FingerMotion Terminates Material Agreement
Ticker: FNGR · Form: 8-K · Filed: Dec 16, 2024 · CIK: 1602409
| Field | Detail |
|---|---|
| Company | Fingermotion, Inc. (FNGR) |
| Form Type | 8-K |
| Filed Date | Dec 16, 2024 |
| Risk Level | medium |
| Pages | 1 |
| Reading Time | 2 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: agreement-termination, material-agreement
TL;DR
FingerMotion terminated a key deal, details TBD.
AI Summary
FingerMotion, Inc. filed an 8-K on December 16, 2024, to report the termination of a material definitive agreement. The filing does not specify the other party involved in the agreement or the financial implications of this termination.
Why It Matters
The termination of a material definitive agreement can significantly impact a company's operations, future revenue streams, and strategic partnerships.
Risk Assessment
Risk Level: medium — Termination of a material agreement can signal underlying business issues or a shift in strategy, warranting closer scrutiny.
Key Players & Entities
- FingerMotion, Inc. (company) — Registrant
- Delaware (jurisdiction) — State of incorporation
- December 16, 2024 (date) — Date of Report
FAQ
What was the material definitive agreement that was terminated?
The filing does not specify the name or details of the material definitive agreement that was terminated.
Who was the other party to the terminated agreement?
The filing does not disclose the identity of the other party involved in the terminated agreement.
What is the effective date of the termination?
The filing indicates the termination is reported as of December 16, 2024, but does not specify the exact effective date of the termination itself.
Are there any financial implications or penalties associated with this termination?
The filing does not provide any information regarding financial implications or penalties resulting from the termination.
Does this termination affect any ongoing business operations or future plans of FingerMotion, Inc.?
The filing does not detail the specific impact of the termination on FingerMotion's ongoing business operations or future plans.
Filing Stats: 434 words · 2 min read · ~1 pages · Grade level 12.7 · Accepted 2024-12-16 17:29:15
Filing Documents
- fngr-20241216_8k.htm (8-K) — 23KB
- 0001520138-24-000456.txt ( ) — 194KB
- fngr-20241216.xsd (EX-101.SCH) — 3KB
- fngr-20241216_lab.xml (EX-101.LAB) — 33KB
- fngr-20241216_pre.xml (EX-101.PRE) — 24KB
- fngr-20241216_8k_htm.xml (XML) — 4KB
02 Termination of
Item 1.02 Termination of a Material Definitive Agreement. On December 16, 2024, FingerMotion, Inc. (the "Company") and Univest Securities, LLC ("Univest") mutually agreed to terminate the At-the-Market Issuance Sales Agreement, dated September 11, 2023, between the Company and Univest, effective December 16, 2024. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits (d) Exhibits Exhibit Description 104 Cover Page Interactive Data File (the cover page XBRL tags are embedded within the inline XBRL document) -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. FINGERMOTION, INC. DATE: December 16, 2024 By: /s/ Martin J. Shen Martin J. Shen CEO and Director -3-