IMTE Intergrated Media Technology Ltd

 

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

 

Dated August 2, 2022

 

Commission File Number: 001-38018

 

 

 

 

Integrated Media Technology Limited

(Exact Name as Specified in its Charter)

 

 

N/A

(Translation of Registrant's Name)

 

Level 7, 420 King William Street

Adelaide SA 5000

(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   ☒      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):   ☐

 

 

 

OTHER EVENTS

 

On July 29, 2022, the Board of Integrated Media Technology Limited (“IMTE” or “Company”) approved the fund raising of US$3.2 million for the development of Halal projects, air filter operation and working capital. In this connection, on August 2, 2022, the Company entered into private placing agreements with 4 investors outside the United States to subscribe a total of 2,539,682 shares in the Company at a price of US$1.26 per share for a total raise of US$3.2 million.  

 

In addition, the investor will also receive a warrant representing 100% of the subscription amount, raising an additional US$3.2 million if all the warrants are exercised. The warrants are for a term of 2 years from the date of the Agreement and can be exercised at US$1.26 for each share. Under the warrant agreement, the warrant holder cannot exercise the warrant to subscribe for shares in the Company if such exercise would take the warrant holder over 4.99% shareholding in the Company.

 

 

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.

 

Dated: August 2, 2022

 

	Integrated Media Technology Limited
	By:	/s/ Xiaodong Zhang
	Name:	Xiaodong Zhang
	Title:	Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit		Description of Exhibit
99.1		Private Placing Agreement

 

 

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