SGOC SGOCO Group Ltd

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D. C. 20549

 

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

Pursuant to Rule 13 a -16 or 15 d -16 under the
Securities Exchange Act of 1934

 

For the month of November 2017

 

Commission File Number: 1-35016

 

SGOCO Group, Ltd.

 

Unit 1614, North Tower,

Concordia Plaza

No 1 Science Museum Road

Tsim Sha Tsui East, Kowloon

Hong Kong

(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: 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): ¨

 

This report is hereby incorporated by reference to the Registration Statement on Form F-3 (File No. 333-176437) of the Company.

   

 

 

 

INFORMATION CONTAINED IN THIS FORM 6-K REPORT

 

On November 13, 2017, SGOCO Group, Ltd. (the “Company”), entered into a Stock Purchase Agreement (the “Stock Purchase Agreement”) with each of Alan Sun and Victor Or, unaffiliated third parties (together, the “Investors”), pursuant to which the Company sold to Mr. Sun and Mr. Or 1,950,000 and 364,500 shares of its ordinary stock, par value $0.004 per share (the “Shares”), respectively, at a per share purchase price of $0.80, for aggregate proceeds of $1,851,600. The Shares were offered and sold by the Company to the Investors in a series of private transactions pursuant to the exemption from registration provided by Regulation S promulgated under the Securities Act of 1933, as amended.

 

The description of the Stock Purchase Agreement contained in this Report on Form 6-K does not purport to be complete and is qualified in its entirety by reference to the full text of the form of Stock Purchase Agreement which is filed herewith as Exhibit 10.1, and incorporated herein by reference.

 

 

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 thereunto duly authorized.

 

	SGOCO Group, Ltd.
Date:  November 14, 2017	By:	/s/ Shi-bin Xie
	Shi-bin Xie
	President and Chief Executive Officer

 

 

 

 

 

Exhibit Index

 

Exhibit Number		Description
10.1		Form of Stock Purchase Agreement.