8-K 1 f8k060616_cleantechsolut.htm CURRENT REPORT

 

 

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): June 6, 2016

 

 

 

CLEANTECH SOLUTIONS INTERNATIONAL, INC.

 

 

 

(Exact name of registrant as specified in Charter)

 

Nevada   001-34591   90-0648920

(State or other jurisdiction of

incorporation or organization)

  (Commission File No.)   (IRS Employee
Identification No.)

 

No. 9 Yanyu Middle Road

Qianzhou Village, Huishan District, Wuxi City

Jiangsu Province, People’s Republic of China

 

(Address of Principal Executive Offices)

 

(86) 51083397559

 

(Registrant’s Telephone number)

 

Copies to:

Asher S. Levitsky PC

Ellenoff Grossman & Schole LLP

150 East 42nd Street

New York, New York 10017

Phone: (212) 370-1300

Fax: (646) 895-7182

E-mail: alevitsky@egsllp.com

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

☐  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))

 

 

 

 

 

 

Item 1.01 Entry Into a Material Definitive Agreement.

 

On June 6, 2016, the Company entered into a stock purchase agreement pursuant to which the Company sold 230,000 shares of common stock at a purchase price of $1.00 per share. The shares were sold pursuant to a prospectus supplement dated June 7, 2016 to the Company’s registration statement on Form S-3, File No. 333-188142. The Company did not engage a placement agent with respect to the sale. The net proceeds received by the Company from the sale of the shares were approximately $225,000. The Company will use the proceeds for working capital and other general corporate purposes. A copy of the form of stock purchase agreement is filed as Exhibit 99.1.

 

Item 7.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

  99.1 Form of stock purchase agreement for the sale of shares pursuant to the prospectus supplement.

 

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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 hereunto duly authorized.

 

Date: June 10, 2016 Cleantech Solutions International, Inc.
     
By: /s/ Jianhua Wu
    Jianhua Wu
    Chief Executive Officer

 

 

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