DATASEA INC. Files 8-K on Operations & Financial Condition

TL;DR

**DATASEA INC. just dropped an 8-K about its financials, get ready for potential stock movement.**

AI Summary

DATASEA INC. filed an 8-K on January 23, 2024, to report an event related to its 'Results of Operations and Financial Condition' and 'Regulation FD Disclosure'. This filing indicates that the company is providing an update on its financial performance and ensuring fair disclosure of material non-public information. For investors, this matters because it signals that new financial information or significant operational updates are being made public, which could influence the stock price (DTSS) as the market digests the details.

Why It Matters

This filing indicates DATASEA INC. is updating the market on its financial health and operations, which could directly impact investor sentiment and the stock's valuation.

Risk Assessment

Risk Level: medium — The filing itself is routine, but the undisclosed content regarding 'Results of Operations and Financial Condition' could contain significant positive or negative news, creating uncertainty.

Analyst Insight

A smart investor would monitor DATASEA INC. (DTSS) closely for subsequent announcements or filings that provide the specific details of the 'Results of Operations and Financial Condition' mentioned in this 8-K, as these details will be crucial for evaluating the company's performance and future prospects.

Key Players & Entities

• DATASEA INC. (company) — the registrant filing the 8-K
• January 23, 2024 (date) — the date of the earliest event reported in the 8-K
• 001-38767 (other) — Commission File Number for DATASEA INC.
• DTSS (other) — trading symbol for DATASEA INC. Common Stock
• The Nasdaq Stock Market LLC (other) — exchange where DATASEA INC. Common Stock is registered

Forward-Looking Statements

• DATASEA INC. will release detailed financial results or operational updates shortly after this 8-K, providing specifics on the 'Results of Operations and Financial Condition'. (DATASEA INC.) — high confidence, target: 2024-02-23
• The stock price of DTSS will react significantly once the specific details of the 'Results of Operations and Financial Condition' are fully disclosed. (DTSS) — medium confidence, target: 2024-02-23

FAQ

Key Financial Figures

• $0.001 — nge on which registered Common Stock, $0.001 par value DTSS The Nasdaq Stock Mar

Filing Documents

• ea192017-8k_dataseainc.htm (8-K) — 26KB
• ea192017ex99-1_dataseainc.htm (EX-99.1) — 12KB
• ex99-1_001.jpg (GRAPHIC) — 6KB
• 0001213900-24-005547.txt ( ) — 223KB
• dtss-20240123.xsd (EX-101.SCH) — 3KB
• dtss-20240123_lab.xml (EX-101.LAB) — 33KB
• dtss-20240123_pre.xml (EX-101.PRE) — 22KB
• ea192017-8k_dataseainc_htm.xml (XML) — 3KB

02 Results of Operations and Financial Condition

Item 2.02 Results of Operations and Financial Condition. Reference is made to the disclosure set forth under Item 7.01 below, which disclosure is incorporated herein by reference.

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. On January 23, 2024, Datasea Inc., a Nevada corporation (the "Company"), issued a press release setting forth the Company's anticipated revenue for the six-month period ended December 31, 2023, of its fiscal year ended June 30, 2024. A copy of the Company's press release is attached hereto as Exhibit 99.1. The information in this Current Report on Form 8-K ("Current Report"), including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of such section. The information in this Current Report, including Exhibit 99.1, shall not be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any incorporation by reference language in any such filing. This Current Report will not be deemed an admission as to the materiality of any information in this Current Report that is required to be disclosed solely by Regulation FD.

Forward Looking Statements

Forward Looking Statements This Current Report contains forward-looking statements within the meaning of federal securities laws and regulations. All statements other than statements of historical facts included or incorporated herein may constitute forward-looking statements. Actual results could vary significantly from those expressed or implied in such statements and are subject to a number of risks and uncertainties. Although the Company believes that the expectations reflected in the forward-looking risks and uncertainties that may affect the Company's operations, financial performance, and other factors as discussed in the Company's filings with Securities and Exchange Commission ("SEC"). Among the factors that could cause results to differ materially are those risks discussed in the periodic reports the Company files with the SEC, including the Company's Annual Report on Form 10-K for the year ended June 30, 2023, filed with the SEC on September 27, 2023. You are urged to carefully review and consider the cautionary not undertake any duty to update any forward-looking statement except as required by law.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Press Release, dated January 23, 2024 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1

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. DATASEA INC. January 23, 2024 By: /s/ Zhixin Liu Name: Zhixin Liu Title: Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR