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): January 19, 2016

 

SINO AGRO FOOD, INC.


(Exact Name of Registrant as Specified in Charter)

 

Nevada

 

000-54191

 

33-1219070

(State of incorporation)   (Commission File Number)   (IRS Employer
Identification No.)
     

 

Room 3801, Block A, China Shine Plaza

No. 9 Lin He Xi Road

Tianhe District

Guangzhou City, P.R.C.

 

510610

(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code: (860) 20 22057860

 

Copies to:

 

Sichenzia Ross Friedman Ference LLP

621Broadway, 32nd Floor

New York, NY 10006

Attn. Marc Ross, Esq.

 

 

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 (17 CFR 230.425)

 

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

 

¨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 7.01REGULATION FD DISCLOSURE.

 

On January 19, 2016, Sino Agro Food, Inc. (the “Company”) issued a press release regarding the Company’s receipt of approval for admission to trading of its common shares on the OTC QX U.S. Premier tier, which is scheduled to commence on January 19, 2016. A copy of the Company’s press release is attached hereto as Exhibit 99.1. The Company’s ticker symbol, SIAF, will not change.

 

The information contained in this Current Report shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”) or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

The Securities and Exchange Commission encourages registrants to disclose forward-looking information so that investors can better understand the future prospects of a registrant and make informed investment decisions. This Current Report on Form 8-K and exhibits may contain these types of statements, which are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, and which involve risks, uncertainties and reflect the Registrant’s judgment as of the date of this Current Report on Form 8-K. Forward-looking statements may relate to, among other things, operating results and are indicated by words or phrases such as “expects,” “should,” “will,” and similar words or phrases. These statements are subject to inherent uncertainties and risks that could cause actual results to differ materially from those anticipated at the date of this Current Report on Form 8-K. Investors are cautioned not to rely unduly on forward-looking statements when evaluating the information presented within.

 

This information shall not be incorporated by reference into any registration statement pursuant to the Securities Act. The furnishing of the information in this Current Report on Form 8-K is not intended to, and does not, constitute a representation that such furnishing is required by Regulation FD or that the information contained in this Current Report on Form 8-K constitutes material investor information that is not otherwise publicly available.

 

ITEM 9.01FINANCIAL STATEMENTS AND EXHIBITS.

 

(d) Exhibits.

 

The following exhibit is furnished herewith:

 

Exhibit No.Description
  
99.1Text of press release issued by Sino Agro Food, Inc. on January 19, 2016.

 

 

 

 

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.

 

 

  SINO AGRO FOOD, INC.
     
Date: January 19, 2016 By: /s/ LEE YIP KUN SOLOMON
    Lee Yip Kun Solomon
    Chairman and Chief Executive Officer

 

 

 



 

Exhibit 99.1

 

800px-wide_logo_288-dpi.jpg

 

Sino Agro Food Commences Trading on OTCQX

 

January 19, 2016

 

GUANGZHOU, China-- Sino Agro Food, Inc. or the “Company” (OTCQX: SIAF and OSE: SIAF-ME).

 

The Company is pleased to announce that trading of its common shares commences at market open today, January 19, 2016 on the OTCQX® Best Market in the U.S. under its existing ticker symbol "SIAF.” SIAF upgraded to OTCQX from the OTCQB® Venture Market.

 

The OTCQX® Market is the top tier of the U.S. over-the-counter markets operated by OTC Markets Group. It is reserved for established investor-focused companies meeting high financial and governance standards, and sponsored by professional third party advisors. SIAF has qualified to trade on OTCQX U.S. Premier, for which eligibility standards are higher still. For comparison, as of December 31, 2015, there are 942 companies traded on the OTCQB market and 98 companies traded on OTCQX U.S. Premier, of which only 17 are non-bank companies.

 

With OTCQX admission, OTC Market Group’s Blue Sky Monitoring Service provides SIAF a customized daily audit of the Company’s compliance status in all 50 states. Blue Sky compliance is mandatory for broker-dealers and registered investment advisors to solicit or recommend a security to investors.

 

The Company’s CEO Solomon Lee commented, “I am very pleased to have our Company’s securities traded on the OTCQX U.S. Premier Market tier. Along with our recent admission to the Oslo Bors’ Merkur Market, trading on OTCQX will improve the Company’s ability to attract institutional investors from the U.S. and Europe. By meeting the stricter standards in each aspect of qualification for both venues, the Company creates greater exposure to the investment communities on both sides of the Atlantic, offering improved accessibility and liquidity. We are proud of our story, delivering solid and growing financial returns providing natural, sustainable protein foods in China.”

 

U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for SIAF on www.otcmarkets.com.

 

About Sino Agro Food, Inc.

 

Sino Agro Food develops and operates protein food production facilities in the People’s Republic of China. The Company produces, distributes, markets, and sells sustainable seafood and beef to the rapidly growing middle class in China. Activities also include production of organic fertilizer and produce. The Company is a global leader in developing land based recirculating aquaculture systems (“RAS”), and with its partners is the world’s largest producer of sustainable RAS prawns.

 

Founded in 2006 and headquartered in Guangzhou, the Company had over 550 employees and revenue of $404M in 2014. Operations are located in the provinces of Guangdong, Qinghai, Hunan, and Shanghai.

 

 

 

 

News and information are published on the Company website (www.sinoagrofood.com), the Company’s Facebook page (www.facebook.com/SinoAgroFoodInc), and on Twitter @SinoAgroFood.

  

Forward Looking Statements

 

This release may contain forward-looking statements relating to the business of SIAF and its subsidiary companies. All statements other than historical facts are forward-looking statements, which can be identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions. These statements involve risks and uncertainties that may cause actual results to differ materially from those anticipated, believed, estimated or expected. These risks and uncertainties are described in detail in our filings with the Securities and Exchange Commission. Forward-looking statements are based on SIAF’s current expectations and beliefs concerning future developments and their potential effects on SIAF. There is no assurance that future developments affecting SIAF will be those anticipated by SIAF. SIAF undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required under applicable securities laws.

 

No Offer of Securities

 

None of the information featured in this press release constitutes an offer or solicitation to purchase or to sell any securities of Sino Agro Food, Inc.

 

Contacts

 

Peter Grossman Erik Ahl
Investor Relations Nordic Countries
+1 (775) 901-0344 +46 (0) 760 495 885
info@sinoagrofood.com erik.ahl@sinoagrofood.com

 

 

 

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