Attached files
| file | filename |
|---|---|
| EX-10.15 - Shiner International, Inc. | v208176_ex10-15.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): January 10,
2011
Shiner
International, Inc.
(Exact Name of Registrant as Specified in Charter)
|
Nevada
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001-33960
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98-0507398
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||
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(State
or Other Jurisdiction
of
Incorporation)
|
(Commission
File
Number)
|
(IRS
Employer
Identification
No.)
|
19/F,
Didu Building, Pearl River Plaza, No. 2 North Longkun Road
Haikou,
Hainan Province, China 570125
(Address
of principal executive offices; zip code)
Registrant’s
telephone number, including area code: 86-898-68581104
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):
|
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
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¨
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
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¨
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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¨
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e 4(c))
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Item
1.01. Entry into a Material
Definitive Agreement.
As
previously disclosed in a Current Report on Form 8-K filed with the Securities
and Exchange Commission on December 29, 2010 (the “Original 8-K”), on December
28, 2010, Shiner International, Inc. (“Shiner” or the “Company”) entered into
one or more Securities Purchase Agreements with a number of accredited investors
in connection with a private placement transaction providing for, among other
things, the issuance of up to 3,333,333 Units, with each Unit consisting of one
Share of the Company’s Common Stock and a Warrant to purchase twenty percent
(20%) of one (1) Share of the Common Stock, at a purchase price of $1.20 per
Unit (the “Offering”). On January 10, 2011, the Company amended
Section 6 of the Securities Purchase Agreements to limit the maximum issuance to
the Investors in the Offering to 19.9% of the total shares of common stock of
the Company outstanding on the date immediately preceding the closing date of
the Offering. The remainder of the Securities Purchase Agreements
remained in full force and effect.
The
foregoing is a brief summary of the Amendment to the Securities Purchase
Agreement. This summary is not complete and is qualified in its
entirety by reference to the full text of the Amendment which is attached as
Exhibit 10.15 to this Current Report on Form 8-K. Readers should review the
Amendment, together with the Securities Purchase Agreement and related documents
set forth in the Original 8-K, for a more complete understanding of the terms
and conditions associated with the Offering.
Item
3.01. Notice
of Delisting or Failure to Satisfy a Continued Listing Rule or Standard;
Transfer of Listing.
Item
9.01. Financial Statements
and Exhibits.
(d) Exhibits
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EXHIBIT NO.
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DESCRIPTION OF EXHIBIT
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10.15
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Amendment
to Securities Purchase Agreement, dated as of January 10, 2011, between
the Company and the Investors
thereto
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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: January
14, 2011
| SHINER INTERNATIONAL, INC. | |||
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|
By:
|
/s/ Qingtao Xing | |
| Qingtao Xing | |||
| President and Chief Executive Officer | |||