0001144204-18-065007.txt : 20181218 0001144204-18-065007.hdr.sgml : 20181218 20181218060706 ACCESSION NUMBER: 0001144204-18-065007 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20181218 FILED AS OF DATE: 20181218 DATE AS OF CHANGE: 20181218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AIRMEDIA GROUP INC. CENTRAL INDEX KEY: 0001413745 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-ADVERTISING AGENCIES [7311] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33765 FILM NUMBER: 181239323 BUSINESS ADDRESS: STREET 1: 17/F, SKY PLAZA, NO.46 DONGZHIMENWAI ST. STREET 2: DONGCHENG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100027 BUSINESS PHONE: (86-10) 8438-6868 MAIL ADDRESS: STREET 1: 17/F, SKY PLAZA, NO.46 DONGZHIMENWAI ST. STREET 2: DONGCHENG DISTRICT CITY: BEIJING STATE: F4 ZIP: 100027 6-K 1 tv509363_6k.htm 6-K

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934

For the month of December 2018

 

 

 

Commission File Number: 001-33765

 

 

 

AIRMEDIA GROUP INC.

 

17/F, Sky Plaza
No. 46 Dongzhimenwai Street
Dongcheng District, Beijing 100027
The People’s Republic of China
(Address of principal executive offices)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

 

     
Form 20-F þ   Form 40-F o
     

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): o

 

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): o

 

 

 

 

 

 

 

SIGNATURE

 

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.

 

  AIRMEDIA GROUP INC.
 
  By:  

/s/ Herman Man Guo

    Name:   Herman Man Guo
    Title:   Chairman and Chief Executive Officer

 

Date: December 18, 2018

 

 

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
         
  99.1    

Press Release

 

 

 

EX-99.1 2 tv509363_ex99-1.htm EXHIBIT 99.1

 

Exhibit 99.1

 

AirMedia updates on Mr. Herman Man Guo's Share Purchase Plan

 

BEIJING, Dec. 17, 2018 /PRNewswire/ -- AirMedia Group Inc. ("AirMedia" or the "Company") (Nasdaq: AMCN), an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market, today announced that its Chairman and Chief Executive Officer Herman Man Guo had proceeded with his previously announced share purchase plan (the "Share Purchase Plan"), which was previous announced by the Company on March 28, 2018 and updated on September 28, 2018. As of December 14, 2018, Mr. Guo had purchased an aggregate of 228,352 American depositary shares (ADSs) over the period of Dec. 7, 2018 to Dec. 14, 2018 at an average purchase price of approximately US$0.25 per ADS.

 

Furthermore, Mr. Guo had advised the Company that future purchases under the Share Purchase Plan would be made by either Mr. Guo, or members of his family, or investment vehicles that are wholly owned and controlled by Mr. Guo and/or members of his family, in accordance with AirMedia's insider trading policy.

 

"Despite the tough economic situation, I believe our business is strong in fundamentals and financials. Our business development is on track and I have strong confidence in the growth prospects of the Company," remarked by Mr. Guo.

 

About AirMedia Group Inc.

 

Incorporated in 2007 and headquartered in Beijing, China, AirMedia Group Inc. (AMCN) is an operator of out-of-home advertising platforms in China targeting mid-to-high-end consumers as well as a first-mover in the travel Wi-Fi market. AirMedia sells advertisements on the routes operated by several Chinese airlines and at Sinopec's service stations in China. AirMedia also has concession rights to operate the Wi-Fi systems on trains administered by eight railway administrative bureaus in China as well as on many long-haul buses in China. For more information, please visit http://www.airmedia.net.cn.

 

Forward-Looking Statements

 

This announcement contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact in this announcement are forward-looking statements, including but not limited to, the Company's business strategies and initiatives as well as the Company's business plans; the Company's future business development, results of operations and financial condition; expected changes in the Company's revenue and certain cost or expense items; trends and competition in China; general economic and business conditions in China; and other risks detailed in the Company's filings with the Securities and Exchange Commission. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results.

 

 

 

 

For more information, please contact:

 

Company Contact: 
Yan Liu   
Director, Investor Relations   
AirMedia Group Inc.   
Tel: +86-10-8460-8678    
Email: ir@ihangmei.com

 

Investor Contact:  
Tina Xiao  
President   
Ascent Investor Relations LLC   
Phone: +1-917-609-0333   
Email: tina.xiao@ascent-ir.com