New Dragon Asia Corp - Current report filing (8-K)
10 Julio 2008 - 2:44PM
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 1934
Date
of
Report (date of earliest event reported): July 9, 2008
NEW
DRAGON ASIA CORP.
(Exact
name of registrant as specified in charter)
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Florida
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001-15046
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88-0404114
|
|
(State
of Incorporation)
|
(Commission
File No.)
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(IRS
Employer
Identification
No.)
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Suite
2808,International Chamber of Commerce Tower
Fuhua
Three Road, Shenzhen, PRC 518048
(Address
Of Principal Executive Offices) (Zip Code)
011
86
755
8831 2115
(Registrant’s
Telephone Number, Including Area Code)
(Former
Name or Former Address, is Changed Since Last Report)
Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of registrant under any of the following
provisions:
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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(b) under the Exchange Act (17 CFR
240.14a-12(b))
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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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On
July
9, 2008, New Dragon Asia Corp. (the “Company”) issued a press release announcing
that New Dragon Asia Food Limited (“NDAF”), which is controlled by New Dragon’s
Chairman, Heng Jing Lu, has committed to purchase approximately US$1 million
worth of the Company's outstanding shares of Class A common stock, $.0001 par
value (the “Common Stock”) currently trading on the American Stock
Exchange over a period of 12 months commencing July 9, 2008.
As
of
July 9, 2008, NDAF was the largest holder of the Company’s Common Stock, holding
approximately 28,323,954 shares. The Board of Directors of the Company has
been
informed by Mr. Lu of NDAF’s intent to purchase shares of the Common Stock. The
trading price of New Dragon’s shares of common stock on the American Stock
Exchange as of July 8, 2008 was $0.45.
A
copy of
the press release is furnished as Exhibit 99.1 hereto.
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ITEM
9.01.
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FINANCIAL
STATEMENTS AND EXHIBITS
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99.1
Press Release dated July 9, 2008.
SIGNATURES
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.
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NEW
DRAGON ASIA CORP
.
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By:
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/s/
Peter Mak
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Name:
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Peter Mak
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Title:
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Chief
Financial Officer
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Dated:
July 10, 2008
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