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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
June 27, 2008
China Pharma Holdings, Inc
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(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
000-29532 73-1564807
(Commission File Number) (IRS Employer Identification Number)
2nd Floor, No. 17, Jinpan Road
Haikou, Hainan Province, China
(Address of Principal Executive Offices)
86-898-66811730
(Registrant's telephone number, including area code)
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 under the Exchange Act (17 CFR
240.14a-12)
[ ] 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))
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This Form 8-K and other reports filed by China Pharma Holdings Inc. (the
"Company") from time to time with the Securities and Exchange Commission
(collectively the "Filings") contain forward looking statements and information
that are based upon beliefs of, and information currently available to, the
Company's management as well as estimates and assumptions made by the Company's
management. When used in the Filings the words "anticipate", "believe",
"estimate", "expect", "future", "intend", "plan" or the negative of these terms
and similar expressions as they relate to the Company's or the Company's
management identify forward looking statements. Such statements reflect the
current view of the Company with respect to future events and are subject to
risks, uncertainties, assumptions and other factors relating to the Company's
industry, operations and results of operations and any businesses that may be
acquired by the Company. Should one or more of these risks or uncertainties
materialize, or should the underlying assumptions prove incorrect, actual
results may differ significantly from those anticipated, believed, estimated,
expected, intended or planned.
Item 3.02 Unregistered Sales of Equity Securities
On June 24, 2008, the Company issued to FirsTrust Group, Inc. three-year
warrants to purchase 75,000 shares of the Company's common stock at $2.8 per
share and three-year warrants to purchase 75,000 shares of the Company's common
stock at $3.6 per share. The Company issued these warrants as equity
compensation under the Consulting Agreement and the Supplementary Agreement
entered into between the Company and FirsTrust China Ltd. (the wholly-owned
subsidiary of FirsTrust Group, Inc.).
On June 24, 2008, the Company issued to Hayden Communications International,
Inc. three-year warrants to purchase 25,000 shares of the Company's common stock
at $3.0 per share and three-year warrants to purchase 25,000 shares of the
Company's common stock at $3.5 per share. The Company issued these warrants as
equity compensation under the Investor Relations Consulting Agreement entered
into between the Company and Hayden Communications International, Inc.
All the warrants described above were issued in reliance upon the exemption from
registration under the Securities Act 1933 (the "Act") provided by Section 4(2)
thereof and Rule 506 thereunder and exemptions from registration under
applicable state securities laws.
Item 9.01 Financial Statements and Exhibits
(c) Exhibits:
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EXHIBIT NO. DESCRIPTION
10.1 Form of Warrant issued to FirsTrust Group, Inc. ($2.8 per share)
10.2 Form of Warrant issued to FirsTrust Group, Inc. ($3.6 per share)
10.3 Form of Warrant issued to Hayden Communications International,
Inc. ($3.0 per share)
10.4 Form of Warrant issued to Hayden Communications International,
Inc. ($3.5 per share)
Signature
Pursuant to the requirements of the Securities and Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereto duly authorized.
China Pharma Holdings, Inc.
Date: June 26, 2008
/s/ Zhilin Li
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Zhilin Li
President and CEO
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