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Delaware
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65-2954561
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(State of other jurisdiction of
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(IRS Employer
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incorporation or organization
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Identification No.)
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c/o Shandong Spring Pharmaceutical Co., Ltd Economic Development Zone
Gucheng Road Sichui County, Shandong Province, PR China
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273200
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(Address of principal executive offices)
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(Zip Code)
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o
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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o
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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(1)
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In the event that CYIG cannot, within one year from October 21, 2011, either (i) raise a minimum of $20,000,000 in gross proceeds from a debt or equity financing, or a series of debt and/or equity financings (the “Financing”), or (ii) list its common stock on NASDAQ or a major foreign stock exchange, then the shares (the “Shares”) issued pursuant to the Purchase Agreement shall be returned to CYIG and the Patent shall be returned to LY Research and the Purchase Agreement, as amended, shall be cancelled and of no further force or effect; and
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(2)
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LY Research agrees that it waives its right to (i) vote the Shares and (ii) receive any dividends or other distributions from CYIG until the earlier of (a) completion of the Financing or (b) the listing of the shares of common stock of CYIG on NASDAQ or a major foreign stock exchange.
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(d)
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Exhibits
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Exhibit
Number
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Description
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10.1
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Amendment Agreement, dated as of October 21, 2011 between China YCT International Group, Inc. and L.Y. Research Corporation.
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| China YCT International Group, Inc. | |||
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Dated: October 24, 2011
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By: |
/s/ Yan Tinghe
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Yan Tinghe
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Chief Executive Officer
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1.
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Financing
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2.
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Voting and Dividends
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3.
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Entire Agreement.
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4.
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Miscellaneous.
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