Current Report · Items 7.01, 9.01 · 8-K
Ankam, Inc.
ANKMOTCEQUITYCurrent
Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure ANKAM, Inc. (OTC: ANKM) ("ANKAM" or the "Company") is filing this Current Report on Form 8-K to correct inaccurate statements made in the media regarding its relationship with T&E Global.…
Disclosure sections
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure
ANKAM, Inc. (OTC: ANKM) ("ANKAM" or the "Company")
is filing this Current Report on Form 8-K to correct inaccurate statements made in the media regarding its relationship with T&E Global.
On or about January 28, 2026, ANKAM became aware of a news article
published on or about January 4, 2026, on New-Reporter.com, which contained inaccurate statements about the Company’s relationship
with T&E Global. The Company promptly investigated and determined that the information originated from an unauthorized press release
issued by T&E Global on or about January 4, 2026. ANKAM did not issue, approve, or authorize the T&E Global press release or the
subsequent news coverage.
ANKAM also issued a corrective press release (the “Corrective
Press Release”) on January 29, 2026, to ensure that investors, stakeholders, and the public receive accurate information regarding
its relationship with T&E Global. The press release reiterates that ANKAM has no current formal business agreements or former relationships
with T&E Global and clarifies the nature of Mr. Wang Wen Lung’s dual ownership.
Clarification of Relationship with T&E Global
ANKAM confirms that T&E Global is not a subsidiary, division, or
core business unit of ANKAM. The only formal connection between ANKAM and T&E Global is that Mr. Wang Wen Lung, ANKAM’s President,
Chief Executive Officer, Chief Financial Officer, and Director, is also the Chief Executive Officer and a major shareholder of T&E
Global. Mr. Wang owns 71.05% of ANKAM’s outstanding shares and 30.4% of T&E Global’s outstanding shares. There are no
other related parties, family members, or affiliates connected to Mr. Wang with relationships to either company.
No Current Transactions or Agreements
ANKAM confirms that there are no current formal business relationships,
contractual agreements, joint operations, or strategic initiatives between ANKAM and T&E Global. The Company has reviewed its records
and confirms that no transactions (including loans, payments, asset transfers, or services) have occurred between the two entities during
the past fiscal year or to date. Any prior discussions regarding potential future opportunities have been preliminary and non-binding.
Preliminary Discussions for Potential Software Services Agreement
ANKAM, a software company specializing in CRM solutions for sales organizations,
confirms it is engaged in initial, preliminary, and non-binding discussions with T&E Global, a direct sales and multi-level marketing
company focused on health, herbal, and supplement products. These discussions explore the potential for T&E Global to utilize ANKAM’s
software service platform to manage its sales operations. The Company emphasizes that these discussions are preliminary, and no binding
contracts, commitments, or formal agreements have been executed. There can be no assurance that these discussions will result in a definitive
agreement or transaction.
Given Mr. Wang Wen Lung’s dual roles as President, CEO, and Director
of ANKAM and CEO and major shareholder of T&E Global, ANKAM has implemented strict protocols to ensure all negotiations are conducted
at arm’s length. Mr. Wang has fully recused himself from all discussions and decision-making processes related to this potential
arrangement, with his recusal documented in board minutes. The board of directors has been briefed on these discussions, and any future
transaction would require further negotiation, due diligence, and approval in accordance with ANKAM’s Related Party Transaction
Policy.
As with any potential transaction, there may be risks and uncertainties,
including those related to regulatory compliance, operational integration, and market conditions.
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Future Transactions and Arm’s-Length Commitments
Should ANKAM and T&E Global explore future transactions, the following
processes will apply:
Any potential transaction will be reviewed and approved by a committee
of the ANKAM board of directors in accordance with ANKAM’s Related Party Transaction Policy.
Third-party valuations or fairness opinions will be sought to ensure
transactions are conducted on arm’s-length terms.
Mr. Wang
will recuse himself from all negotiations, and his recusal will be documented in board minutes.
Conflicts of Interest Policy
ANKAM maintains a formal Related Party Transaction Policy, which requires:
Prior approval of all related party transactions by the board.
Independent
valuation of any material transactions.
Full disclosure of all related party transactions in SEC filings.
The policy applies to all directors, officers, and significant shareholders and is designed to ensure compliance with SEC regulations
and best governance practices.
The policy applies to all directors, officers, and significant shareholders
and is designed to ensure compliance with SEC regulations and best governance practices.
Disclosure and Compliance
ANKAM is committed to full transparency and compliance with SEC regulations.
Any material future transactions with T&E Global will be disclosed in a timely manner via 8-K or 10-Q filings.
Board Oversight
The disclosures in this 8-K have been reviewed and approved by the
ANKM board of directors.
Risk Factors
While Mr. Wang’s dual ownership does not currently present conflicts
of interest, ANKAM acknowledges the potential for perceived governance risks, including investor perceptions of divided loyalty. The Company
is committed to maintaining robust internal controls, independent oversight, and transparency to mitigate these potential risks.
Forward-Looking Statements
This report contains forward-looking statements within the meaning
of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Any statements regarding potential
future transactions between ANKAM and T&E Global are forward-looking and subject to risks, including regulatory approvals, market
conditions, and the Company’s discretion. ANKAM undertakes no obligation to update these statements unless required by law.