Ankam, Inc. Files Material Definitive Agreement

Ticker: ANKM · Form: 8-K · Filed: Dec 31, 2024 · CIK: 1781629

Ankam, INC. 8-K Filing Summary
FieldDetail
CompanyAnkam, INC. (ANKM)
Form Type8-K
Filed DateDec 31, 2024
Risk Levelmedium
Pages2
Reading Time2 min
Sentimentneutral

Sentiment: neutral

Topics: material-agreement

TL;DR

Ankam signed a big deal on Dec 31st, details TBD.

AI Summary

Ankam, Inc. reported a material definitive agreement on December 31, 2024. The filing does not disclose specific details of the agreement, the other parties involved, or any associated dollar amounts.

Why It Matters

This filing indicates Ankam, Inc. has entered into a significant agreement, which could impact its business operations and future financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details in the filing creates uncertainty about the nature and potential impact of the material definitive agreement.

Key Players & Entities

FAQ

What is the nature of the material definitive agreement Ankam, Inc. entered into?

The filing does not specify the nature of the material definitive agreement.

Who are the other parties involved in this material definitive agreement?

The filing does not disclose the names of the other parties involved in the agreement.

What is the effective date of this material definitive agreement?

The filing states the date of the earliest event reported is December 31, 2024.

Are there any financial implications or dollar amounts associated with this agreement mentioned in the filing?

No specific dollar amounts or financial implications are detailed in this filing.

What is the principal executive office address for Ankam, Inc. as listed in the filing?

The principal executive offices are located at 5F., No. 97, Jingye 1st Rd., Zhongshan Dist., Taipei City 104, Taiwan (R.O.C.).

Filing Stats: 552 words · 2 min read · ~2 pages · Grade level 10.5 · Accepted 2024-12-31 10:49:08

Filing Documents

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement On December 31, 2024 ANKM, Inc. (the "Company") entered into a non-binding Memorandum of Understanding (the "MOU") with a company based in Taiwan (the "Counterparty"). The MOU outlines the intention of both parties to negotiate the terms of a potential production and sales licensing arrangement related to certain supplemental products. Key Terms of the MOU: 1. Scope of License: The MOU contemplates a potential agreement where the Counterparty would grant ANKM a non-exclusive license to manufacture and sell specific products within designated territories. 2. Duration: The initial term discussed in the MOU is for a period of two years. 3. Royalties: The parties are discussing a potential royalty structure based on net sales revenue generated from the licensed products. 4. Quality Control: The MOU emphasizes the importance of adhering to quality standards established by the Counterparty. 5. Confidentiality: Both parties agree to maintain the confidentiality of any non-public information shared during the negotiation process. The Company intends to continue discussions with the Counterparty and will update shareholders as necessary concerning any definitive agreements that may be reached. 2

SIGNATURES

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 hereunto duly authorized. ANKAM, INC. Date: December 31, 2024 By: /s/ Wang Wen Lung Name: Wang Wen Lung Title: President, Secretary, Treasurer, Director, Chief Executive Officer (Principal Executive Officer) and Chief Financial Officer (Principal Financial and Accounting Officer) 3

View Full Filing

View this 8-K filing on SEC EDGAR

View on Read The Filing