Report of Foreign Issuer (6-k)
February 10 2017 - 8:01AM
Edgar (US Regulatory)
U.S. SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of February 2017
Commission File Number: 001-36885
TANTECH HOLDINGS LTD
Tantech Holdings Ltd
c/o Zhejiang Tantech Bamboo Technology Co.,
Ltd
No. 10 Chen Shan Road, Shuige Industrial
Zone
Lishui City, Zhejiang Province 323600
+86-578-226-2305
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will
file annual reports under cover of Form 20-F or Form 40-F.
Form
20-F
x
Form
40-F
¨
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
¨
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
¨
Explanatory Note:
On February 9, 2017, Tantech Holdings Ltd (the “Registrant”)
entered into a Convertible Note Agreement with ARC Capital Ltd. to secure a loan for $2,000,000, which loan can be converted into
the Company’s ordinary shares after six months following the effective date, at a conversion price which is 85% of the 15
trading day average closing price of the Company’s ordinary shares prior to the date of Tantech receiving Notice of Conversion
by Note Holder. The conversion price shall, under no circumstances, be lower than the average closing price of the 10 trading days
prior to the date of signing of this Agreement.The term of the loan is one year and the interest rate is 7% per annum payable at
the maturity date, which rate can be increased to 10% per annum subject to the agreement stated. A copy of the Agreement is attached
as Exhibit 99.1.
SIGNATURES
Pursuant to the requirements of the Securities and Exchange
Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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TANTECH HOLDINGS LTD
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By:
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/s/ Zhengyu Wang
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Name: Zhengyu Wang
Title: Chief Executive Officer
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Dated: February 10, 2017
Exhibit Index
99.1. Convertible Note Agreement dated
February 9, 2017.
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