Company: RETO
Filing Date: 2025-09-15
Form Type: F-1
Source: 0001213900-25-087644
Chunk: 98

Company: ReTo Eco-Solutions, Inc.
Filing Date: 2025-09-15
Form: F-1
Chunk 98
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 at $ 330per share for aggregate gross proceeds of $ 6,600,000, which were issued on May 25, 2023. Private placements in 2024 On September 29, 2023, the Company entered into a securities purchase agreement to sell an aggregate of 150,000common shares at a price of $ 100.0per share to certain investors (the “September 2023 Offering”). On March 13, 2024, the Company entered into an amendment to the September 2023 Offering with such investors to change the subscription price from $ 100.0to $ 40.0and to change the terms of the closing of the October 2023 Offering, and the Company closed the October 2023 Offering with gross and net proceeds of $ 6,000,000. In addition, in a concurrent private placement (the “Concurrent Private Placement”) on September 29, 2023, the Company agreed to sell to certain other investors an aggregate of 100,000common shares, par value $ 1.0, at $ 100.0per share. On March 13, 2024, the Company entered into an amendment to the Concurrent Private Placement with such investors to change the subscription price from $ 100.0to $ 40.0, and the Company closed the Concurrent Private Placement with gross proceeds of $ 4,000,000and net proceeds of $ 3,939,062. On August 30, 2024, the Company entered into an offering agreement. Pursuant to the agreement, the Company issued 1,409,520common shares at $ 13.8per share for aggregate gross and net proceeds of $ 19,451,376. The shares were issued on September 6, 2024. For the year ended December 31, 2024, the Company issued an aggregate of 1,659,520Class A shares for private placements with total net proceeds of $ 29,390,438. Conversion of Convertible Debentures During the year ended December 31, 2023, the Company issued an aggregate of 27,966common shares for conversion of the $ 4,111,082convertible debentures based on the conversion price ranging from $ 87.1to $ 292(see Note 11). During the year ended December 31, 2022, the Company issued an aggregate of 1,359common shares for conversion of