Form 8-K - Current report
09 2월 2024 - 6:05AM
Edgar (US Regulatory)
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0001106644
0001106644
2024-02-02
2024-02-02
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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):
February 2, 2024
CHINA PHARMA HOLDINGS, INC.
(Exact name of Registrant as specified in charter)
Nevada |
|
001-34471 |
|
73-1564807 |
(State or other jurisdiction |
|
(Commission File No.) |
|
(IRS Employer |
of Incorporation) |
|
|
|
Identification No.) |
Second Floor, No. 17, Jinpan Road
Haikou, Hainan Province, China 570216
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including
area code: +86 898-6681-1730 (China)
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:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425) |
☐ |
Soliciting material pursuant to Rule14a-12 under the Exchange Act (17CFR240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c)) |
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 |
|
CPHI |
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NYSE American |
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 1.01 Entry into a Material Definitive Agreement.
On February 2, 2024, Hainan Helpson Medical &
Biotechnology Co., Ltd (“Helpson”), a wholly owned subsidiary of China Pharma Holdings, Inc. (the “Company”),
entered into a Technology Transfer Agreement (the “Agreement”) with Lihua Li (the “Transferor”).
The Transferor owns an invention patent of a pharmaceutical composition for treatment of psoriasis (the “Invention Patent”).
Pursuant to the Agreement, the Transferor will transfer the ownership of the Invention Patent to Helpson. The Transferor or its designated
third party shall provide relevant technical services in Haikou, which include but are not limited to product research and development,
writing of registration materials, registration application.
The aggregate transfer price as contemplated by
the Agreement is $1.50 million, which will be paid to the Transferor and his two designees in the form of common stock of the Company
at $0.10 per share. During ten years since the product launches to the market, if and only if the product generates profit, Helpson shall
pay 10% of the net profit of the sales in cash on an annual basis to the Transferor.
The foregoing descriptions of the Agreement are
summaries of the material terms of such documents, do not purport to be complete and are qualified in their entirety by reference to the
Agreement.
Item 3.02 Unregistered Sales of Equity Securities.
The information contained in Item 1.01 of this
Current Report on Form 8-K in relation to the issuance of the Company’s securities mentioned above is incorporated herein by reference.
The Company is to issue an aggregate of 15,000,000 restricted shares of common stock to the Transferor
and his two designees in connection with the technology transfer, each receiving 5,000,000 restricted shares.
The Company’s securities mentioned above,
if and when issued, will not be registered under the Securities Act as amended (the “Securities Act”), or the
securities laws of any state, and are being offered and issued in reliance on the exemption from registration under the Securities Act
afforded by Regulation S promulgated thereunder for the issuance of the shares to the person who is a non-U.S. person as the securities
are being issued to the person through an offshore transaction which was negotiated and consummated outside the United States.
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.
Dated: February 8, 2024
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CHINA PHARMA HOLDINGS, INC. |
|
|
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By: |
/s/ Zhilin Li |
|
|
Name: |
Zhilin Li |
|
|
Title: |
President and Chief Executive Officer |
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v3.24.0.1
Cover
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Feb. 02, 2024 |
Cover [Abstract] |
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Document Type |
8-K
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Amendment Flag |
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Document Period End Date |
Feb. 02, 2024
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Entity File Number |
001-34471
|
Entity Registrant Name |
CHINA PHARMA HOLDINGS, INC.
|
Entity Central Index Key |
0001106644
|
Entity Tax Identification Number |
73-1564807
|
Entity Incorporation, State or Country Code |
NV
|
Entity Address, Address Line One |
Second Floor
|
Entity Address, Address Line Two |
No. 17, Jinpan Road
|
Entity Address, Address Line Three |
Haikou
|
Entity Address, City or Town |
Hainan Province
|
Entity Address, Country |
CN
|
Entity Address, Postal Zip Code |
570216
|
City Area Code |
86
|
Local Phone Number |
898-6681-1730
|
Written Communications |
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Pre-commencement Tender Offer |
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Pre-commencement Issuer Tender Offer |
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Title of 12(b) Security |
Common Stock
|
Trading Symbol |
CPHI
|
Security Exchange Name |
NYSEAMER
|
Entity Emerging Growth Company |
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China Pharma (AMEX:CPHI)
과거 데이터 주식 차트
부터 9월(9) 2024 으로 10월(10) 2024
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과거 데이터 주식 차트
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