SEC Filing Summary: American Lorain Corporation (8-K)
Business Context and Reporting Period
This Form 8-K was filed on April 19, 2018, by American Lorain Corporation (Nevada), reporting a material event that occurred on April 14, 2018. The registrant is headquartered in Shandong, China.
Key Financial Metrics
The filing details a private placement financing event rather than periodic financial performance metrics. Key transaction figures include:
- Total Investment: Approximately $1.6 million.
- Shares Issued: 9,050,000 shares of common stock.
- Price Per Share: $0.18.
- Investors: Eight individuals residing in the People's Republic of China.
The filing text does not provide clear values for revenue, profit, cash flow, margins, debt, or liquidity positions.
Material Changes
The primary material change is the entry into a Securities Purchase Agreement and the unregistered sale of equity securities. This transaction increases the company's share count and capital base.
Guidance, Outlook, and Management Commentary
Management indicated that the proceeds from the financing are expected to be used for general corporate purposes. The agreement includes customary representations, warranties, and closing conditions. No specific financial guidance or risk factors beyond standard transaction terms were disclosed in this report.
Investor Verification Checklist
- Verify the closing of the $1.6 million financing and receipt of funds.
- Confirm the issuance of 9,050,000 shares and the updated capitalization table.
- Review the specific terms of the Securities Purchase Agreement for any restrictive covenants.
- Monitor subsequent filings for the actual deployment of proceeds for "general corporate purposes."