~Executive HeOfficer ~~has~~(the ~~served in several financing and accounting~~“CEO”) ~~positions at different private~~ and ~~publicly~~Chairman ~~traded~~of ~~companies. Mr. Yun has worked as~~ the ~~Chief~~Board ~~Financial Officer~~ of ~~Kiwa~~the ~~Bio-tech~~Company, ~~Products Group~~effective ~~Corporate since a 2018 and served~~ as ~~the~~of ~~CFO~~October ~~and~~7, ~~a director at Hudson Capital Inc~~2024. ~~since~~The ~~August~~Board ~~2020~~also ~~until~~approved ~~February~~the ~~2022.~~appointment ~~Mr.~~of ~~Yun served~~Xiaoyue ~~as a joint company secretary~~Zhang, as a current ~~group~~member ~~vice~~of ~~president,~~ the ~~chief accountant and compliance and internal audit officer for Kaisun Energy Group Limited~~Board, ~~from~~as ~~May~~Chief ~~2017~~Financial toOfficer ~~August 2020. Mr. Yun was an associate at China Merchants Securities~~ (~~Hong~~the ~~Kong~~“CFO”) ~~Co.,~~of ~~Limited from December 2014 to May 2017 and financial controller at E Lighting Group Limited from March 2013 to September 2014. Mr. Yun earned a higher diploma in Business Studies from~~ the ~~City University of Hong Kong~~Company, ~~formerly~~effective ~~City~~as ~~Polytechnic~~ of ~~Hong~~October ~~Kong~~7, ~~and a Master of Business Administration from the University of Western Sydney~~2024.

On October 7, 2024, the Board also appointed Larry Wu as a member of the Board. Following this appointment, the Board shall consist of Hong Chen and Xiaoyue Zhang as Executive Directors, and Larry Wu, Chiang Hsien, and Ming Yi as Independent Directors.

Larry Wu has served as the President of YW Capital Inc. since October 2019, where he managed several million USD invested in Flawless Auto Mall for a used car floor plan. This is an extension of Mr. Wu’s luxury car export trading and investment business, which he has been operating since 2006, focusing on worldwide sourcing and procurement. Mr. Wu has also served as the President of Bauing Group USA Ltd. since 2016, where he is responsible for Bauing USA’s investments and daily operations, including solar power projects in New York City and New Jersey. Mr. Wu received his Bachelor of Science degree in Physics from Peking University in 1986 and his Master of Science in Physics from Worcester Polytechnic Institute in 1992.

There are no arrangements or understandings between the Company and the newly appointed executive officer or director and any other person or persons pursuant to which each executive officer or director was appointed and there is no family relationship between or among any director or executive officer of the Company or any person nominated or chosen by the Company to become a director or executive officer.

There are no transactions between the Company and any newly appointed executive officer or director that are reportable pursuant to Item 404(a) of Regulation SKS-K. The Company did not enter into or materially amend any material plan, contract or arrangement with any newly appointed executive officer or director in connection with his or her appointment as a director or executive officer.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

July 10, 2023	WAVE SYNC CORP.
October 10, 2024	WAVE SYNC CORP.
	By:	/s/ ~~Hon~~Hong ~~Man Yun~~Chen
	Name:	~~Hon~~Hong ~~Man Yun~~Chen
	Title:	Chief Executive Officer

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