Business Context and Reporting Period
This Form 8-K Current Report was filed by Code Chain New Continent Limited (formerly TMSR Holding Company Limited) on May 18, 2020. The report details a corporate name change and corresponding updates to the company's Articles of Incorporation and Bylaws, effective as of the filing date.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current report regarding corporate governance changes and does not contain financial statements or performance metrics.
Material Changes
- Corporate Name: Changed from "TMSR Holding Company Limited" to "Code Chain New Continent Limited."
- Trading Symbol: Common stock now trades on the Nasdaq Capital Market under the ticker "CCNC" (previously TMSR).
- CUSIP Number: The new CUSIP for common stock is 19200A105.
- Warrant Updates: Warrants to purchase one-half of one share at $2.88 per half share ($5.75 per whole share) now trade on the OTC Pink Market under the ticker "CCNCW" with CUSIP 19200A113.
- Corporate Documents: The Board approved an amendment and restatement of the Bylaws to reflect the name change.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for future guidance, management outlook, specific risks, or contingencies. The report focuses solely on the administrative execution of the name and symbol change, which was approved by the Board and majority stockholders via written consent on April 1, 2020.
Investor Verification Checklist
- Verify the new ticker symbol "CCNC" on the Nasdaq Capital Market.
- Confirm the new CUSIP number 19200A105 for common stock holdings.
- Check the OTC Pink Market for the new warrant ticker "CCNCW" and CUSIP 19200A113.
- Review the attached Certificate of Amendment (Exhibit 3.1) and Amended and Restated Bylaws (Exhibit 3.2) for full legal details.
- Confirm that existing stock certificates remain valid and do not require exchange.