WAVE SYNC CORP. : Entry into a Material Definitive Agreement, Financial Statements and Exhibits (form 8-K)

Item 1.01 Entry into a Material Definitive Agreement.

On August 29, 2022, Wave Sync Corp. (the "Company") entered into a subsequent subscription agreement (the "Subscription Agreement") in connection with its purchase of 33,624 ordinary shares of Archax Holdings Ltd. ("Archax"), a company incorporated under the laws of England and Wales, for an aggregate purchase price of $100,000. This investment is the Company's second equity investment in Archax after its initial purchase of Archax's securities in June 2021 from Hudson Capital USA Inc., which invested in Archax in September 2020.

The foregoing summary of the Subscription Agreement is subject to and qualified in its entirety by the Subscription Agreement, a form of which is filed herein as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

Exhibit
Number    Description
10.1        Subscription Agreement dated August 29, 2022
104       Cover Page Interactive Data File (embedded within the Inline XBRL document)




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