Current Report Filing (8-k)
July 25 2018 - 12:03PM
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): July 23, 2018
PHI
GROUP, INC.
(Exact
name of registrant as specified in its charter)
Nevada
|
|
001-38255
|
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90-0114535
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(State
or other jurisdiction
|
|
(Commission
|
|
(IRS
Employer
|
of
incorporation)
|
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File
Number)
|
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Identification
No.)
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5348
Vegas Drive # 237 Las Vegas, NV
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89108
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(Address
of principal executive offices)
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|
(Zip
Code)
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Registrant’s
telephone number, including area code: 702-475-5430
N/A
(Former
name or former address, if changed since last report)
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)).
Item
1.01. Entry Into a Material Definitive Agreement.
On
July 23, 2018, PHI Group, Inc. (the “Company”), entered into a Business Cooperation Agreement (the “Agreement”)
to exchange a certain amount of Preferred Stock of the Company for forty-eight percent interest in an undisclosed Vietnamese plastic
manufacturing company (the “Target”). In addition, a shareholder of the Target will assign three percent stock of
the Target to the Company in exchange for either Preferred Stock of the Company or Common Stock of American Pacific Plastics,
Inc., a special purpose vehicle to be formed by the Company as the holding company for the majority interest in the Target.
The
Company intends to file a registration statement with the Securities and Exchange Commission for American Pacific Plastics, Inc.
to become a fully reporting publicly traded company in the near future.
Due
the confidential nature at this stage of the transaction, the Company will disclose complete information about the Target after
the transaction is closed.
On
July 25, 2017, American Pacific Plastics, Inc. was incorporated as a Wyoming company to serve as the holding company for acquisition
of the majority interest in the Target.
Item
9.01 Financial Statements and Exhibits.
(d)
Exhibits
SIGNATURE
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.
Dated:
July 25, 2018
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PHI
GROUP, INC.
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(Registrant)
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By:
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/s/
Henry D. Fahman
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Henry
D. Fahman
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Chairman
and CEO
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