Report of Foreign Issuer Pursuant to Rule 13a-16 or 15d-16 (6-k)
April 05 2023 - 4:06PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 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 April 2023
ANTELOPE
ENTERPRISE HOLDINGS LTD.
(Translation
of registrant’s name into English)
Room
1802, Block D, Zhonghai International Center,
Hi-Tech
Zone, Chengdu, Sichuan Province, PRC
Telephone
+86 (28) 8532 4355
(Address
of Principal Executive Office)
Indicate
by check mark whether the registrant files or will file annual reports under cover of Form 20-F or 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): ☐
Entry
into a Material Agreement
On
March 30, 2023, Antelope Enterprise Holdings Limited (the “Company”) entered into a certain securities purchase
agreement (the “SPA”) with five sophisticated investors (collectively, the “Purchasers”), pursuant
to which the Company agreed to sell 5,681,820 Class A ordinary shares, (the “Shares”), no par value (the “Ordinary
Shares”), at a per share purchase price of $0.88 (the “Offering”).
Upon
closing of this offering, these two beneficial owners of the Purchasers will have approximately 15.15% of the total voting power
of the Company, and the Company’s CEO and Chairman, Weilai (Will) Zhang, will have about 52.13% of the total voting
power of the Company.
The
gross proceeds to the Company from this Offering are approximately $5 million, before deducting any fees or expenses. The Company plans
to use the net proceeds from this Offering for the general corporate purpose.
The
parties to the SPA have each made customary representations, warranties and covenants. The Shares will issued to Purchasers upon
satisfaction of all closing conditions, including but not limited to the completion of the NASDAQ’s review of listing of additional
shares.
The
issuance of the Shares is in reliance on exemption from registration contained in Section 4(a)(2) of the Securities Act of 1933, as amended.
The
form of the SPA is filed as Exhibit 10.1 to this Current Report on Form 6-K and such document is incorporated herein by reference. The
foregoing is only a brief description of the material terms of the SPA, and does not purport to be a complete description of the rights
and obligations of the parties thereunder and is qualified in its entirety by reference to such exhibit.
SUBMITTED
HEREWITH
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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ANTELOPE ENTERPRISE HOLDINGS LTD. |
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By: |
/s/
Hen Man Edmund |
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Hen Man Edmund |
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Chief Financial Officer |
Date:
April 5, 2023
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