Form 8-K - Current report
2023年8月7日 - 7:26PM
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
Form
8-K
Current
Report
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
June
30, 2023
Date
of Report (Date of earliest event reported)
Nova
Vision Acquisition Corp.
(Exact
Name of Registrant as Specified in its Charter)
British
Virgin Islands |
|
001-40713 |
|
N/A |
(State
or other jurisdiction
of
incorporation) |
|
(Commission
File
Number) |
|
(I.R.S.
Employer
Identification
No.) |
2
Havelock Road #07-12
Singapore |
|
059763 |
(Address
of Principal Executive Offices) |
|
(Zip
Code) |
Registrant’s
telephone number, including area code: +65 87183000
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:
☐ |
Written
communications pursuant to Rule 425 under the Securities Act |
|
|
☐ |
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act |
|
|
☐ |
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act |
Securities
registered pursuant to Section 12(b) of the Act:
Title
of each class |
|
Trading
Symbol(s) |
|
Name
of each exchange on which registered |
Units,
each consisting of one Ordinary Share, par value $0.0001 per share, one Redeemable Warrant entitling the holder to purchase one half
of an Ordinary Share, and one Right entitling the holder to receive one-tenth of an Ordinary Share |
|
NOVVU |
|
NASDAQ
Capital Market |
Ordinary
Shares |
|
NOVV |
|
NASDAQ
Capital Market |
Warrants |
|
NOVVW |
|
NASDAQ
Capital Market |
Rights |
|
NOVVW |
|
NASDAQ
Capital Market |
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405)
or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging
growth company ☒
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.
Item
4.02. Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review.
On
June 19, 2023, MaloneBailey, LLP (“MaloneBailey”), the independent registered public accounting firm of Nova Vision
Acquisition Corp. (the “Company”), notified the Company that the Company’s balance sheet as of December 31,
2021 and 2022, and the related statements of operations, statement of changes in shareholders’ equity (deficit), and cash flows
(the “Financial Statements”) included in the Company’s Annual Report on Form 10-K, filed with the Securities
and Exchange Commission (the “SEC”) on March 31, 2023 (the “Form 10-K”) should be restated and should
no longer be relied upon.
Subsequent
to the Company’s filing of the Form 10-K, it was discovered that there are errors in the original valuation of instruments in the
units issued by the Company in its initial public offering, and the Company determined that the errors required adjustment of Financial
Statements. This led to a change in the initial fair value allocation of public shares and a change in the accretion of carrying value
to redemption value. The Company also determined that a change in the value of net cash used in investing and financing activities is
necessary due to redemption of ordinary shares of the Company.
The
Company and MaloneBailey determined that the reporting effects of the above errors had a material impact to the Financial Statements
included in the Form 10-K. As a result, the Financial Statements need to be restated, and the Company filed an Amendment no. 1 to the
Form 10-K ( “Amendment No.1”) with the SEC on June 30, 2023. Subsequently on July 28, 2023, the Company received a
comment letter from the SEC relating to Amendment No.1, in response to which the Company further amended and restated the Form 10-K by
filing an Amendment No.2 to the Form 10-K, to correct a scrivener’s error contained in the audit opinion issued by MaloneBailey
and revise note 3 to the financial statements to discuss the restatement of net cash used in investing and financing activities relating
to the ordinary shares redemption.
The
Company’s management concluded that in light of the errors mentioned above, a material weakness existed in the Company’s
internal control over financial reporting as of December 31, 2022, and the Company’s disclosure controls and procedures were not
effective as of December 31, 2022.
The
Company’s management and its Board of Directors have discussed the matters disclosed in this Current Report on Form 8-K pursuant
to this Item 4.02 with MaloneBailey.
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.
|
Nova
Vision Acquisition Corp. |
|
|
|
Date:
August 7, 2023 |
By: |
/s/
Eric Ping Hang Wong |
|
Name: |
Eric
Ping Hang Wong |
|
Title: |
Chief
Executive Officer |
v3.23.2
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|
Jun. 30, 2023 |
Document Type |
8-K
|
Amendment Flag |
false
|
Document Period End Date |
Jun. 30, 2023
|
Entity File Number |
001-40713
|
Entity Registrant Name |
Nova
Vision Acquisition Corp.
|
Entity Central Index Key |
0001858028
|
Entity Incorporation, State or Country Code |
D8
|
Entity Address, Address Line One |
2
Havelock Road
|
Entity Address, Address Line Two |
#07-12
|
Entity Address, Country |
SG
|
Entity Address, Postal Zip Code |
059763
|
City Area Code |
65
|
Local Phone Number |
87183000
|
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|
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|
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|
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|
Entity Emerging Growth Company |
true
|
Elected Not To Use the Extended Transition Period |
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|
Units, each consisting of one Ordinary Share, par value $0.0001 per share, one Redeemable Warrant entitling the holder to purchase one half of an Ordinary Share, and one Right entitling the holder to receive one-tenth of an Ordinary Share |
|
Title of 12(b) Security |
Units,
each consisting of one Ordinary Share
|
Trading Symbol |
NOVVU
|
Security Exchange Name |
NASDAQ
|
Ordinary Shares |
|
Title of 12(b) Security |
Ordinary
Shares
|
Trading Symbol |
NOVV
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Security Exchange Name |
NASDAQ
|
Warrants |
|
Title of 12(b) Security |
Warrants
|
Trading Symbol |
NOVVW
|
Security Exchange Name |
NASDAQ
|
Rights [Member] |
|
Title of 12(b) Security |
Rights
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Trading Symbol |
NOVVW
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Security Exchange Name |
NASDAQ
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Nova Vision Acquisition (NASDAQ:NOVVU)
過去 株価チャート
から 5 2024 まで 6 2024
Nova Vision Acquisition (NASDAQ:NOVVU)
過去 株価チャート
から 6 2023 まで 6 2024