Form 8-K - Current report

 

 

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): November 13, 2023

 

CHINA GREEN AGRICULTURE, INC.

(Exact name of Registrant as specified in charter)

 

Nevada		001-34260		36-3526027
(State or other jurisdiction		(Commission File No.)		(IRS Employer
of Incorporation)				Identification No.)

 

3rd floor, Borough A, Block A. No. 181, South Taibai Road,

Xi’an, Shaanxi province, PRC 710065

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: ([phone]

 

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:

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17CFR230.425)

 

☐	Soliciting material pursuant to Rule14a-12 under the Exchange Act (17CFR240.14a-12)

 

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR240.14d-2(b))

 

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17CFR240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock		CGA		NYSE

 

 

 

 

 

 

ITEM 8.01 Other Events.

 

On November 13, 2023, China Green Agriculture, Inc. (the “Company”) issued a press release announcing that on November 9, 2023 it had received a notice letter from the New York Stock Exchange (“NYSE”) stating that the Company is back in compliance with the NYSE continued listing standards set forth in Section 302 of the NYSE Listing Company Guide. As a result, on November 10, 2023, the Below Compliance (“BC”) indicator had ceased to be disseminated for the Company. The Company will then be removed from the list of issuers noncompliant with NYSE corporate governance listing standards posted on https://www.nyse.com/regulation/noncompliant-issuers and the BC indicator will be removed from the profile, data and news pages of the Company’s security. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.

 

ITEM 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

 

Exhibit No.		Exhibit Description
99.1		Press Release titled “China Green Agriculture Announces Receipt of NYSE Cure Letter”
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

1

 

 

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.

 

	CHINA GREEN AGRICULTURE, INC.
	By:	/s/ Zhuoyu Li
	Name:	Zhuoyu Li
	Title:	Chairman of the Board of Directors, Chief Executive Officer, and President
	Date:	November 13, 2023

 

 

2

 

Exhibit 99.1

 

CHINA GREEN AGRICULTURE ANNOUNCES RECEIPT OF NYSE CURE LETTER

 

November 13, 2023 07:00 ET | Source: China Green Agriculture, Inc.

 

XI’AN, CHINA, Nov. 13, 2023 (GLOBE NEWSWIRE) -- China Green Agriculture, Inc. (NYSE: CGA) (“China Green Agriculture” or the “Company”) announced today that, on November 9, 2023 the Company received a notice letter from the New York Stock Exchange (“NYSE”) stating that the Company is back in compliance with the NYSE continued listing standards set forth in Section 302 of the NYSE Company Guide. The NYSE’s letter comes after the Company held an annual meeting for the fiscal years ended June 30, 2022, and June 30, 2021, resolving the deficiency set forth in NYSE’s July 12, 2023 notification letter.

 

As a result, on November 10, 2023, the Below Compliance (“BC”) indicator had ceased to be disseminated for the Company. The Company will then be removed from the list of issuers noncompliant with NYSE corporate governance listing standards posted on https://www.nyse.com/regulation/noncompliant-issuers and the BC indicator will be removed from the profile, data and news pages of the Company’s security.

 

About China Green Agriculture, Inc

 

The Company produces and distributes humic acid-based compound fertilizers, other varieties of compound fertilizers and agricultural products through its wholly-owned subsidiaries, i.e.: Shaanxi TechTeam Jinong Humic Acid Product Co., Ltd. (“Jinong”), Beijing Gufeng Chemical Products Co., Ltd (“Gufeng”) and variable interest entities. In 2023, the Company started to purchase digital asset mining machines and established Antaeus Tech Inc. (“Antaeus”) in the State of Delaware and mined digital assets bitcoins in the State of Texas. For more information, visit http://www.cgagri.com. The Company routinely posts important information on its website.

 

Safe Harbor Statement

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 concerning the Company’s business, products and financial results. The Company’s actual results may differ materially from those anticipated in the forward-looking statements depending on a number of risk factors including, but not limited to, the following: general economic, business and environment conditions; development, shipment, market acceptance, additional competition from existing and new competitors; interest rate and currency exchange rate fluctuations; the impact of the recent global outbreak of novel coronavirus disease (COVID-19); technological advances, new products attained by competitors; challenges inherent in new product development; the company’s ability to accurately predict future market conditions; manufacturing difficulties or delays; financial instability of economies and sovereign risk; dependence on the effectiveness of the company’s protections for innovative products; the exposure to litigation and/or regulatory actions, and various other factors beyond the Company’s control.

 

All forward-looking statements are expressly qualified in their entirety by this Safe Harbor Statement and the risk factors detailed in the Company’s reports filed with the SEC. China Green Agriculture undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release, except as required by applicable law or regulations. 

 

For more information, please contact:

 

China Green Agriculture, Inc.

Tel: [phone]

Email: [e-mail]

 

Cover	Nov. 13, 2023
Cover [Abstract]
Document Type	8-K
Amendment Flag	false
Document Period End Date	Nov. 13, 2023
Entity File Number	001-34260
Entity Registrant Name	CHINA GREEN AGRICULTURE, INC.
Entity Central Index Key	0000857949
Entity Tax Identification Number	36-3526027
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	3rd floor
Entity Address, Address Line Two	Borough A, Block A
Entity Address, Address Line Three	No. 181, South Taibai Road
Entity Address, City or Town	Xi’an
Entity Address, Country	CN
Entity Address, Postal Zip Code	710065
City Area Code	+86
Local Phone Number	29-88231591
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock
Trading Symbol	CGA
Security Exchange Name	NYSE
Entity Emerging Growth Company	false

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