Current Report Filing (8-k)
June 17 2016 - 5:16PM
Edgar (US Regulatory)
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the
Securities
Exchange Act of 1934
Date
of report (Date of earliest event reported): June 13, 2016
CLEANTECH
SOLUTIONS INTERNATIONAL, INC.
(Exact
name of registrant as specified in Charter)
Nevada
|
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001-34591
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90-0648920
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(State
or other jurisdiction of
incorporation
or organization)
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(Commission
File No.)
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(IRS
Employee
Identification No.)
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No.
9 Yanyu Middle Road
Qianzhou
Village, Huishan District, Wuxi City
Jiangsu
Province, People’s Republic of China
(Address
of Principal Executive Offices)
(86)
51083397559
(Registrant’s
Telephone number)
Copies
to:
Asher
S. Levitsky PC
Ellenoff
Grossman & Schole LLP
150
East 42
nd
Street
New
York, New York 10017
Phone:
(212) 370-1300
Fax:
(646) 895-7182
E-mail:
alevitsky@egsllp.com
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant
under any of the following provisions (see General Instruction A.2. below):
☐
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting
material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
☐
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item
1.01 Entry into a Material Definitive Agreement
On
June 13, 2016, Wuxi Huayang Dyeing Machinery Co., Ltd., a variable interest entity whose financial statements are included in
the Company’s consolidated financial statements, entered into an agreement with Chengdu Textile College pursuant to which
Huayang Dyeing will make a one-time payment of RMB 16.0 million, which is approximately $2,500,000, to Chengdu Textile College
for which it will receive title to a utility model patent covering ozone-ultrasonic textile dyeing equipment. Patent No. 201520850086.7
was issued on April 20, 2016 by China’s State Intellectual Property Office and is valid for ten years from the date of issuance.
Item
7.01 Regulation FD Disclosure.
On
June 16, 2016, the Company issued a press release announcing the agreement with Chengdu Textile College. A copy of the press release
is included as Exhibit 99.1.
In
accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including
Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of
1934, as amended, or otherwise subject to the liabilities of that section, and shall not be deemed to be incorporated by reference
into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934,
as amended, whether made before or after the date hereof and regardless of any general incorporation language in such filings,
except to the extent expressly set forth by specific reference in such a filing.
Item
9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1
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Press
release dated June 16, 2016
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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 hereunto duly authorized.
Date: June 17, 2016
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Cleantech Solutions International, Inc.
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By:
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/s/
Jianhua Wu
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Jianhua Wu
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Chief Executive Officer
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