Gushen, INC. (GSHN)

[MegaDeath]

FORM 8-K out

Item 8.01. Other Events

On March 14, 2021, Gushen, Inc. (“GSHN”) entered into a non-binding letter of intent to consummate a potential share exchange with Dyckmanst Limited, a company organized under the laws of the British Virgin Islands (the “Acquiree Company”) and its shareholders. The Acquiree Company, through its variable interest entity in China, Beijing Zhuoxun Century Culture Communication Co., Ltd. (“Beijing Zhuoxun”), is engaged in platform business of onsite and online family education. The Acquiree Company’s equity valuation is estimated to be no more than US$ 100 million, subject to completion of due diligence.

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