As filed with the Securities and Exchange Commission on March
4, 2020
Registration No. 333-236616
UNITED STATES
SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
Amendment No. 1 to
FORM F-3
REGISTRATION STATEMENT
UNDER THE SECURITIES ACT OF 1933
Huitao Technology
Co., Ltd.
(Exact name of
registrant as specified in its charter)
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Cayman
Islands
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N/A
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(State
or other jurisdiction of
incorporation or organization)
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(I.R.S.
Employer
Identification Number)
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9 North West Fourth
Ring Road
Yingu Mansion
Suite 1708, Haidian District
Beijing, People’s
Republic of China 100190
(Address, including
zip code, and telephone number, including area code, of registrant’s principal executive offices)
Yang (Sean) Liu
Chief Executive
Officer
Tel: +86 10 82525361
9 North West Fourth
Ring Road
Yingu Mansion
Suite 1708, Haidian District
Beijing, People’s
Republic of China 100190
(Name, address,
including zip code, and telephone number, including area code, of agent for service)
Copies to:
Joan Wu Esq.
Hunter Taubman
Fischer & Li, LLC 1450 Broadway, Floor 26
New York, NY 10018
Tel: (212) 530-2210
Facsimile: (212)
202-6380
Approximate date of commencement of proposed
sale to the public: From time to time after the effective date of the registration statement.
If the only securities being registered
on this Form are being offered pursuant to dividend or interest reinvestment plans, please check the following box. ☐
If any of the securities being registered
on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the
following box. ☒
If this Form is filed to register additional
securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities
Act registration statement number of the earlier effective registration statement for the same offering. ☐
If this Form is a post-effective amendment
filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement
number of the earlier effective registration statement for the same offering. ☐
If this Form is a registration statement
pursuant to General Instruction I.C. or a post-effective amendment thereto that shall become effective upon filing with the Commission
pursuant to Rule 462(e) under the Securities Act, check the following box. ☐
If this Form is a post-effective amendment
to a registration statement filed pursuant to General Instruction I.C. filed to register additional securities or additional classes
of securities pursuant to Rule 413(b) under the Securities Act, check the following box. ☐
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933.
Emerging growth company ☐
If an emerging growth company that prepares
its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended
transition period for complying with any new or revised financial accounting standards† provided pursuant to Section 7(a)(2)(B)
of the Securities Act. ☐
†The term “new or revised
financial accounting standard” refers to any update issued by the Financial Accounting Standards Board to its Accounting
Standards Codification after April 5, 2012.
CALCULATION OF REGISTRATION FEE
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Title
of Each Class of Securities to be Registered(1)
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Amount
to be
Registered(2)
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Proposed
Maximum
Aggregate Price
Per Share(3)
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Proposed
Maximum
Aggregate
Offering Price
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Amount
of
Registration Fee(7)(8)
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Ordinary Shares, $0.001 par
value
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Preferred Shares, $0.001 par value
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Debt Securities(4)
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Warrants(5)
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Units
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Rights(6)
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Total
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$
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50,000,000
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$
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6,490
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(1)
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Securities registered
hereunder may be sold separately, together or as units with other securities registered hereunder.
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(2)
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We are registering
an indeterminate number of Ordinary Shares, par value $0.001 per share (“Ordinary Shares”), preferred shares,
warrants to purchase Ordinary Shares and/or preferred shares and/or units, each of which may be offered from time to time
at prices to be determined at the time of any such offering. The aggregate offering price of these securities will not exceed
$50,000,000. Any securities registered hereunder may be sold separately from, or together in the same offering with, other
securities registered hereunder. In addition, pursuant to Rule 416 under the Securities Act, the shares being registered hereunder
include such indeterminate number of Ordinary Shares and preferred shares as may be issuable with respect to the shares being
registered hereunder as a result of stock splits, stock dividends or similar transactions.
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(3)
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The proposed maximum
aggregate offering price per class of security will be determined from time to time by the Registrant in connection with the
issuance by the Registrant of the securities registered hereunder and is not specified as to each class of security in reliance
on Rule 457(o) under the Securities Act of 1933.
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(4)
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There are also being
registered hereunder an indeterminate principal amount or number of shares of debt securities, preferred shares or ordinary
shares that may be issued upon conversion of, or in exchange for, debt securities or preferred shares registered hereunder
or upon exercise of warrants registered hereunder, as the case may be.
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(5)
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Warrants may represent
rights to purchase debt securities, Ordinary Shares, or other securities registered hereunder.
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(6)
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Consisting of some
or all of the securities listed above, in any combination, including Ordinary Shares, preferred shares, warrants and units.
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(7)
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Calculated pursuant to Rule 457(o) under the
Securities act of 1933, as amended.
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(8)
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Previously paid.
