Nature's Miracle Enters Material Definitive Agreement

TL;DR

NMHI signed a big deal on 9/24, details TBD.

AI Summary

Nature's Miracle Holding Inc. (NMHI) entered into a material definitive agreement on September 24, 2024. The filing does not disclose specific details of the agreement or any associated dollar amounts. The company, formerly LBBB Merger Corp., is incorporated in Delaware and its fiscal year ends on December 31.

Why It Matters

This filing indicates a significant new contract or partnership for Nature's Miracle Holding Inc., which could impact its future business operations and financial performance.

Risk Assessment

Risk Level: medium — The lack of specific details regarding the material definitive agreement introduces uncertainty about its terms and potential impact.

Key Players & Entities

• Nature's Miracle Holding Inc. (company) — Registrant
• LBBB Merger Corp. (company) — Former company name
• September 24, 2024 (date) — Date of earliest event reported
• September 30, 2024 (date) — Filing date

FAQ

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
• $2,713,073 — a trade payable in the amount equal to $2,713,073 as of June 30, 2024. Pursuant to the Tr
• $2,135,573 — standing trade payable in the amount of $2,135,573, leaving a remaining balance of $577,50
• $577,500 — 135,573, leaving a remaining balance of $577,500 still payable by Visiontech to Uninet.

Filing Documents

• ea0216002-8k_natures.htm (8-K) — 31KB
• ea021600201ex10-1_natures.htm (EX-10.1) — 17KB
• 0001213900-24-083360.txt ( ) — 268KB
• nmhi-20240924.xsd (EX-101.SCH) — 4KB
• nmhi-20240924_def.xml (EX-101.DEF) — 26KB
• nmhi-20240924_lab.xml (EX-101.LAB) — 36KB
• nmhi-20240924_pre.xml (EX-101.PRE) — 25KB
• ea0216002-8k_natures_htm.xml (XML) — 6KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On September 24, 2024, Nature's Miracle Holding Inc. (the "Company") entered into a trade payable forgiveness agreement (the "Trade Payable Forgiveness Agreement") with Visiontech Group, Inc., a California corporation ("Visiontech"), Uninet Global Inc. ("Uninet"), Nature's Miracle, Inc., a Delaware corporation and wholly owned subsidiary of the Company ("NMHI (DE)"), relating to the cancellation of a portion of outstanding trade payables owed by Visiontech to Uninet. Visiontech owed Uninet a trade payable in the amount equal to $2,713,073 as of June 30, 2024. Pursuant to the Trade Payable Forgiveness Agreement, Uninet agreed to cancel the outstanding trade payable in the amount of $2,135,573, leaving a remaining balance of $577,500 still payable by Visiontech to Uninet. Zhiyi (Jonathan) Zhang, the President, Director, and beneficial owner of approximately 21% of the Company's outstanding shares of common stock, is also the sole owner of Uninet. The foregoing description of the Trade Payable Forgiveness Agreement is not intended to be complete and is qualified in its entirety by reference to the full text of the Trade Payable Forgiveness Agreement, a copy of which is filed as Exhibits 10.1 hereto and incorporated by reference herein.

01. Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 10.1 Trade Payable Forgiveness Agreement dated as of September 24, 2024, by and between Nature's Miracle Holding Inc., Visiontech Group, Inc., Uninet Global Inc., and Nature's Miracle, Inc. 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: September 30, 2024 NATURE'S MIRACLE HOLDING INC. By: /s/ Tie (James) Li Name: Tie (James) Li Title: Chief Executive Officer 2

View Full Filing

View this 8-K filing on SEC EDGAR