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): February 17, 2020 (February 17, 2020)
VALUE EXCHANGE INTERNATIONAL, INC.
(Exact name of Registrant as specified in its charter)
Nevada |
| 000-53537 |
| 26-3767331 |
(State or other jurisdiction |
| (Commission File Number) |
| (IRS Employer |
of Incorporation) |
|
|
| Identification Number) |
Unit 602, Block B, 6 Floor, |
Shatin Industrial Centre, 5-7 Yuen Shun Circuit, |
Shatin, N.T., Hong Kong |
(Address of principal executive offices) (Zip Code) |
|
(852) 2950 4288 |
(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:
[ ] 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))
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 | Exchange on which registered |
NONE | ---- | ---- |
ITEM 5.02. DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
(b) Resignation of a director
On February 17, 2020, Matthew Mecke notified Value Exchange International, Inc. (the “Company”) that he will be resigning from the Board of Directors of the Company (“Board”), effective February 18, 2020. Mr. Mecke’s resignation is not due to any disagreement with the Company.
The Board intends to appoint a new director to the Board to fill the vacant seat created by Mr. Mecke resignation. The Board believes that diversity can strengthen board performance and is actively searching for women and other candidates with diverse backgrounds and experiences.
(d) Exhibits. None
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.
Date: February 17, 2020
VALUE EXCHANGE INTERNATIONAL, INC.
/s/ Kenneth Tan Seng Wee
By: Kenneth Tan Seng Wee
Title: President, Chief Executive Officer and Director