Item 8.01 Other Events.
On April 11, 2023, Merion, Inc. (the "Merion") entered into a Letter of Intent
(the "LOI") with Ares Pink Corporation, a Delaware corporation ("Ares Pink"), a
copy of which is attached hereto as Exhibit 10.1. Ares Pink is in the business
of electric vehicles. Pursuant to LOI, Merion will enter into a business
combination with Ares Pink ("Acquisition"). The LOI is not a binding agreement
as it is subject to the definitive documentation to effect the Acquisition that
is mutually acceptable to both parties, except for the provisions under the
headings of "Confidentiality", "Expenses", "Announcements", "Exclusivity", and
"Governing Law Dispute Resolution and Jurisdiction" of the LOI, which are
binding.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
Exhibits
Number Description
10.1 Letter of Intent dated April 11, 2023
104 Cover Page Interactive Data File (embedded within the Inline
XBRLdocument).
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