0001104659-19-074615.txt : 20191220 0001104659-19-074615.hdr.sgml : 20191220 20191220063015 ACCESSION NUMBER: 0001104659-19-074615 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20191219 ITEM INFORMATION: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing FILED AS OF DATE: 20191220 DATE AS OF CHANGE: 20191220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CHINA HGS REAL ESTATE INC. CENTRAL INDEX KEY: 0001158420 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 330961490 STATE OF INCORPORATION: F4 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34864 FILM NUMBER: 191297623 BUSINESS ADDRESS: STREET 1: 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY: SHAANXI STATE: F4 ZIP: 723000 BUSINESS PHONE: 8609162622612 MAIL ADDRESS: STREET 1: 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY: SHAANXI STATE: F4 ZIP: 723000 FORMER COMPANY: FORMER CONFORMED NAME: CHINA AGRO SCIENCES CORP. DATE OF NAME CHANGE: 20060504 FORMER COMPANY: FORMER CONFORMED NAME: M GAB DEVELOPMENT CORP DATE OF NAME CHANGE: 20010830 8-K 1 tm1926759d1_8k.htm FORM 8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934

Date of Report (Date of Earliest Event Reported): December 19, 2019

CHINA HGS REAL ESTATE INC.

(Exact name of registrant as specified in its charter)

Florida

(State or other jurisdiction of incorporation)

001-34864	33-0961490
(Commission File Number)	(IRS Employer Identification No.)

6 Xinghan Road, 19th Floor, Hanzhong City

Shaanxi Province, PRC 723000

(Address of principal executive offices and zip code)

(+86) 091-62622612

(Registrant's telephone number including area code)

(Registrant's former name or former address, if changed since last report)

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.001 par value	HGSH	The NASDAQ Capital Market

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 3.01. Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

On June 21, 2019, China HGS Real Estate, Inc. (the “Company”) received a letter from Nasdaq that, based on the previous 30 consecutive business days, the Company’s common stock no longer met the minimum $1.00 bid price per share requirement. Therefore, in accordance with Nasdaq’s Listing Rules, the Company was provided 180 calendar days, or until December 18, 2019, to regain compliance. The Company’s common stock has not regained compliance with the minimum $1.00 bid price per share requirement. However, on December 19, 2019, Nasdaq determined that the Company is eligible for an additional 180 calendar day period, or until June 15, 2020, to regain compliance.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

	CHINA HGS REAL ESTATE, INC.

	By:	/s/ Samuel Shen
	Name:	Samuel Shen
	Title:	Chief Financial Officer

Dated: December 20, 2019