Nature's Miracle Holding Inc. Files 8-K for Material Agreement
Ticker: NMHIW · Form: 8-K · Filed: Jul 10, 2024 · CIK: 1947861
| Field | Detail |
|---|---|
| Company | Nature'S Miracle Holding INC. (NMHIW) |
| Form Type | 8-K |
| Filed Date | Jul 10, 2024 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.0001, $11.50, $410,000, $0 |
| Sentiment | neutral |
Sentiment: neutral
Topics: material-agreement, 8-k, company-update
TL;DR
NMHI signed a big deal on July 3rd, filing an 8-K. Details to follow.
AI Summary
Nature's Miracle Holding Inc. entered into a Material Definitive Agreement on July 3, 2024. The company, formerly known as LBBB Merger Corp., is incorporated in Delaware and headquartered in Upland, CA. This filing is a current report under the Securities Exchange Act of 1934.
Why It Matters
This 8-K filing indicates a significant new agreement for Nature's Miracle Holding Inc., which could impact its business operations and financial standing.
Risk Assessment
Risk Level: medium — Material Definitive Agreements can introduce new risks or opportunities, requiring further analysis of the agreement's terms.
Key Numbers
- 001-41977 — SEC File Number (Identifies the company's filing with the SEC)
- 88-3986430 — IRS Employer Identification Number (Company's tax identification number)
Key Players & Entities
- Nature's Miracle Holding Inc. (company) — Registrant
- LBBB Merger Corp. (company) — Former company name
- July 3, 2024 (date) — Date of earliest event reported
- 858 N Central Ave Upland, CA 91786 (address) — Registrant's principal executive office address
FAQ
What is the nature of the Material Definitive Agreement entered into by Nature's Miracle Holding Inc.?
The filing does not specify the details of the Material Definitive Agreement, only that one was entered into on July 3, 2024.
When was Nature's Miracle Holding Inc. formerly known as LBBB Merger Corp.?
The date of the name change from LBBB Merger Corp. to Nature's Miracle Holding Inc. was September 22, 2022.
What is the primary business of Nature's Miracle Holding Inc. according to its SIC code?
The company's Standard Industrial Classification (SIC) code is 3523, which corresponds to FARM MACHINERY & EQUIPMENT.
Where is Nature's Miracle Holding Inc. located?
The company's principal executive offices are located at 858 North Central Avenue, Upland, CA 91786.
What type of filing is this for Nature's Miracle Holding Inc.?
This is a Form 8-K, a Current Report filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 11.8 · Accepted 2024-07-09 17:59:19
Key Financial Figures
- $0.0001 — ch registered Common Stock, par value $0.0001 per share NMHI The Nasdaq Stock Mar
- $11.50 — e Common Stock, at an exercise price of $11.50 per share NMHIW The Nasdaq Stock Ma
- $410,000 — Notes") for aggregate gross proceeds of $410,000. Each of the Agreements contained custo
- $0 — of the Company at a conversion price of $0.442, subject to adjustments. Pursuant
Filing Documents
- ea0209171-8k_natures.htm (8-K) — 30KB
- ea020917101ex10-1_natures.htm (EX-10.1) — 33KB
- ex10-1_001.jpg (GRAPHIC) — 3KB
- 0001213900-24-060195.txt ( ) — 286KB
- nmhi-20240703.xsd (EX-101.SCH) — 4KB
- nmhi-20240703_def.xml (EX-101.DEF) — 26KB
- nmhi-20240703_lab.xml (EX-101.LAB) — 36KB
- nmhi-20240703_pre.xml (EX-101.PRE) — 25KB
- ea0209171-8k_natures_htm.xml (XML) — 6KB
01. Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement On July 3, 2024, Nature's Miracle Holding Inc (the "Company") entered into four convertible note investment agreements (the "Agreements") with certain investors named thereto (the "Investors"), in a private placement (the "Private Placement") of the Company's unsecured convertible notes ("Notes") for aggregate gross proceeds of $410,000. Each of the Agreements contained customary terms, representations and warranties by the parties for offerings of similar sizes. The Notes have an interest of 12% per annum, and a maturity date that is six months from the date of issuance. The Investors may also choose to convert the accumulated principal amount and interest outstanding on the maturity date to shares of the common stock of the Company at a conversion price of $0.442, subject to adjustments. Pursuant to the Agreements, if the Investor elects to receive shares of the Company, the Company agreed that within three business days of such conversion, the Company shall file a registration The foregoing description of the Agreements is a summary and is qualified in its entirety by reference to the form of the Agreement filed herein as Exhibit 10.1 to this Current Report on Form 8-K and incorporated by reference.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Form of Convertible Notes Investment Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
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 hereunto duly authorized. Dated: July 9, 2024 NATURE'S MIRACLE HOLDING INC. By: /s/ Tie (James) Li Name: Tie (James) Li Title: Chief Executive Officer 2