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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

 

Date of Report (Date of earliest event reported): May 21, 2024

UNITED EXPRESS INC.

(Exact name of registrant as specified in its charter)

 

Nevada 82-1965608
(State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.)

 

Commission File No. 333-227194

  

4345 W. Post Road Las VegasNevada 89118

(Address of Principal Executive Offices)

 

(949350-0123

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changes 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 (17 CFR 230.425)

 Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act: 

Title of each class Trading Symbol(s) Name of each exchange on which registered
 Common Shares UNXP OTC Markets 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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. 

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Item 4.02 Non-Reliance on Previously Issued Financial Statements or a Related Audit Report or Completed Interim Review

As a result of a review of our company’s transactions, due to a comment from the Securities and Exchange Commission and subsequent to our filing of a Form 10-Q for the interim period ended December 31, 2023, we identified certain errors that have a material impact on our previously issued financial information contained in the Form 10-Q for the period ended December 31, 2023, initially filed with the Securities and Exchange Commission in February 12, 2024.

In performing this review our company discovered that certain note disclosure to our interim financial statements had material changes that were required. This pertained to footnote disclosure in regards to our acquisition of Jebour Two Ltd and its wholly owned subsidiary, Fighting Leagues LV Inc. We accounted for the acquisition as a business combination as opposed to an asset acquisition and have reconsidered the determination of whether Jebour Two is considered a business pursuant to ASC 805-10-55-3A through 55-9 given that the license issued by the Nevada State Athletic Commission was the key material asset of the acquisition.

We have discussed these issues with our independent accountants and are working with them to ensure additional reviews of our proposed amended disclosure.

Our company plans to file a further amendment to the Quarterly Report on Form 10-Q for the period ended December 31, 2023, in order to accurately disclose the impact on the quarterly period. 

 

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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 hereunto duly authorized.

 

  UNITED EXPRESS INC.
   

Dated: May 22, 2024

By: /s/ Ralph White
  Ralph White
  Director

 

 

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May 21, 2024
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Document Type 8-K
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Document Period End Date May 21, 2024
Entity File Number 333-227194
Entity Registrant Name UNITED EXPRESS INC.
Entity Central Index Key 0001751707
Entity Tax Identification Number 82-1965608
Entity Incorporation, State or Country Code NV
Entity Address, Address Line One 4345 W. Post Road
Entity Address, City or Town  Las Vegas
Entity Address, State or Province NV
Entity Address, Postal Zip Code 89118
City Area Code 949
Local Phone Number 350-0123
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Pre-commencement Issuer Tender Offer false
Title of 12(b) Security Common Shares
Trading Symbol UNXP
Entity Emerging Growth Company true
Elected Not To Use the Extended Transition Period false

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