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EX-5.1 - CHINACAST EDUCATION CORPv168033_ex5-1.htm
EX-1.1 - CHINACAST EDUCATION CORPv168033_ex1-1.htm
EX-99.1 - CHINACAST EDUCATION CORPv168033_ex99-1.htm
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
______________

FORM 8-K
CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
 
Date of Report (Date of earliest event reported): December 1, 2009
 
CHINACAST EDUCATION CORPORATION
 
(Exact name of registrant as specified in its charter)
 
 
Delaware
000-50550
20-0178991
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)
 
 
Suite 08, 20/F, One International Financial Centre, 1 Harbour View Street,
Central, Hong Kong
(Address of principal executive offices) (Zip Code)
 
Registrants telephone number, including area code: (852) 3960-6506
 
____________________________________
(Former name or former address, if changed since last report)
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
 
 
 
 
 

 
Item 1.01 Entry into a Material Definitive Agreement.
 
On December 1, 2009, ChinaCast Education Corporation (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with Roth Capital Partners, LLC (the “Underwriter”), related to a public offering of 5,930,000 shares of the Company’s common stock, par value $0.0001 per share (the “Common Stock”), at a price of $6.85 per share.  Under the terms of the Underwriting Agreement, the Company has granted the Underwriter an option, exercisable for 30 days, to purchase up to an additional 889,500 shares of Common Stock to cover over-allotments, if any.  The Company estimates that the net proceeds from this offering, after deducting underwriting discounts and commissions and before offering expenses payable by the Company, will be approximately $38,589,475 (or approximately $44,377,896 if the over-allotment option is exercised in full).  The offering is being made pursuant to the Company’s effective registration statements on Form S-3, as amended and supplemented filed with the Securities and Exchange Commission. The Underwriting Agreement is filed as Exhibit 1.1 to this Current Report and the description of the material terms of the Underwriting Agreement is qualified in its entirety by reference to such exhibit.

Item 8.01 Other Events.

On December 1, 2009, the Company issued a press release announcing that it had priced the public offering described in Item 1.01 of this Current Report.  The Company’s press release is filed as Exhibit 99.1 to this Current Report and is incorporated herein by reference.
 
Item 9.01  Financial Statements and Exhibits.
 
(d)           Exhibits
 
Exhibit No.
Description
   
1.1
Underwriting Agreement, dated December 1, 2009.
   
5.1
Opinion of Loeb & Loeb LLP as to the legality of the shares of common stock that were registered on Registration Statement No. 333-153165, as amended and supplemented.
   
99.1
Press Release dated December 1, 2009.
 

 
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 hereunto duly authorized.
 
Dated:  December 1, 2009
CHINACAST EDUCATION CORPORATION
 
       
 
By:
/s/ Ron Chan Tze Ngon  
   
Name: Ron Chan Tze Ngon
 
   
Title:   Chief Executive Officer
 
       
 

 
Exhibit Index
 
Exhibit No.
Description
   
1.1
Underwriting Agreement, dated December 1, 2009.
   
5.1
Opinion of Loeb & Loeb LLP as to the legality of the shares of common stock that were registered on Registration Statement No. 333-153165, as amended and supplemented.
   
99.1
Press Release dated December 1, 2009.