F-1/A: Tantech Holdings Files Amendment No. 1 to Form F-1 Registration Statement
Amendment to Registration Statement
Tantech Holdings Ltd files Amendment No. 1 to its Form F-1 registration statement with the SEC, primarily to include updated exhibits and correct a typographical error.
Summary
- Tantech Holdings Ltd has filed Amendment No. 1 to its Form F-1 registration statement with the Securities and Exchange Commission on July 22, 2024.
- The amendment primarily includes the filing of Exhibits 23.1, 24.2, and 107, and corrects a typographical error in a director's name.
- The original prospectus, constituting Part I of the Registration Statement, remains unchanged.
- The filing includes consents from YCM CPA, Inc., Campbells, and Zhejiang Zhengbiao Law Firm.
- The filing also includes a calculation of the filing fee, with a total offering amount of $45,372,266.76 and a registration fee of $6,696.95.
- The amendment includes undertakings related to filing post-effective amendments and compliance with the Securities Act of 1933.
- Powers of attorney are provided, authorizing Wangfeng Yan and Weilin Zhang to act on behalf of the directors in connection with the registration statement.
- The registration statement covers 61,313,874 common shares for resale by selling shareholders.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Future Outlook
The approximate date of commencement of the proposed sale to the public is 'As soon as practicable after the effective date of this registration statement.'
Industry Context
This is a standard SEC filing related to the registration of securities for potential sale, a common practice for publicly traded companies.
Stakeholder Impact
- The filing allows existing shareholders to potentially sell their shares.
- The company will not receive any proceeds from the sale of shares by the selling shareholders.
Next Steps
- The SEC will review the amended registration statement.
- The company will proceed with the offering after the registration statement is declared effective.
Key Dates
| Date | Description |
|---|---|
| April 22, 2024 | Date of Securities Purchase Agreement, Registration Rights Agreement, and Placement Agency Agreement |
| April 25, 2024 | Date of Placement Agency Agreement filing |
| April 26, 2024 | Date of Report on Form 6-K filing |
| June 11, 2024 | Date of YCM CPA, Inc. report and filing of annual report on Form 20-F |
| July 10, 2024 | Date used to estimate the registration fee based on the average of the high and low sale prices of the Registrant's Common Shares |
| July 22, 2024 | Date of Amendment No. 1 to Form F-1 filing and Power of Attorney signatures |
Keywords
Form F-1, registration statement, Tantech Holdings, securities, SEC filing, common shares, resale, amendment, power of attorney, filing fee
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