Report of Foreign Issuer (6-k)
July 12 2018 - 7:48AM
Edgar (US Regulatory)
UNITED STATES
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 July 2018
Commission File No.: 001-37678
SPI
ENERGY CO., LTD.
Suite 2703, 27/F, China Resources Building
26 Harbour Road, Wan Chai
Hong Kong SAR, China
(Address of Principal Executive Offices.)
Indicate by check mark whether the registrant files or will
file annual reports under cover 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): _____
Entry Into a Material Definitive Agreement
On June 29, 2018, SPI Energy Co., Ltd. ("SPI Energy"
or the "Company") entered into an amendment agreement with respect to the Company’s convertible note financing
from December 2014.
On December 15, 2014, the Company announced that it had
entered into a definitive agreement (the “CB Agreement”) with Union Sky Holdings Group Limited pursuant to
which the Company issued a convertible promissory note with a principal amount of US$20 million to a special purpose
vehicle of Union Sky (the “SPV”) in December 2014. The convertible promissory note had a maturity date of June
28, 2016.
On February 14,2017, the Company announced that it had entered
into an amendment agreement (the “1
st
Amendment”) with the SPV to extend the maturity date of the note,
pursuant to which agreement the repayment of US$6.6 million, US$6.7 million and US$6.7 million of the
principal amount of the note would be due by April 2017, January 2018 and January 2019, respectively.
However, the Company has not made any repayment
pursuant to Amendment No. 1. On June 29, 2018, the Company entered into another amendment agreement (the “2
nd
Amendment”) with the SPV and Magical Glaze Limited (the “MGL”), a company incorporated under the laws of British
Virgin Islands. Pursuant to the 2
nd
Amendment, the SPV has transferred all the rights and obligations under the CB Agreement
and 1
st
Amendment to MGL, and the maturity date of the note was extended. Pursuant to the 2
nd
Amendment,
the repayment of US$6.6 million, US$6.7 million and US$6.7 million of the principal amount of the note
and interest thereon is due by December 2019, June 2020 and December 2020, respectively.
Financial Statements and Exhibits
SIGNATURE
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.
Dated: July 12, 2018
SPI ENERGY CO., LTD.
By:
/s/ Tairan Guo
Name: Tairan Guo
Title: Chief Financial Officer
SPI Energy (NASDAQ:SPI)
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