Graphex Group Ltd. Files Routine 6-K Report

TL;DR

GRPH filed a 6-K, standard procedure for foreign issuers. No major news.

AI Summary

Graphex Group Ltd. filed a Form 6-K on December 3, 2024, reporting for the month of December 2024. The company, formerly known as Earthasia International Holdings Ltd. until July 2, 2020, is based in Hong Kong and operates in the Electrical Industrial Apparatus sector. This filing is routine for foreign private issuers and does not contain specific financial or operational updates beyond its classification.

Why It Matters

This filing indicates Graphex Group Ltd. is fulfilling its reporting obligations as a foreign private issuer. Investors should look for more substantive filings for operational or financial news.

Risk Assessment

Risk Level: low — This is a routine administrative filing by a foreign private issuer and does not contain new material information.

Key Players & Entities

• Graphex Group Limited (company) — Registrant
• Earthasia International Holdings Ltd. (company) — Former company name
• 20241203 (date) — Filing date
• December 2024 (date) — Reporting period
• 001-41471 (other) — SEC File Number

FAQ

Key Financial Figures

• $0 — e ordinary share(s) of the Company of HK$0.01, each in the share capital of the Co
• $0.01 — non-convertible preference shares of HK$0.01 each in the share capital of the Compan
• $30,000,000 — sed share capital of the Company from HK$30,000,000 divided into 2,000,000,000 Shares and 1
• $100,000,000 — Shares, whether issued or unissued to HK$100,000,000 divided into 9,000,000,000 Shares (or 1
• $0.17 — ldquo; Subscription Price ”) of HK$0.17 per Rights Share, to raise approximatel
• $119.7 million — Rights Share, to raise approximately HK$119.7 million by issuing 704,284,056 Rights Shares to
• $4.0 million — e estimated expenses of approximately HK$4.0 million) are estimated to be approximately HK$1
• $115.7 million — on) are estimated to be approximately HK$115.7 million. The Company intends to apply the net
• $57.9 million — s Issue as follows: (1) approximately HK$57.9 million or 50.0% of the maximum net proceeds fo
• $34.7 million — in Laixi, the PRC; (2) approximately HK$34.7 million or 30.0% of the maximum net proceeds fo
• $23.1 million — s of the Group; and (3) approximately HK$23.1 million or 20.0% of the maximum net proceeds as
• $0.170 — Record Date Subscription Price : HK$0.170 per Rights Share Number of Shares in
• $35,214,202.80 — ominal value of the Rights Shares : HK$35,214,202.80 (assuming no change in the number of Sh
• $119.7 — om the Rights Issue : Approximately HK$119.7. million Assuming there is no change

Filing Documents

• form6-k.htm (6-K) — 74KB
• ex99-1.htm (EX-99.1) — 450KB
• ex99-1_001.jpg (GRAPHIC) — 21KB
• ex99-1_002.jpg (GRAPHIC) — 4KB
• ex99-1_003.jpg (GRAPHIC) — 13KB
• ex99-1_004.jpg (GRAPHIC) — 15KB
• 0001493152-24-048526.txt ( ) — 600KB

Signatures

Signatures 6 Exhibit Index 7 Report of a Material Event (1) Proposed Share Consolidation; (2) Proposed Change in Board Lot Size on the Hong Kong Stock Exchange; (3) Proposed Increase in Authorized Share Capital); and (4) Proposed Rights Issue on the Basis of Three Rights Shares For Every One Consolidated Share Held on the Record Date On A Non-Underwritten Basis: Graphex Group Limited (NYSE American: GRFX | HKSE: 6128). Graphex Group Limited (the “ Company ” or “ we ”) is an issuer with its ordinary shares listed on The Stock Exchange of Hong Kong Limited (“ HKSE ”) and American Depository Shares (“ ADSs ”) that are traded on the NYSE American under the trading symbol “GRFX”. Under the Rules Governing the Listing of Securities on the HKSE (“ Listing Rules ”), we are required to publish the announcement (the “ Announcement ”) that is attached as an exhibit to this Report. The Announcement provides certain information regarding the following transactions (collectively, the “ Proposed Transactions ”): (1) a proposed share consolidation of the ordinary shares of the Company (“ Proposed Share Consolidation ”); (2) a proposed change in the lot size for trading on the HKSE (“ Proposed Change in Board Lot Size ”); (3) a proposed increase in the authorized capital of the Company (“ Proposed Increase in Authorized Share Capital ”); (4) a proposed rights issuance to the holders of the ordinary shares of the Company on the basis of three (3) rights shares for every one (1) consolidated share held on the record date of such offering on a non-underwritten basis (“ Proposed Rights Issue ”). The Board of Directors (“ Board ”) of the Company adopted a resolution to approve the Proposed Transactions. Certain material terms of the Proposed Transactions are summarized in this Report, below. Proposed Share Consolidat

SIGNATURES

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. GRAPHEX GROUP LIMTED By: /s/ Andross Chan Andross Chan Chief Executive Officer Date: December 3, 2024 -6- EXHIBIT INDEX Exhibit No. Exhibit 99.1 Announcement dated December 3, 2024 by the Company Regarding the Proposed Transactions -7-

View Full Filing

View this 6-K filing on SEC EDGAR