Color Star Technology Enters Material Agreement

TL;DR

Color Star Tech signed a big deal on Sept 27th, details to follow.

AI Summary

On September 27, 2024, Color Star Technology Co., Ltd. entered into a material agreement. The company, formerly known as Huitao Technology Co., Ltd., is headquartered at 80 Broad Street, 5th Floor, New York, NY 10005.

Why It Matters

The entry into a material agreement is a significant event that could impact the company's future operations and financial performance.

Risk Assessment

Risk Level: medium — The filing indicates a material agreement was entered into, but the specifics and implications are not yet detailed, introducing uncertainty.

Key Players & Entities

• Color Star Technology Co., Ltd. (company) — Filer and party to the agreement
• September 27, 2024 (date) — Date of material agreement entry
• Huitao Technology Co., Ltd. (company) — Former name of Color Star Technology Co., Ltd.
• 80 Broad Street, 5th Floor, New York, NY 10005 (location) — Principal executive office address

FAQ

Key Financial Figures

• $7.6 million — egate principal amount of approximately $7.6 million (the “ Initial Notes ”), ha
• $1.60 — inary Shares, with an exercise price of $1.60 per Ordinary Share (the “ Initial
• $7,000,000 b — roceeds to the Company of approximately $7,000,000 before deducting placement agent fees and
• $1.33 million — . The Company allocated approximately $1.33 million from the net proceeds of the Offering f
• $1,100,000, b — LLC in the original principal amount of $1,100,000, bearing a simple interest rate of 8% per
• $32,000,000 — of the Company shall be altered from US$32,000,000 divided into (i) 700,000,000 Class A Or
• $0.04 — s A Ordinary Shares of a par value of US$0.04 each, and (ii) 100,000,000 Class B Ordi
• $10 — s A Ordinary Shares of a par value of US$10 each and 400,000 Class B Ordinary Share

Filing Documents

• ea0216412-6k_colorstar.htm (6-K) — 48KB
• ea021641201ex5-1_colorstar.htm (EX-5.1) — 35KB
• ea021641201ex99-1_colorstar.htm (EX-99.1) — 169KB
• ea021641201ex99-2_colorstar.htm (EX-99.2) — 127KB
• ea021641201ex99-3_colorstar.htm (EX-99.3) — 284KB
• ea021641201ex99-4_colorstar.htm (EX-99.4) — 80KB
• ea021641201ex99-5_colorstar.htm (EX-99.5) — 11KB
• ex5-1_001.jpg (GRAPHIC) — 14KB
• 0001213900-24-084455.txt ( ) — 776KB

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. Dated: October 2, 2024 COLOR STAR TECHNOLOGY CO., LTD. By: /s/ Louis Luo Name: Louis Luo Title: Chief Executive Officer 5

View Full Filing

View this 6-K filing on SEC EDGAR