Current Report Filing (8-k)
September 13 2016 - 9:01AM
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): September 7, 2016
Kiwa
Bio-Tech Products Group Corporation
(Exact
Name of Registrant as Specified in Charter)
Delaware
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000-33167
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77-0632186
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(State
or Other Jurisdiction
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(Commission
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(IRS
Employer
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of
Incorporation)
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File Number)
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Identification No.)
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310
N. Indian Hill Blvd., #702
Claremont,
California
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91711
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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: (626) 715-5855
(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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[ ]
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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[ ]
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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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[ ]
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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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Item
1.01 Entry into a Material Definitive Agreement.
On
September 7, 2016, Kiwa Bio-Tech Products Group Corporation (OTC: KWBT) (the “Company”) executed an agreement to acquire
a seventy percent (70%) interest in Tangshan Deruifeng Technology Co., Ltd. (“Deruifeng”) for approximately 14,000,000
RMB (approximately US$ 2 million) to be paid 50% in cash (in RMB) and 50% in Kiwa common stock priced at eighty percent (80%)
of the market price of the Company’s stock on the effective date of the agreement. Founded in Jan, 2010 and located in Tangshan
City, Hebei Province in North China, Deruifeng is a new style fertilizer enterprise which has been conducting research and development,
manufacturing and sales. Company management believes that Deruifeng adds significant resources and experience in the development
and marketing of fertilizers in China. Over the past few years, Deruifeng has been one of the principal OEM manufacturers for
Kiwa’s products.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits
None
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:
September 13, 2016
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Kiwa
Bio-Tech Products Group Corporation
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By:
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/s/
Yvonne Wang
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Yvonne
Wang
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Title:
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Chief
Executive Officer
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Kiwa Bio Tech Products (CE) (USOTC:KWBT)
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