Business Context and Reporting Period
This Form 8-K Current Report was filed by IT Tech Packaging, Inc. (formerly Orient Paper, Inc.) on July 30, 2018. The report details a corporate name change effective August 1, 2018, executed via a short-form merger with a wholly-owned Nevada subsidiary. The company is incorporated in Nevada and maintains principal executive offices in Baoding City, People's Republic of China.
Key Financial Metrics
This filing is a current report regarding a corporate governance event and does not contain financial statements. Consequently, the filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity.
Material Changes
- Corporate Name: Changed from "Orient Paper, Inc." to "IT Tech Packaging, Inc."
- Trading Symbol: Common stock will trade under the new NYSE symbol "ITP".
- CUSIP Number: Updated to 46527C100.
- Legal Structure: The change was effected through a merger where the parent company was the surviving entity; stockholder approval was not required under Nevada Revised Statutes Section 92A.180.
Outlook, Risks, and Management Commentary
Management confirmed that the merger and name change do not affect the rights of security holders. Existing stock certificates reflecting the prior corporate name remain valid, and new certificates will be issued as old ones are tendered for exchange or transfer. A press release announcing the change was issued on August 1, 2018. No specific risks, contingencies, or unusual items were disclosed in this filing.
Investor Verification Checklist
- Verify the new ticker symbol "ITP" on the NYSE.
- Confirm the new CUSIP number 46527C100 for trading and settlement purposes.
- Review the Articles of Merger (Exhibit 3.1) to confirm the legal details of the name change.
- Check with the transfer agent regarding the timeline for exchanging old stock certificates for new ones.