Current Report Filing (8-k)
29 6월 2021 - 9:08PM
Edgar (US Regulatory)
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 24, 2021
Jerash Holdings (US), Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-38474
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81-4701719
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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277 Fairfield Road, Suite 338, Fairfield, NJ
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07004
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number including area
code: (214) 906-0065
(Former name or former address, if changed since
last report)
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:
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Written communications pursuant
to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to
Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications
pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications
pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common stock, par value $0.001 per share
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JRSH
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The NASDAQ Stock Market LLC
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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 June 24, 2021, Jerash Holdings (US), Inc. (the
“Company”), through its wholly owned subsidiary Jerash Garments and Fashions Manufacturing Co., Ltd. (“Jerash Garments”),
entered into a Sale and Purchase Contract (the “Agreement”) with MK Garments MFG Co. Jordan (the “Seller”). Pursuant
to the Agreement, the Seller agreed to sell, and Jerash Garments agreed to purchase, 100% of the ownership interests in Mustafa and Kamal
Ashraf Trading Company (Jordan) for the Manufacture of Ready-Made Clothes LLC for a consideration of $2.8 million. The Agreement contains
customary representations and warranties of Jerash Garments and the Seller, customary conditions to closing, other obligations and rights
of the parties, and termination provisions.
The foregoing description of the Agreement does
not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement, a copy of which is filed herewith
as Exhibit 10.1 and is incorporated by reference herein.
Item 8.01 Other Events.
On June 29, 2021, the Company issued a press
release to announce the entry into the Agreement. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
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.
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JERASH HOLDINGS (US), INC.
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June 29, 2021
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By:
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/s/ Choi Lin Hung
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Choi Lin Hung
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Chairman of the Board of Directors,
Chief Executive Officer, President, and Treasurer
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2
Jerash Holdings US (NASDAQ:JRSH)
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Jerash Holdings US (NASDAQ:JRSH)
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