Report of Foreign Issuer (6-k)
December 17 2018 - 4:11PM
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
December 2018
Commission File Number: 001-35681
AMIRA NATURE
FOODS LTD
(Exact name of Registrant as specified in
its Charter)
29E, A.U. Tower Jumeirah Lake Towers
Dubai, United Arab Emirates
(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)) ¨
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Item
3.01
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Notice
of Failure to Satisfy a Continued Listing Rule or Standard.
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As set forth in the
press release attached hereto as Exhibit 99.1, Amira Nature Foods Ltd. (the “Company”), a British Virgin Islands business
company announced that
NYSE Regulation, Inc., by letter dated November 16, notified the Company
that its Ordinary Shares did not satisfy one of the standards for continued listing on the New York Stock Exchange (the “NYSE”).
The NYSE requires a listed company’s stock to maintain an average closing price per share in excess of $1.00 for a consecutive
30-trading-day period. As of November 13, 2018, the average closing price per share of the Company’s Ordinary Shares over
the preceding 30-trading-day period was
$0.99.
Under
the NYSE’s rules, the Company has a period of six months, subject to possible extension, to bring its share price and 30-trading-day
average share price back over $1.00. The Company’s Ordinary Shares will continue to be listed and traded on the NYSE during
this period, subject to the Company’s compliance with other continued listing standards of the NYSE. The Company plans to
notify the NYSE that it anticipates that this deficiency will be cured and that it will return to compliance with the NYSE’s
minimum share price continued listing standard.
The NYSE notification has no impact
on the Company’s business operations.
FORWARD-LOOKING STATEMENTS
This Form 6-K Report by Amira Nature Foods,
Ltd, (the “Company”) contains statements of a forward-looking nature. These statements are made under the “safe
harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements
by words or phrases such as “may,” “will,” “except,” “anticipate,” “aim,”
“estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “future”
or other similar expressions. We have based these forward-looking statements largely on the Company’s current expectations
and projections about future events and financial trends that the Company believes may affect the Company’s financial condition,
results of operations, business strategy and financial needs. There is no assurance that the Company’s current expectations
and projections are accurate. These forward-looking statements include, but are not limited to risks and uncertainties involving
the Company including that: (i) the Company’s intends to satisfy the NYSE’s standard listing deficiency, (ii) under
NYSE rules, the Company has six months from receipt of the notification to comply with the NYSE listing standards; (iii) that the
Company can regain compliance at any time during this six-month period by b
ringing its share
price and 30-trading-day average share price back over $1.00
; (iv) that the Company’s shares will continue to be listed
on the NYSE, subject to compliance with other continued listing requirements, and (v) that the Company will remain listed on the
NYSE are forward-looking statements within the meaning of the Safe Harbor. All forward-looking statements in this press release
are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties
and other factors that may cause the Company’s actual results to differ materially from those implied by the forward-looking
statements. More detailed information about these risk factors are set forth in the Company’s filings with the Securities
and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled “Risk
Factors,” in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission on October
16, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible
for the Company’s management to predict all risk factors, nor can the Company assess the impact of all factors on Company’s
business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained
in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements
except as required under applicable law.
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.
Date: December 17, 2018
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AMIRA NATURE FOODS LTD
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By:
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/s/ Karan Chanana
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Name:
Title:
Date:
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Karan Chanana
Chief Executive Officer
December 17, 2018
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