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Summit Networks Inc. – ‘8-K’ for 3/25/24

On:  Wednesday, 3/27/24, at 1:29pm ET   ·   For:  3/25/24   ·   Accession #:  1091818-24-29   ·   File #:  333-199108

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/27/24  Summit Networks Inc.              8-K:3       3/25/24   10:176K                                   Yes International/FA

Current Report   —   Form 8-K

Filing Table of Contents

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 5: R1          Cover                                               HTML     42K 
 7: XML         IDEA XML File -- Filing Summary                      XML     11K 
10: XML         XBRL Instance -- sntw0327248k_htm                    XML     15K 
 6: EXCEL       IDEA Workbook of Financial Report Info              XLSX      8K 
 3: EX-101.LAB  XBRL Labels -- sntw-20240325_lab                     XML     96K 
 4: EX-101.PRE  XBRL Presentations -- sntw-20240325_pre              XML     63K 
 2: EX-101.SCH  XBRL Schema -- sntw-20240325                         XSD     12K 
 8: JSON        XBRL Instance as JSON Data -- MetaLinks               25±    34K 
 9: ZIP         XBRL Zipped Folder -- 0001091818-24-000029-xbrl      Zip     14K 


‘8-K’   —   Current Report


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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM  i 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):  i March 25, 2024

 

 i SUMMIT NETWORKS INC.

(Exact name of registrant as specified in its charter)

 

 i Nevada    i 333-199108    i 35-2511257
(State or other jurisdiction of
incorporation or organization)
  (Commission File Number)   (IRS Employer
Identification No.)

 

 i 3010-8888 Odlin Cresent,  i Richmond,  i BC  i Canada  i V6X 3Z8

(Address of principal executive offices)

 

( i 604)  i 232-3968

(Registrant’s telephone number, including area code)

 

N/A

(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 (see General Instruction A.2. below):

 

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

 

 i Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 i Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 i Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered or to be registered pursuant to Section 12(b) of the Act.

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
None   N/A   N/A

 

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  i 

 

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. 

 

 

 

-1-

 

 

ITEM 3.02 UNREGISTERED SALE OF EQUITY SECURITIES  

 

On March 25, 2024, Summit Networks, Inc., (the “Company” or the “Registrant”) issued 625,000 shares of its common stock for $100,000.  These shares were issued pursuant to an exemption from registration provided by Regulation D of the Securities Act of 1933. The issuance was not a public offering as defined in Section 4(2) due to the limited number of persons that received the shares, and the manner of the issuance.   In addition, the transferee of the common stock represented that he had the necessary investment intent as required by Regulation D and agreed to receive share certificates or book entry shares containing a legend that states the securities were restricted pursuant to Rule 144 of the Securities Act.  

 

SIGNATURES

 

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, thereunto duly authorized.

 

  Summit Networks Inc.
     
Date: March 27, 2024 By:  /s/Shuhua Liu
    Shuhua Liu
    President
    (Principal Executive Officer)

 

-2-

 


Dates Referenced Herein

This ‘8-K’ Filing    Date    Other Filings
Filed on:3/27/24None on these Dates
For Period end:3/25/24
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