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 July 2025
TOP KINGWIN LTD
(Exact name of registrant as specified in its charter)
Room 1304, Building No. 25, Tian’an Headquarters
Center, No. 555
North Panyu Avenue, Donghuan Street
Panyu District, Guangzhou,
Guangdong Province, PRC
(Address of Principal Executive Office)
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 ☐
Termination of Securities Purchase Agreement
As previously disclosed, Top KingWin Ltd., a
Cayman Islands exempted company with limited liability (the “Company”), entered into a Securities Purchase
Agreement, dated June 23, 2025 (the “SPA”), with certain institutional purchasers (the
“Purchasers”), pursuant to which the Company sold an aggregate of 3,500,000 of its Class A ordinary shares, par
value US$0.0025 per share (the “Ordinary Shares”), in a registered direct offering at a purchase price of
US$0.4343 per share, for gross proceeds of approximately US$1.52 million (the “Offering”). The Offering closed on
June 26, 2025.
On July 7, 2025, the Company and the
Purchasers entered into a Termination Agreement and Release (the “Termination Agreement”), pursuant to which the
parties agreed to unwind the Offering and terminate the SPA in its entirety. Under the terms of the Termination Agreement, (1) all
of the shares of the Company issued to the Purchasers shall be returned to the Company by way of the Company repurchasing
such Shares in accordance with its articles of association and holding such purchased shares
as treasury shares and canceled in accordance with applicable law; and (2) the Company will pay to each Purchaser the full amount of
the purchase price paid by such Purchaser under the SPA following the repurchase of such shares.
The Termination Agreement includes mutual releases
and provides that neither party admits any liability or wrongdoing. A copy of the Termination Agreement is furnished herewith as Exhibit
99.1 and incorporated herein by reference. The foregoing summary of the terms of the Termination Agreement is subject to, and qualified
in its entirety by such document.
Exhibits
Exhibit No. |
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Description |
99.1 |
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Form of Termination Agreement |
SIGNATURES
Pursuant to the requirements
of the Securities and 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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Top KingWin Ltd. |
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Date: July 7, 2025 |
By: |
/s/ Ruilin Xu |
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Name: |
Ruilin Xu |
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Title: |
Chief Executive Officer |