Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
2022年4月8日 - 9:12PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF
FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR
15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
For the month of April 2022
Commission
File Number: 001-38657
LAIX Inc.
Building C2, No. 1687 Changyang Road, Yangpu District
Shanghai, 200090
Peoples Republic of China
(Address of principal executive offices)
Indicate by check mark whether
the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
LAIX Inc. Receives Delisting Notice from the New York Stock Exchange
On April 7, 2022, LAIX Inc. (the Company) was notified by the New York Stock Exchange (NYSE) that the staff of
NYSE Regulation has determined to commence proceedings to delist the American depositary shares of the Company (the ADSs), each representing fourteen (14) Class A ordinary shares of the Company. Trading in the Companys
ADSs was suspended after the market close on the NYSE on April 7, 2022.
NYSE Regulation reached its decision to delist the
Companys ADSs pursuant to Section 802.01B of the NYSEs Listed Company Manual because the Company had fallen below the NYSEs continued listing standard requiring listed companies to maintain an average global market
capitalization over a consecutive 30 trading day period of at least US$15,000,000.
The Company has a right to a review of this
determination by a Committee of the Board of Directors of the NYSE. The NYSE will apply to the Securities and Exchange Commission (SEC) to delist the Companys ADSs upon completion of all applicable procedures, including any appeal
by the Company of the NYSE Regulations decision.
The Company expects to apply for quotation of its ADSs on an appropriate tier of
the OTC Markets. This delisting and transition to the OTC Markets will not change the Companys obligation to file annual reports and certain other reports with the SEC under the applicable federal securities laws. The Company cautions the
reader to read this Form 6-K in its entirety and refer to the Companys press releases and reports filed with the SEC, including the risks and uncertainties discussed therein, before making any investment
decision.
SIGNATURE
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, thereunto duly authorized.
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LAIX Inc. |
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By : |
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/s/ Bing Sun |
Name: |
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Bing Sun |
Title: |
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Chief Financial Officer |
Date: April 8, 2022
LAIX (NYSE:LAIX)
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