CLPS Inc. Files Amendment to Annual Report on Form 20-F

TL;DR

<b>CLPS Inc. has filed an amendment to its annual report on Form 20-F for the fiscal year ending June 30, 2023.</b>

AI Summary

CLPS Inc (CLPS) filed a Amended Foreign Annual Report (20-F/A) with the SEC on April 8, 2024. CLPS Inc. filed an amendment (No. 1) to its Form 20-F for the fiscal year ended June 30, 2023. The filing was made on April 8, 2024. CLPS Inc. is incorporated in the Cayman Islands and its principal executive office is located in Hong Kong. The company's common shares trade on The NASDAQ Stock Market LLC under the symbol CLPS. As of September 24, 2023, CLPS Inc. had 25,586,122 shares outstanding.

Why It Matters

For investors and stakeholders tracking CLPS Inc, this filing contains several important signals. This amendment updates the company's annual filing, providing potentially new or revised information relevant to investors. The filing confirms CLPS Inc.'s status as a public company trading on NASDAQ, indicating ongoing reporting obligations.

Risk Assessment

Risk Level: low — CLPS Inc shows low risk based on this filing. The filing is an amendment to a routine annual report, indicating no immediate significant operational or financial changes are being disclosed.

Analyst Insight

Review the specific amendments made in this 20-F/A filing to understand any updated disclosures or changes in the company's reporting.

Key Numbers

• 25,586,122 — Shares Outstanding (As of September 24, 2023)
• 0630 — Fiscal Year End (2023)
• 001-38505 — Commission File Number (CLPS Inc.)

Key Players & Entities

• CLPS Inc. (company) — Registrant
• NASDAQ (company) — Stock Market
• Raymond Ming Hui Lin (person) — Chief Executive Officer
• CLPS (company) — Trading Symbol
• Cayman Islands (company) — Jurisdiction of incorporation

FAQ

Industry Context

CLPS Inc. operates in the software and IT services sector, providing information technology solutions.

Regulatory Implications

As a foreign private issuer incorporated in the Cayman Islands and listed on NASDAQ, CLPS Inc. is subject to SEC reporting requirements under the Securities Exchange Act of 1934.

What Investors Should Do

1. Review the full amended Form 20-F filing for detailed disclosures.
2. Monitor future filings for any significant operational or financial updates.
3. Assess the impact of any disclosed changes on the company's business strategy and market position.

Key Dates

• 2024-04-08T00:00:00.000Z: Filing Date — Amendment No. 1 to Form 20-F
• 2023-06-30T00:00:00.000Z: Fiscal Year End — Annual Report Period

Year-Over-Year Comparison

This filing is an amendment to the previous Form 20-F, indicating updates or corrections to the initial annual report.

Key Financial Figures

• $0.0001 — ch registered Common Shares, par value $0.0001 CLPS The NASDAQ Stock Market LLC Secu

Filing Documents

• ea0203253-20fa1_clps.htm (20-F/A) — 66KB
• ea020325301ex12-1_clps.htm (EX-12.1) — 10KB
• ea020325301ex12-2_clps.htm (EX-12.2) — 10KB
• ea020325301ex13-1_clps.htm (EX-13.1) — 4KB
• ea020325301ex15-1_clps.htm (EX-15.1) — 6KB
• 0001213900-24-031189.txt (&nbsp;) — 340KB
• clps-20230630.xsd (EX-101.SCH) — 3KB
• clps-20230630_def.xml (EX-101.DEF) — 18KB
• clps-20230630_lab.xml (EX-101.LAB) — 37KB
• clps-20230630_pre.xml (EX-101.PRE) — 19KB
• ea0203253-20fa1_clps_htm.xml (XML) — 7KB

EXHIBITS

ITEM 19. EXHIBITS The financial statements are filed as part of this Annual Report beginning on page F-1. Exhibit No. Description 1.1 Form of Underwriting Agreement (2). 2

Description of Securities registered under Section 12 of the Exchange Act (6)

Description of Securities registered under Section 12 of the Exchange Act (6) 3.1 Memorandum and Articles of Association (1). 4.1 Specimen Share Certificate (1). 10.1 2017 Equity Incentive Plan (1). 10.2 2019 Equity Incentive Plan (3). 10.3 2020 Equity Incentive Plan(4) 10.4 2023 Equity Incentive Plan(8) 10.5 Form Independent Director Agreement (1). 10.6 Employment Agreement between the Company and Xiao Feng Yang (1). 10.7 Employment Agreement between the Company and Raymond Ming Hui Lin (1). 10.8 Employment Agreement between the Company and Rui Yang (5). 10.9 Employment Agreement between the Company and Li Li (7). 10.10 ANZ Global Services and Operations (Chengdu) Company Limited Agreement (1). 10.11 Master Lease Agreement - Shanghai Pudong Software Park Co., Ltd.* 10.12 Master Lease Agreement - Shanghai Pudong Software Park Co., Ltd.* 10.13 Master Lease Agreement - Dalian High-Tech Park* 10.14 Master Lease Agreement -Guangzhou Fengxing Plaza-A20F* 10.15 Master Lease Agreement -Guangzhou Fengxing Plaza-A21F* 10.16 Form of Framework Contract for Subcontracting (1). 10.17 Form Warrant Agreement (2). 10.18 Form Lockup Agreement (2). 10.19 Escrow Indemnification Agreement (2). 10.20 Credit Agreement with Bank of Shanghai Pudong Development Bank Co. Ltd-22 million* 10.21 Credit Agreement with Bank of Shanghai Pudong Development Bank Co. Ltd-18 million* 10.22 Credit Agreement with Bank of Communications Bank Co., Ltd.-10 million. * 10.23 Credit Agreement with China Merchants Bank Co., Ltd.-10 million* 12.1 Certification of the Chief Executive Officer (Principal Executive Officer) pursuant to Rule 13a-14(a) of the Securities Exchange Act, as amended. 12.2 Certification of the Chief Financial Officer (Principal Financial Officer) pursuant to Rule 13a-14(a) of the Securities Exchange Act, as amended. 13.1 Certification of the Chief Executive Officer and Chief Fina

SIGNATURES

SIGNATURES The Registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf. CLPS Incorporation April 8, 2024 By: /s/ Raymond Ming Hui Lin Name: Raymond Ming Hui Lin Title: Chief Executive Officer (Principal Executive Officer) April 8, 2024 By: /s/ Rui Yang Name: Rui Yang Title: Chief Financial Officer (Principal Financial and Accounting Officer) 3

View Full Filing

View this 20-F/A filing on SEC EDGAR