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The Registrant
hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the registrant
shall file a further amendment that specifically states that this registration statement shall thereafter become effective in
accordance with Section 8(a) of the Securities Act of 1933, as amended, or until this registration statement shall become effective
on such date as the Securities and Exchange Commission, acting pursuant to said Section 8(a), may determine.
EXPLANATORY NOTE
The purpose of this
Amendment No. 1 to the Form F-3 is to: (i) amend the cover page to include the calculation of the aggregate market value of our
outstanding voting and non-voting common equity on the prospectus cover page; and (ii) amend the signature block of the Chief
Executive Officer and Chief Financial Officer.
The information
in this prospectus is not complete and may be changed. We may not sell these securities until the registration statement filed
with the Securities and Exchange Commission is effective. This prospectus is not an offer to sell these securities and it is not
soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
SUBJECT TO
COMPLETION, DATED MARCH 4, 2020
PROSPECTUS
Huitao Technology Co., Ltd.
$50,000,000
Ordinary Shares, Preferred Shares, Debt
Securities
Warrants, Units and Rights
We may, from time
to time in one or more offerings, offer and sell up to $50,000,000 in the aggregate of Ordinary Shares, preferred shares, warrants
to purchase Ordinary Shares or preferred shares, debt securities, rights or any combination of the foregoing, either individually
or as units comprised of one or more of the other securities. The prospectus supplement for each offering of securities will describe
in detail the plan of distribution for that offering. For general information about the distribution of securities offered, please
see “Plan of Distribution” in this prospectus.
This prospectus provides
a general description of the securities we may offer. We will provide the specific terms of the securities offered in one or more
supplements to this prospectus. We may also authorize one or more free writing prospectuses to be provided to you in connection
with these offerings. The prospectus supplement and any related free writing prospectus may add, update or change information
contained in this prospectus. You should read carefully this prospectus, the applicable prospectus supplement and any related
free writing prospectus, as well as the documents incorporated or deemed to be incorporated by reference, before you invest in
any of our securities. This prospectus may not be used to offer or sell any securities unless accompanied by the applicable
prospectus supplement.
Pursuant to General
Instruction I.B.5. of Form F-3, in no event will we sell the securities covered hereby in a public primary offering with a value
exceeding more than one-third of the aggregate market value of our Ordinary Shares in any 12-month period so long as the aggregate
market value of our outstanding Ordinary Shares held by non-affiliates remains below $75,000,000. The aggregate market value of
our outstanding voting and non-voting common equity held by non-affiliates is $7,718,855.34 based on the closing price of $1.59
per ordinary share on January 13, 2020 and 4,854,626 ordinary shares held by non-affiliates. During the 12 calendar months prior
to and including the date of this prospectus, we have not offered or sold any securities pursuant to General Instruction I.B.5
of Form F-3.
Our Ordinary Shares
are listed on the Nasdaq Capital Market under the symbol “HHT.” The applicable prospectus supplement will contain
information, where applicable, as to other listings, if any, on the Nasdaq Capital Market or other securities exchange of the
securities covered by the prospectus supplement.
Investing
in our securities involves a high degree of risk. See “Risk Factors” on page 5 of this
prospectus and in the documents incorporated by reference in this prospectus, as updated in the applicable prospectus supplement,
any related free writing prospectus and other future filings we make with the Securities and Exchange Commission that are incorporated
by reference into this prospectus, for a discussion of the factors you should consider carefully before deciding to purchase our
securities.
We may sell these
securities directly to investors, through agents designated from time to time or to or through underwriters or dealers. For additional
information on the methods of sale, you should refer to the section entitled “Plan of Distribution” in this prospectus.
If any underwriters are involved in the sale of any securities with respect to which this prospectus is being delivered, the names
of such underwriters and any applicable commissions or discounts will be set forth in a prospectus supplement. The price to the
public of such securities and the net proceeds we expect to receive from such sale will also be set forth in a prospectus supplement.
Neither the Securities
and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this
prospectus is truthful or complete. Any representation to the contrary is a criminal offense.
The date of this prospectus is March
4, 2020.
SIGNATURES
Pursuant to the requirements
of the Securities Act of 1933, as amended, the registrant certifies that it has reasonable grounds to believe that it meets all
of the requirements for filing on Form F-3/A and has duly caused this registration statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of New York, State of New York, on March 4, 2020.
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HUITAO TECHNOLOGY CO., LTD.
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By:
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/s/
Yang (Sean) Liu
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Name:
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Yang (Sean) Liu
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Title:
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Chief Executive Officer
(Principal Executive Officer)
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By:
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/s/
Lili Jiang
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Name:
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Lili Jiang
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Title:
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Chief Financial Officer
(Principal Financial Officer and
Principal Accounting
Officer)
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