Color Star Completes Second Closing, Redeems Exchange Note
Ticker: ZNB · Form: 6-K · Filed: Dec 3, 2024 · CIK: 1747661
| Field | Detail |
|---|---|
| Company | Color Star Technology Co., Ltd. (ZNB) |
| Form Type | 6-K |
| Filed Date | Dec 3, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $7.68 million, $7.6 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: transaction, debt-redemption, corporate-action
TL;DR
Color Star closed deal #2 and paid off a note on Nov 25.
AI Summary
Color Star Technology Co., Ltd. announced the consummation of its second closing and the redemption of an Exchange Note on November 25, 2024. The company, formerly known as Huitao Technology Co., Ltd., is incorporated in the Cayman Islands and operates in educational services.
Why It Matters
This filing indicates a significant financial transaction, potentially impacting the company's capital structure and future operations.
Risk Assessment
Risk Level: low — The filing is a routine report of a completed transaction and does not introduce new risks.
Key Players & Entities
- Color Star Technology Co., Ltd. (company) — Registrant
- Huitao Technology Co., Ltd. (company) — Former company name
- November 25, 2024 (date) — Date of second closing and note redemption
FAQ
What was the purpose of the second closing?
The filing does not specify the purpose of the second closing, only that it has been consummated.
What are the terms of the redeemed Exchange Note?
The filing mentions the redemption of an Exchange Note but does not provide details on its terms.
What is the significance of the "second closing" for Color Star Technology?
The filing states the second closing was consummated on November 25, 2024, but does not elaborate on its specific impact or significance.
Has Color Star Technology Co., Ltd. changed its name recently?
Yes, the company was formerly known as Huitao Technology Co., Ltd., with a name change date of July 17, 2019.
Where is Color Star Technology Co., Ltd. headquartered?
The company's principal executive office is located at 80 Broad Street, 5th Floor, New York, NY 10005.
Filing Stats: 440 words · 2 min read · ~1 pages · Grade level 13.4 · Accepted 2024-12-03 16:05:02
Key Financial Figures
- $7.68 million — egate principal amount of approximately $7.68 million (the “ November Notes ”).
- $7.6 million — 24 in the aggregate principal amount of $7.6 million pursuant to certain note exchange agree
Filing Documents
- ea022350701-6k_colorstar.htm (6-K) — 10KB
- 0001213900-24-105039.txt ( ) — 11KB
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: December 3, 2024 COLOR STAR TECHNOLOGY CO., LTD. By: /s/ Louis Luo Name: Louis Luo Title: Chief Executive Officer