ReTo Eco-Solutions Files 6-K for Q2 2024
Ticker: RETO · Form: 6-K · Filed: Aug 30, 2024 · CIK: 1687277
| Field | Detail |
|---|---|
| Company | Reto Eco-Solutions, Inc. (RETO) |
| Form Type | 6-K |
| Filed Date | Aug 30, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.10, $1.38, $19,451,376 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 6-K, corporate-filing, foreign-issuer
Related Tickers: RTO
TL;DR
ReTo Eco-Solutions (RTO) filed its Q2 2024 6-K, confirming its BVI incorporation and Beijing HQ.
AI Summary
ReTo Eco-Solutions, Inc. filed a Form 6-K on August 30, 2024, reporting information for the period ending June 30, 2024. The filing indicates the company is a British Virgin Islands business company and provides its principal executive office address in Beijing, China.
Why It Matters
This filing provides an update on ReTo Eco-Solutions' corporate status and reporting for the second quarter of 2024, which is important for investors tracking the company's ongoing operations and disclosures.
Risk Assessment
Risk Level: low — This is a routine filing providing corporate information and not indicating significant financial changes or events.
Key Numbers
- 001-38307 — SEC File Number (Identifies the company's filing history with the SEC.)
Key Players & Entities
- ReTo Eco-Solutions, Inc. (company) — Registrant
- August 30, 2024 (date) — Filing date
- June 30, 2024 (date) — Reporting period end date
- Beijing REIT Technology Development Co., Ltd. (company) — Administrative support
FAQ
What is the primary purpose of this Form 6-K filing?
The Form 6-K is a report of foreign private issuer filed for the month of August 2024, providing information relevant to the period ending June 30, 2024.
Where is ReTo Eco-Solutions, Inc. incorporated?
ReTo Eco-Solutions, Inc. is a British Virgin Islands business company.
What is the principal executive office address for ReTo Eco-Solutions, Inc.?
The principal executive office is located at c/o Beijing REIT Technology Development Co., Ltd., X-702, 60 Anli Road, Chaoyang District, Beijing, People's Republic of China 100101.
What is the SEC file number for ReTo Eco-Solutions, Inc.?
The SEC file number for ReTo Eco-Solutions, Inc. is 001-38307.
Does ReTo Eco-Solutions, Inc. file annual reports under Form 20-F or 40-F?
The company indicates it files annual reports under Form 20-F.
Filing Stats: 587 words · 2 min read · ~2 pages · Grade level 12.6 · Accepted 2024-08-30 17:10:48
Key Financial Figures
- $0.10 — 14,095,200 Class A shares, par value US$0.10 per share, of the Company (the "Class A
- $1.38 — f the Company (the "Class A Shares") at $1.38 per share for an aggregate of purchase
- $19,451,376 — e for an aggregate of purchase price of $19,451,376. The Securities Purchase Agreement con
Filing Documents
- ea0213079-6k_retoeco.htm (6-K) — 18KB
- ea021307901ex10-1_retoeco.htm (EX-10.1) — 72KB
- 0001213900-24-074619.txt ( ) — 187KB
- reto-20240630.xsd (EX-101.SCH) — 3KB
- reto-20240630_def.xml (EX-101.DEF) — 6KB
- reto-20240630_lab.xml (EX-101.LAB) — 8KB
- reto-20240630_pre.xml (EX-101.PRE) — 5KB
- ea0213079-6k_retoeco_htm.xml (XML) — 1KB
From the Filing
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of August 2024 Commission file number: 001-38307 RETO ECO-SOLUTIONS, INC. (Registrant's name) c/o Beijing REIT Technology Development Co., Ltd. X-702, 60 Anli Road, Chaoyang District, Beijing People's Republic of China 100101 (Address of principal executive office) Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F. Form 20-F Form 40-F INFORMATION CONTAINED IN THIS REPORT ON FORM 6-K On August 30, 2024, ReTo Eco-Solutions, Inc., a British Virgin Islands business company (the "Company"), entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain purchasers ("Purchasers") listed on the signature pages thereto (the "Purchasers"), in connection with the issuance and sale (the "Private Placement") of an aggregate of 14,095,200 Class A shares, par value US$0.10 per share, of the Company (the "Class A Shares") at $1.38 per share for an aggregate of purchase price of $19,451,376. The Securities Purchase Agreement contains customary representations, warranties and agreements by the Company and the Purchasers, and indemnification obligations of the Company against certain liabilities, including for liabilities under the Securities Act of 1933, as amended (the "Securities Act"). The foregoing description of the Securities Purchase Agreement does not purport to be complete and is qualified in its entirety by the full text of that agreement, the form of which is attached hereto as Exhibit 10.1. The sale of the Class A Shares is being made pursuant to the provisions of Regulation S promulgated under the Securities Act. On the same day, the parties closed the Private Placement. The Company intends to use the net proceeds from the Private Placement for future mergers and acquisitions and working capital purposes. On August 30, 2024, the Company engaged Jaash Investment Limited, a company organized under the laws of Hong Kong (the "Financial Advisor"), for consulting services in connection with the Private Placement and agreed to issue 1,268,568 Class A Shares to the Financial Advisor as consideration for its services within 5 business days after the closing of the Private Placement. The 1,268,568 Class A Shares were issued pursuant to Section 4(a)(2) of the Securities Act on the closing date of the Private Placement. INCORPORATION BY REFERENCE This Report on Form 6-K shall be deemed to be incorporated by reference into each of (i) the registration statement on Form F-3, as amended (File No. 333-267101 ), of the Company, (ii) the registration statement on Form S-8, as amended (File No. 333-270355 ), of the Company, (iii) the registration statement on Form S-8, as amended (File No. 333-264499 ), and (iv) the registration statement on Form S-8 (File No. 333-280119 ), of the Company and to be a part thereof from the date on which this Report on Form 6-K is furnished, to the extent not superseded by documents or reports subsequently filed or furnished. EXHIBIT INDEX Exhibit No. Description 10.1 Form of Securities Purchase Agreement by and between the Company and the Purchasers listed on the signature pages thereto 104 Cover Page Interactive Data File (formatted as inline XBRL) 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, thereunto duly authorized. Date: August 30, 2024 RETO ECO-SOLUTIONS, INC. By: /s/ Hengfang Li Name: Hengfang Li Title: Chief Executive Officer 2