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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):
August
18, 2025
VIVIC
CORP.
(Exact
Name of Registrant as Specified in its Charter)
Nevada |
|
000-56198 |
|
80-0948413 |
(State or other jurisdiction
of |
|
Commission |
|
IRS Employer |
Incorporation or organization) |
|
File Number |
|
Identification Number |
187
E. Warm Springs Road
Las
Vegas, Nevada 89119
(Address
of Principal Executive Offices)
Registrant’s
telephone number: (702) 899 0818
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 Pursuant to Section 12(g) of the Act:
Title
of Each Class |
|
Trading
Symbol(s) |
|
Name
of each Exchange on which Registered |
Common Stock |
|
VIVC |
|
OTCQB |
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. ☐
On
August 18, 2025, the Board of Directors of VIVIC Corp. (“VIVIC”) adopted a resolution for the dissolution of its representative
office, VIVIC Corp. Taiwan Branch (“VIVIC Taiwan”), an entity formed
under the laws of the Republic of China (“Taiwan”). VIVIC Taiwan has been mainly engaged in yacht procurement, sales, and
leasing services in Taiwan and other countries.
A
Certificate of Dissolution was filed on August 19, 2025, and was approved by the regulatory authorities on August 21, 2025. The reason
for the dissolution was due to Taiwan government’s policy of prohibiting importing ships from China, where our main suppliers are.
In August 2025, the Company determined to concentrate its operations in the United States and Southeast Asia and to discontinue pursuing
the Taiwan market. As required by local procedure, public notices were published on September 26, 2025, September 27, 2025, and September
29, 2025. If no creditor objections are filed within three months following the final publication, the court is expected to issue a certificate
of closure, after which the Company intends to close the branch bank account and complete deregistration. Subject to these conditions,
the Company currently expects completion by year-end 2025.
The
anticipated effects of the dissolution of VIVIC Taiwan on VIVIC’s business performance are not significant as VIVIC seeks alternative
jurisdictions to continue its operations. However, actual results may differ as discussed under “Cautionary Note Regarding Forward-Looking
Statements” below.
Cautionary
Note Regarding Forward-Looking Statements
This
report includes certain statements that may constitute “forward-looking statements” within the meaning of Section 27A of
the Securities Act and Section 21E of the Exchange Act. All statements other than statements of historical fact are forward-looking statements
for purposes of federal and state securities laws. These forward-looking statements involve uncertainties that could significantly affect
the Company’s financial or operating results. These forward-looking statements may be identified by terms such as “anticipate,”
“believe,” “continue,” “foresee,” “expect,” “intend,” “plan,”
“may,” “will,” “would,” “could,” and “should,” and the negative of these
terms or other similar expressions. Forward-looking statements are based on current beliefs and assumptions that are subject to risks
and uncertainties and are not guarantees of future performance. Forward-looking statements in this report include, among other things,
statements regarding the business plan, business strategy and operations of the Company in the future. In addition, all statements that
address operating performance and future performance, events or developments that are expected or anticipated to occur in the future
are forward looking statements. Forward-looking statements are subject to a number of risks, uncertainties and assumptions. Matters and
factors that could cause actual results to differ materially from those expressed or implied in such forward-looking statements include
but are not limited to the matters and factors described under the heading “Risk Factors” of the Company’s Annual Report
on Form 10-K for the year ended June 30, 2024, as may be amended from time to time, its subsequently filed Quarterly Reports on Form
10-Q and its other filings with the Securities and Exchange Commission. Consequently, all of the forward-looking statements made in this
report are qualified by the information contained under this caption. No assurance can be given that these are all of the factors that
could cause actual results to vary materially from the forward-looking statements in this report. You should not put undue reliance on
forward-looking statements. No assurances can be given that any of the events anticipated by the forward-looking statements will transpire
or occur, or if any of them do occur, the actual results, performance, or achievements of the Company could differ materially from the
results expressed in, or implied by, any forward-looking statements. All forward-looking statements speak only as of the date of this
report and, unless otherwise required by U.S. federal securities law, the Company does not assume any duty to update or revise any forward-looking
statements included in this report, whether as a result of new information, the occurrence of future events, uncertainties or otherwise,
after the date of this report.
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:
September 30, 2025
|
VIVIC CORP. |
|
|
|
|
By: |
/s/ Tse-Ling
Wang |
|
|
Tse-Ling Wang |
|
|
Chief Executive Officer |