SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): April 20, 2020 (April 15, 2020)
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction of|
incorporation or organization)
|(Commission File Number)||(I.R.S. Employer|
4 – 19/F, 126 Zhong Bei,
Wuchang District, Wuhan, China
People’s Republic of China
|(Address of principal executive offices)||(Zip Code)|
Registrant’s telephone number, including area code: +86 131 4555 5555
(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)|
|¨||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 pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Units, each consisting of one Class A Ordinary Share, one-half of one Warrant and one Right||ZGYHU||The NASDAQ Stock Market LLC|
|Class A Ordinary Shares, par value $0.001 per share||ZGYH||The NASDAQ Stock Market LLC|
|Warrants, each exercisable for one Class A Ordinary Share for $11.50 per share||ZGYHW||The NASDAQ Stock Market LLC|
|Rights, each exchangeable into one-tenth of one Class A Ordinary Share||ZGYHR||The NASDAQ Stock Market LLC|
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 x
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 1.01 Entry Into A Material Definitive Agreement.
On April 15, 2020, Yunhong International (the “Company”) entered into an Assignment Agreement (the “Assignment Agreement”) with LF International Pte. Ltd., the sponsor of the Company (the “Sponsor”), and Shanghai Huan Tai Financial Advisory Co., Ltd., a PRC company and an affiliate of the Sponsor (“Huan Tai”), pursuant to which the Sponsor assigned to Huan Tai all of its rights and obligations under that certain Administrative Services Agreement dated February 12, 2020 between the Company and the Sponsor (the “Administrative Services Agreement”). Accordingly, Huan Tai will provide certain administrative services to the Company and receive $10,000 per month for such services as set forth in the Administrative Services Agreement.
The Assignment Agreement is filed with this Current Report on Form 8-K as Exhibit 10.1 and is incorporated herein by reference. The foregoing description of the Assignment Agreement is qualified in its entirety by reference thereto.
Item 9.01. Financial Statements and Exhibits.
|10.1||Assignment Agreement, dated as of April 15, 2020, by and among Yunhong International, LF International Pte. Ltd. and Shanghai Huan Tai Financial Advisory Co., Ltd.|
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: April 20, 2020
|By:||/s/ Patrick Orlando|
|Name: Patrick Orlando|
|Title: Chief Executive Officer|