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pursuant to Rule 424(b)(5)
(To Prospectus dated September 6, 2018, as amended)
are providing 6,950,000 of our strange shares, no par worth, on to sure institutional traders at a worth of $3.60 per share
pursuant to this prospectus complement and the accompanying prospectus. In a concurrent non-public placement, we’re additionally promoting to the
traders warrants to buy an mixture of as much as 6,950,000 of our strange shares. The warrants are exercisable instantly as of
the date of issuance at an train worth of $3.60 per share and expire 5 and a half years from the date of issuance. The warrants
and the strange shares issuable upon the train of the warrants are usually not being registered below the Securities Act of 1933, as amended,
or the Securities Act, pursuant to the registration assertion of which this prospectus complement and the accompanying prospectus type
an element and are usually not being supplied pursuant to this prospectus complement and the accompanying prospectus. The warrants and the strange
shares issuable upon the train of the warrants are being supplied pursuant to an exemption from the registration necessities of the
Securities Act supplied in Part 4(a)(2) of the Securities Act and/or Rule 506(b) of Regulation D.
strange shares are listed on the NASDAQ Capital Market below the image “MYT.” On April 28, 2021, the closing sale worth
of our strange shares was $2.90 per share.
have retained Maxim Group LLC to behave as our unique placement agent in reference to this providing to make use of its “cheap finest
efforts” to solicit provides to buy our securities. The position agent just isn’t buying or promoting any of our securities supplied
pursuant to this prospectus complement or the accompanying prospectus. See “Plan of Distribution” starting on web page S-12
of this prospectus complement for extra info relating to these preparations.
in our securities entails a excessive diploma of threat. You can purchase our securities provided that you possibly can afford an entire lack of your
funding. See “Threat Elements” starting on web page S-4 of this prospectus complement and on web page S-1 of the
the Securities and Alternate Fee (the “Fee” or “SEC”) nor any state securities fee has accepted
or disapproved of those securities or handed upon the adequacy or accuracy of this prospectus complement or the accompanying prospectus.
Any illustration on the contrary is a prison offense.
|Placement Agent’s Charges (1)||$||0.252||1,751,400|
|Proceeds, earlier than bills, to us||$||3.348||23,268,600|
pays the location agent a charge equal to the sum of seven.0% of the mixture buy worth
paid by the traders positioned by the location agent. Now we have additionally agreed to reimburse the
Placement Agent $5,000 for non-accountable bills and as much as $40,000 for the cheap
and accounted charges and bills of authorized counsel. For extra details about
the compensation paid to the location agent, see “Plan of Distribution” starting
on web page S-12 of this prospectus complement.
count on that supply of the securities being supplied pursuant to this prospectus complement and the accompanying prospectus will likely be made
on or about April 30, 2021, topic to customary closing circumstances.
date of this prospectus complement is April 28, 2021
ought to rely solely on the data contained on this prospectus complement and the accompanying prospectus. Now we have not licensed anybody
else to offer you extra or completely different info. We’re providing to promote, and looking for provides to purchase, securities solely in
jurisdictions the place provides and gross sales are permitted. You shouldn’t assume that the data on this prospectus complement or the accompanying
prospectus is correct as of any date aside from the date on the entrance of these paperwork or that any doc integrated by reference
is correct as of any date aside from its submitting date.
motion is being taken in any jurisdiction exterior america to allow a public providing of the strange shares or possession
or distribution of this prospectus complement or the accompanying prospectus in that jurisdiction. Individuals who come into possession of
this prospectus complement or the accompanying prospectus in jurisdictions exterior america are required to tell themselves
about and to look at any restrictions as to this providing and the distribution of this prospectus complement and the accompanying prospectus
relevant to that jurisdiction.
for the fiscal yr ended June 30, 2020, filed with the SEC on October 30, 2020;
Present Experiences on Type 6-Okay, as amended, filed with the SEC on , , , , , , , , , , and ; and
|●||the outline of our
strange shares integrated by reference in our registration assertion on , as amended (File No. 001-35755) filed with
the SEC on June 1, 2015, together with any modification and report subsequently filed for the aim of updating that description.
additionally incorporate by reference all extra paperwork that we file with the SEC pursuant to Sections 13(a), 13(c), 14 or 15(d) of the
Alternate Act which can be filed after the submitting date of the registration assertion of which this prospectus complement is part and prior
to effectiveness of that registration assertion. We’re not, nonetheless, incorporating, in every case, any paperwork or info that
we’re deemed to “furnish” and never file in accordance with SEC guidelines.
request, we are going to present, with out cost, to every one who receives this prospectus, a replica of any or the entire paperwork integrated
by reference (aside from displays to the paperwork that aren’t particularly integrated by reference within the paperwork). Please direct
written or oral requests for copies to us at Huakun Instances Plaza, Room 1118, Ground 11, No. 200, Erduan, East Xiang Fu Highway, Yuhua District,
Changsha, Folks’s Republic of China, Consideration: Lengthy Yi, +86 511-8673-3102.
ought to rely solely on the data integrated by reference or supplied on this prospectus complement or the accompanying prospectus.
Now we have not licensed anybody else to offer you completely different info. You shouldn’t assume that the data on this prospectus
complement or the accompanying prospectus is correct as of any date aside from the date on the entrance web page of these paperwork.