0001144204-15-025955.txt : 20150429 0001144204-15-025955.hdr.sgml : 20150429 20150429161913 ACCESSION NUMBER: 0001144204-15-025955 CONFORMED SUBMISSION TYPE: S-1/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20150429 DATE AS OF CHANGE: 20150429 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Sino-Global Shipping America, Ltd. CENTRAL INDEX KEY: 0001422892 STANDARD INDUSTRIAL CLASSIFICATION: ARRANGEMENT OF TRANSPORTATION OF FREIGHT & CARGO [4731] IRS NUMBER: 261241372 STATE OF INCORPORATION: VA FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: S-1/A SEC ACT: 1933 Act SEC FILE NUMBER: 333-199160 FILM NUMBER: 15813004 BUSINESS ADDRESS: STREET 1: 1044 NORTHERN BOULEVARD CITY: ROSLYN STATE: NY ZIP: 11576-1514 BUSINESS PHONE: 718-888-1814 MAIL ADDRESS: STREET 1: 1044 NORTHERN BOULEVARD CITY: ROSLYN STATE: NY ZIP: 11576-1514 S-1/A 1 v408839_s1a.htm S-1/A

   

As filed with the Securities and Exchange Commission on April 29, 2015

 

Registration No. 333-199160

 

 

 

  

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

AMENDMENT NO. 7 TO FORM S-1

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933

 

SINO-GLOBAL SHIPPING AMERICA, LTD.

(Exact Name of Registrant as Specified in Charter)

 

Virginia   4731   11-3588546

(State or Other Jurisdiction of

Incorporation or Organization)

 

(Primary Standard Industrial Classification

Code Number)

  (IRS Employer Identification No.)

 

1044 Northern Boulevard

Roslyn, New York 11576-1514 

(718) 888-1814

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Lei Cao

Chief Executive Officer

Sino-Global Shipping America, Ltd.

1044 Northern Boulevard

Roslyn, New York 11576-1514 

(718) 888-1814

(Name, address, including zip code, and telephone number, including area code, of agent for service)

 

Copies to:

 

Lawrence G. Nusbaum, Esq.

Bryan S. Dixon, Esq.

Gusrae Kaplan Nusbaum PLLC

120 Wall Street, 25th Floor

New York, New York 10005

Tel: (212) 269-1400

Fax: (212) 809-5449

 

Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.

 

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box: x

 

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering: ¨

 

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

 

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a small reporting company:

 

Large accelerated filer ¨ Accelerated filer ¨
Non-accelerated filer ¨ Smaller reporting company x

   

Calculation of Registration Fee

 

Title of each class of securities to be
registered
  Amount to
be registered
   Proposed
maximum
offering price
per share
   Proposed
maximum
aggregate
offering
price(1)
   Amount of
registration 
Fee (2) (3)
 
                 
Common stock, without par value per share  $       $1,908,000   $221.71 
                   
                   
                   
Total          $1,908,000   $221.71 

 

  (1) Estimated solely for the purpose of calculating the registration fee under Rule 457(o) under the Securities Act.
  (2) Calculated pursuant to Rule 457(c) under the Securities Act based solely for the purpose of computing the registration fee based upon the average of the high and low prices of the Common Stock, as reported on the NASDAQ Capital Market on April 13, 2015.
  (3) We previously paid Registration Fees to the SEC of $1,893 and as a result no additional fee is due.

 

The Registrant hereby amends this registration statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this registration statement shall hereafter become effective in accordance with Section 8(a) of the Securities Act of 1933, or until the registration statement shall become effective on such date as the Commission, acting pursuant to Section 8(a), may determine.

 

 
 

  

EXPLANATORY NOTE

 

The sole purpose of this Amendment No. 7 to Registration Statement on Form S-1 (File No. 333-199160) is to file Exhibits 5.1 and 23.1 to the Registration Statement. No other changes have been made to the Registration Statement or the preliminary prospectus forming part thereof. Accordingly, Parts I and II of the Registration Statement have been omitted from this Amendment No. 7 to Registration Statement on Form S-1.

 

 
 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Act, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned on April 29, 2015.

 

  SINO-GLOBAL SHIPPING AMERICA, LTD.
     
  By: /s/ Lei Cao
    Name:  Lei Cao
    Title: Chief Executive Officer (Principal Executive Officer)

 

Power of Attorney

 

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Lei Cao and Anthony S. Chan, and each of them, his or her true and lawful attorneys-in-fact and agents, each with full power of substitution and re-substitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any or all amendments (including post-effective amendments) to this Registration Statement and any and all related registration statements pursuant to Rule 462(b) of the Securities Act, and to file the same, with all exhibits thereto, and other documents in connection therewith, with the Securities and Exchange Commission, hereby ratifying and confirming all that said attorneys-in-fact and agents, or any of them, or their substitute or substitutes, may lawfully do or cause to be done by virtue hereof.

 

Pursuant to the requirements of the Securities Act of 1933, the following persons in the capacities and on the dates indicated have signed this Registration Statement or Amendment thereto on Form S-1.

