Company: KPEA
Filing Date: 2025-07-03
Form Type: 8-K
Source: 0001641172-25-017710
Chunk: 0

Company: Kun Peng International Ltd.
Filing Date: 2025-07-03
Form: 8-K
Item: Item 1.01
Chunk 0
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Item
1.01 Entry into a Material Definitive Agreement.

On
June 10, 2025, King Eagle (China) Co., Ltd. (“ King Eagle China”), Kun Peng International Ltd.’s wholly foreign owned
enterprise (“ WFOE”), King Eagle (Tianjin) Technology Co., Ltd. (“ King Eagle Tianjin”), and the shareholders of
King Eagle Tianjin (the “ Original Shareholders”) entered into an agreement (the “ Termination Agreement”) to terminate
certain previous agreements consisting of a Business Operation Agreement, a Proxy Agreement, an Equity Disposal Agreement, and an Equity
Pledge Agreement (the “ Original VIE Agreements”). The Original VIE Agreements, along with an Exclusive Consultation and Service
Agreement, which was amended on March 1, 2024, established King Eagle Tianjin as a variable interest entity and allowed King Eagle China
to control and receive the economic benefits of King Eagle Tianjin’s business operations. The Original VIE Agreements were terminated
due to the transfers by one of the Original Shareholders of his equity interests in King Eagle Tianjin.

On
the same date, King Eagle China, King Eagle Tianjin, and the shareholders of King Eagle Tianjin, including the transferees of the Original
Shareholder who transferred his equity interests, entered into new VIE Agreements (the “ New VIE Agreements”) consisting
of a Business Operation Agreement, an Agency Agreement, an Equity Disposal Agreement, and an Equity Pledge Agreement. The originally
executed Exclusive Consultation and Service Agreement, as amended, remains in effect. The New VIE Agreements, along with the Exclusive
Consultation and Service Agreement, continue King Eagle Tianjin’s status as a variable interest entity and allow King Eagle China
to control and receive the economic benefits of King Eagle Tianjin’s business operations.

The
foregoing descriptions of the Termination Agreement and the New VIE Agreements do not purport to be complete and are qualified
in their entireties by reference to the full texts of those agreements, which are filed as Exhibits 99.1 through 99.5 to this
Current Report on Form 8-K and are incorporated herein by reference.

Forward-Looking
Statements

Matters
discussed in this report may constitute forward-looking statements. Forward-looking statements include statements concerning plans, objectives,
goals, strategies, future events or performance, and underlying assumptions and other statements, other than statements of historical