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Dividends
9 Months Ended
Mar. 31, 2023
Dividends [Abstract]  
DIVIDENDS

11. DIVIDENDS

 

Dividends payable represent a dividend declared by the Company’s HK subsidiary, Aspire Science, in the year ended June 30, 2020, which was payable to Aspire Science’s then sole stockholder, who is the Company’s chief executive officer. The dividend was declared prior to the transfer of the equity interest in Aspire Science to Aspire Holdings, which subsequently transferred the equity interest to Ispire International. Set forth below is the information relating to the dividend payable at June 30, 2022 and March 31, 2023.

 

   Dividend
Payable
 
As of June 30, 2022  $3,362,639 
Dividends declared   
-
 
Dividends paid   (3,362,639)
As of March 31, 2023  $
-