 

SIGNATURE   TITLE   DATE
         
/s/ Lei Cao   Chief Executive Officer and Director   April 29, 2015
Lei Cao   (Principal Executive Officer)    
         
/s/ Anthony S. Chan   Acting Chief Financial Officer   April 29, 2015
Anthony S. Chan   (Principal Accounting and Financial Officer) and Director    
         
/s/ Jing Wang   Director   April 29, 2015
Jing Wang        
         
/s/ Ming Zhu   Director   April 29, 2015
Ming Zhu        
         
/s/ Tieliang Liu   Director   April 29, 2015
Tieliang Liu        

 

II-3
 

   

EXHIBIT INDEX

 

Number   Exhibit
2.1   Placement Agency Agreement. *
3.1   First Amended and Restated Articles of Incorporation of Sino-Global Shipping America, Ltd.(1)
3.2   Bylaws of Sino-Global Shipping America, Ltd. (2)
4.1   Specimen Certificate for Common Stock. (2)
4.2   Form of warrant to be issued to investors in the offering. *
4.3   Form of Placement Agent warrant. *
4.4   Form of warrant agreement *
5.1   Opinion of Kaufman & Canoles. +
10.1   Exclusive Management Consulting and Technical Services Agreement by and between Trans Pacific and Sino-China. (2)
10.2   Exclusive Marketing Agreement by and between Trans Pacific and Sino-China. (2)
10.3   Proxy Agreement by and among Lei Cao, Mingwei Zhang, the Company and Sino-China. (2)
10.4   Equity Interest Pledge Agreement by and among Trans Pacific, Lei Cao and Mingwei Zhang. (2)
10.5   Exclusive Equity Interest Purchase Agreement by and among the Company, Lei Cao, Mingwei Zhang and Sino-China. (2)
10.6   First Amended and Restated Exclusive Management Consulting and Technical Services Agreement by and between Trans Pacific and Sino-China. (2)
10.7   First Amended and Restated Exclusive Marketing Agreement by and between Trans Pacific and Sino-China. (2)
10.8   The Company’s 2008 Stock Incentive Plan. (2)
10.9   The Company’s 2014 Stock Incentive Plan. (3)
10.10   Asset Purchase Agreement by and between Sino-Global and the selling shareholder dated April 10, 2015.*
14.1   Code of Ethics of the Company.(4)
21.1   List of subsidiaries of the Company.(5)
23.1   Consent of Kaufman & Canoles (included in Exhibit 5.1).+
23.3   Consent of Friedman LLP, Independent Registered Public Accounting firm. *
24.1   Power of Attorney. (on signature page).

 

* Previously filed
+ Filed herewith
** To be filed by amendment

 

(1) Incorporated by reference to the Company’s Current Report on Form 8-K filed on January 27, 2014.
(2) Incorporated by reference to the Company’s Registration Statement on Form S-1 (File Nos. 333-150858 and 333-148611).
(3)  Incorporated by reference to the Company’s Registration Statement on Form S-8, filed with the SEC on April 23, 2014 (File No. 333-194211).
(4) Incorporated by reference to the Company’s Annual Report on Form 10-KSB filed on September 29, 2008 (File No. 001-34024).
(5) Incorporated by reference to the Company’s Annual Report on Form 10-K filed on September 30, 2014.

 

II-4

EX-5.1 2 v408839_ex5-1.htm EXHIBIT 5.1

 

Exhibit 5.1

 

 

 

Kaufman & Canoles, P.C.

Two James Center

1021 East Cary Street, Suite 1400

Richmond, VA 23219

 

Mailing Address

Post Office Box 27828

Richmond, VA 23261

 

T (804) 771.5700

F (804) 771.5777

 

kaufCAN.com

 

April 29, 2015

 

Lei Cao, Chief Executive Officer

Sino-Global Shipping America, Ltd.

1044 Northern Boulevard

Roslyn, New York 11576-1514

 

Re: Sino-Global Shipping America, Ltd.

 

Dear Mr. Cao:

 

We have acted as special Virginia counsel for Sino-Global Shipping America, Ltd., a Virginia corporation (the “Company”), in connection with the preparation and filing of the Company’s registration statement on Form S-1, as may from time to time be amended (the “Registration Statement”), as originally filed with the Securities and Exchange Commission (the “Commission”) on October 3, 2014.  The Registration Statement includes a prospectus (the “Prospectus”), which provides that the Prospectus will be supplemented in the future by one or more prospectus supplements (each, a “Prospectus Supplement”). The Registration Statement, including the Prospectus as supplemented from time to time by one or more Prospectus Supplements, will provide for the registration by the Company of 1,200,000 shares (the “Offering Shares”) of common stock, without par value per share of the Company (the “Common Stock”).

  

In connection with this opinion, we have examined the Registration Statement and the prospectus contained therein, the Company’s Articles of Incorporation, as amended to date, the Company’s Bylaws, as amended to date, and the originals, or copies certified to our satisfaction, of such records, documents, certificates, memoranda and other instruments as in our judgment are necessary or appropriate to enable us to render the opinions expressed below (the “Documents”). We are relying (without any independent investigation thereof) upon the truth and accuracy of the statements, covenants, representations and warranties set forth in the Documents.

  

The following opinion is given only as to matters of Virginia law, and we express no opinion with respect to any matters governed by or construed in accordance with the laws of any jurisdiction other than the Commonwealth of Virginia. We have assumed that there is nothing under any law (other than the laws of the Commonwealth of Virginia) that would affect or vary the following opinion.

 

On the basis of the foregoing, and in reliance thereon, we are of the opinion that the Offering Shares have been duly authorized, duly and validly issued and are fully paid and non-assessable shares of the Common Stock of the Company.

 

 
 

  

We consent to the use of our name in the Registration Statement and the prospectus that forms a part thereof and the filing of this opinion as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we are within the category of persons whose consent is required under Section 7 of the Securities Act of 1933, as amended or the Rules and Regulations of the Securities and Exchange Commission.

 

  Sincerely,
   
 

By: /s/ Kaufman & Canoles, P.C.

 

  Kaufman & Canoles, P.C.

 

 

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