# EDGAR Filing Document

**Accession Number:** 0001527762
**File Stem:** 0001104659-23-000905
**Filing Date:** 2023-1
**Character Count:** 8094
**Document Hash:** b382d4404637e17c642169e96b455d05
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001104659-23-000905.hdr.sgml**: 20230104

**ACCESSION NUMBER**: 0001104659-23-000905

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20230104

**FILED AS OF DATE**: 20230104

**DATE AS OF CHANGE**: 20230104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Mercurity Fintech Holding Inc.
- **CENTRAL INDEX KEY:** 0001527762
- **STANDARD INDUSTRIAL CLASSIFICATION:** SERVICES-COMPUTER PROCESSING & DATA PREPARATION [7374]
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-36896
- **FILM NUMBER:** 23507571

**BUSINESS ADDRESS:**
- **STREET 1:** ROOM 003, FLOOR 15, BUILDING NO.1 B
- **STREET 2:** NO. 38 ZHONGGUANCUN AVENUE
- **CITY:** HAIDIAN DISTRICT, BEIJING
- **STATE:** F4
- **ZIP:** 100086
- **BUSINESS PHONE:** (8610) 6266 8858

**MAIL ADDRESS:**
- **STREET 1:** ROOM 003, FLOOR 15, BUILDING NO.1 B
- **STREET 2:** NO. 38 ZHONGGUANCUN AVENUE
- **CITY:** HAIDIAN DISTRICT, BEIJING
- **STATE:** F4
- **ZIP:** 100086

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JMU Ltd
- **DATE OF NAME CHANGE:** 20161230

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Wowo Ltd
- **DATE OF NAME CHANGE:** 20110810

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 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 January 2023

**Commission File Number: 001-36896**

**Mercurity Fintech Holding Inc.**

(Exact name of registrant as specified in its charter)

**Room 1215, FIYTA Technology Building**

**Gaoxin South, Road One**

**Nanshan District, Shenzhen 518000**

**Guangdong Province, People's Republic of China**

(Address of Principal Executive Offices)

Indicate by check mark whether the registrant files or will file annual reports under cover 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): ◻

**Note** : Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

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): ◻

**Note**: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant's "**home country**"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

**EXHIBIT INDEX**

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| [Exhibit 99.1](tm231635d1_ex99-1.htm) | [Press Release](tm231635d1_ex99-1.htm) |

---

**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, thereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **Mercurity Fintech Holding Inc.** | **Mercurity Fintech Holding Inc.** |
|  | By: | /s/ Shi Qiu |
|  | Name: | Shi Qiu |
|  | Title: | Chief Executive Officer |
| Date: January 4, 2023 |  |  |

---

## Exhibit 99.1

**Exhibit 99.1**

**Mercurity Fintech Holding Inc. Board Approved Proposals, Including Share Consolidation and ADR Ratio Change** 

**The Share Consolidation and Change of the ADR ratio**

The Board approved the proposal on the share consolidation to the authorized share capital (the "Share Consolidation") at a ratio of four hundred (400)-for-one (1) with the par value of each ordinary share changed to US$0.004 per ordinary share. Following the Share Consolidation, the authorized share capital of the Company will be US$250,000 divided into 62,500,000 ordinary shares with a par value of US$0.004 each (the "Ordinary Share"). Further, as approved by the Board, the Company will effect a simultaneous change of the American Depositary Receipts ("ADRs") to ordinary share ratio from 1-to-360 to 1-to-1 (the "ADR Ratio Change").

The exact timing of the Share Consolidation and ADR Ratio Change, and additional details and instructions for registered shareholders regarding the Share Consolidation, will be communicated by the Company in a press release and other documentation to be issued at a later date.

**The Transfer of the Register of Members of the Company**

The Board approved the transfer of the register of members of the Company from Maples Corporate Services Limited to VStock Transfer, LLC, which will act as the transfer agent of the Company's ordinary shares, upon the suspension of the Company's ADRs program and the commencement of trading the Company's ordinary shares.

**The Termination of the Deposit Agreement.** 

The Board approved to terminate the Deposit Agreement, as amended (the "Deposit Agreement") effective on February 28, 2023, by and among the Company, Citibank, N.A., and the holders and beneficial owners of American Depositary Shares outstanding under the terms of the Deposit Agreement dated as of April 13, 2015 and as amended.

"The Share Consolidation, the ADR Ratio Change and termination of the ADR program are all positive from our company's perspective," said Shi Qiu, the Company's Chief Executive Officer. "This will likely save our company a significant cost, solidify our place in the U.S. capital markets, allow for more transparent oversight and compliance with the U.S. Securities and Exchange Commission, NASDAQ, and other U.S. regulators, and provide a broader range of capital opportunities and potential partnerships in the future. All of these factors combined to make this a relatively easy decision for our Board of Directors, as the benefits from the Share Consolidation, the ADR Ratio Change and termination of the ADR program would potentially make our company more attractive to investors and a more solid choice for similar firms looking to collaborate on projects in the coming years."

**About Mercurity Fintech Holding Inc.**

***Forward-Looking Statements***

*This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.*

**For more information, please contact:**

International Elite Capital Inc. <br> Vicky Chueng

Tel: +1(646) 866-7989 <br> Email: mfhfintech@iecapitalusa.com