10-12B/A 1 form10a110415_1012bz.htm FORM 10/A NO. 1 Form 10/A No. 1


U.S. SECURITIES AND EXCHANGE COMMISSION


Washington, D.C. 20549


FORM 10

AMENDMENT NO. 1


GENERAL FORM FOR REGISTRATION OF SECURITIES OF SMALL

BUSINESS ISSUERS

UNDER SECTION 12(B) OR (G) OF THE SECURITIES EXCHANGE ACT OF 1934


Commission file number 001-37567



CEN Biotech, Inc.

(Name of Small Business Issuer in its charter)

 

Ontario, Canada

 

-

(State or other jurisdiction of

 

(I.R.S. employer

incorporation or formation)

 

identification number)

 

 

 

20 North Rear Rd.

 

 

Lakeshore, Ontario, Canada NOR lK0

 

-

(Address of principal executive offices)

 

(Zip Code)

 

Issuer's telephone number: 226-344-0660


Securities to be registered pursuant to Section 12(b) of the Act


Title of each class to be so registered

Name of each exchange on

which each class is to be registered

7,000,000

 

Common stock, no par value

N/A

100,000

 

Preferred stock, no par value

 


Securities to be registered pursuant to Section 12(g) of the Act: None


Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.


Large accelerated filer       .

Accelerated filer       .

Non-accelerated filer       .

Smaller reporting company   X .

(Do not check if a smaller

reporting company)





1




CEN BIOTECH, INC.


INFORMATION REQUIRED IN REGISTRATION STATEMENT

CROSS-REFERENCE SHEET BETWEEN INFORMATION STATEMENT

AND ITEMS OF FORM 10


This Registration Statement on Form 10 incorporates by reference information contained in the information statement filed herewith as Exhibit 99.1. The cross-reference sheet below identifies where the items required by Form 10 can be found in the information statement. The information in or incorporated in this Form 10 is current as of the effective date of this Form 10.


Item 1. Business.


The information required by this item is contained under the sections of the information statement entitled Information Statement Summary, Risk Factors, Management's Discussion and Analysis of Financial Condition and Results of Operations, Business, Certain Relationships and Related Person Transactions and Where You Can Find More Information. Those sections are incorporated herein by reference.


Item 1A. Risk Factors.


The information required by this item is contained under the section of the information statement entitled Risk Factors. That section is incorporated herein by reference.


Item 2. Financial Information.


The Company is considered to be a smaller reporting company, as defined by Rule 229.10(f)(1), and, therefore, is not required to provide the information required by this Item. The information contained under the section of the information statement entitled Management's Discussion and Analysis of Financial Condition and Results of Operations. That section is incorporated herein by reference.


Item 3. Properties.


The information required by this item is contained under the section of the information statement entitled Business - Properties. That section is incorporated herein by reference.


Item 4. Security Ownership of Certain Beneficial Owners and Management.


The information required by this item is contained under the section of the information statement entitled Security Ownership of Certain Beneficial Owners and Management. That section is incorporated herein by reference.


Item 5. Directors and Executive Officers.


The information required by this item is contained under the section of the information statement entitled Management. That section is incorporated herein by reference.


Item 6. Executive Compensation.


The information required by this item is contained under the sections of the information statement entitled Executive Compensation Discussion and Analysis and Director Compensation. Those sections are incorporated herein by reference.


Item 7. Certain Relationships and Related Transactions.


The information required by this item is contained under the sections of the information statement entitled Management and Certain Relationships and Related Person Transactions. Those sections are incorporated herein by reference.


Item 8. Legal Proceedings.


The information required by this item is contained under the section of the information statement entitled Business - Legal Proceedings. That section is incorporated herein by reference.



2




Item 9. Market Price of, and Dividends on, the Registrant's Common Equity and Related Stockholder Matters.


The information required by this item is contained under the sections of the information statement entitled Dividend Policy, Capitalization, The Separation and Distribution and Description of CEN Biotech's Capital Stock. Those sections are incorporated herein by reference.


Item 10. Recent Sales of Unregistered Securities.


The information required by this item is contained under the sections of the information statement entitled Description of Material Indebtedness. That section is incorporated herein by reference.


Item 11. Description of Registrant's Securities to Be Registered.


The information required by this item is contained under the sections of the information statement entitled "Dividend Policy," "The Separation and Distribution" and "Description of CEN Biotech's Capital Stock." Those sections are incorporated herein by reference.


Item 12. Indemnification of Directors and Officers.


The information required by this item is contained under the section of the information statement entitled Description of CEN Biotech's Capital Stock - Limitations on Liability, Indemnification of Officers and Directors. That section is incorporated herein by reference.


Item 13. Financial Statements and Supplementary Data.


The information required by this item is contained under the section of the information statement entitled Index to Financial Statements and the financial statements referenced therein. That section is incorporated herein by reference.


Item 14. Changes in and Disagreements with Accountants on Accounting and Financial Disclosure.


None.


Item 15. Financial Statements and Exhibits.


(a) Financial Statements


The information required by this item is contained under the section of the information statement entitled Index to Financial Statements and the financial statements referenced therein. That section is incorporated herein by reference.


(b) Exhibits


 See below.


The following documents are filed as exhibits hereto:

 

3.1 *

 

Articles of Incorporation

3.2 *

 

By-Laws

10.1 *

 

Employment Agreement with Bill Chaaban

10.2 *

 

$ 9,600,000 Promissory Note

10.3 *

 

Lease Agreement

10.4 *

 

Agreement with R.X.N.B.

10.5 *

 

Notes payable to Mr. Chaaban

10.6

 

Separation Agreement

10.7

 

Amendment to $ 9,600,000 Promissory Note

99.1 *

 

Information Statement of CEN Biotech, Inc., preliminary and subject to completion, dated September 16, 2015

99.1a

 

Information Statement of CEN Biotech, Inc., preliminary and subject to completion, dated November __, 2015



*Filed with initial filing of Form 10



3




SIGNATURES


Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized.


CEN BIOTECH, INC.


/s/Bill Chaaban

Bill Chaaban

Chief Executive and Chief Financial Officer


November 2, 2015



4