Company: SISI
Filing Date: 2025-03-13
Form Type: S-1/A
Source: 0001493152-25-010206
Chunk: 87

Company: SHINECO, INC.
Filing Date: 2025-03-13
Form: S-1/A
Chunk 87
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. The Company has received gross proceeds in full from the March 2024 Investors as of June 30, 2024, and all the shares have been issued as of the date of this prospectus.

On June 20, 2024, the Company entered into a securities purchase agreement (the “June 2024 SPA”) with certain non-U.S. investors (the “June 2024 Purchasers”), pursuant to which the Company agreed to sell, and the June 2024 Purchasers agreed to purchase, severally and not jointly, an aggregate of 58,333 shares of common stock of the Company at an offering price of US$120.00 per share. Each June 2024 Purchaser represented that he or she is not a resident of the United States and is not a “U.S. person” as defined in Rule 902(k) of Regulation S under the Securities Act and is not acquiring the shares for the account or benefit of any U.S. person. The Company has received gross proceeds of US$7.0 million from the June 2024 Purchasers, and all of the shares issuable under the June 2024 SPA were issued on July 8, 2024.

On December 24, 2024, we entered into a securities purchase agreement, or the December 2024 Securities Purchase Agreement, with nine non-U.S. investors named therein, pursuant to which we sold an aggregate of 15,000,000 shares of our common stock in a private placement, at a purchase price of $2.18 per share, with aggregate gross proceeds of $32.7 million. In connection with that transaction, we agreed, among other things, to file with the SEC a registration statement covering the resale of the 15,000,000 shares of common stock purchased by the Selling Stockholders.

| II-3 |

Item 16. Exhibits and Financial Statement Schedules

The exhibits listed on the Index to Exhibits of this registration statement are filed herewith or are incorporated herein by reference to other filings.

(a) Exhibits

| Exhibit 
 Number  |     | Exhibit                                                                                                                                                                                   
 Description                                                                                                                                                                               |
| 3.1     |     | Certificate                                                                                                                                                                               
 of Incorporation of Shineco, Inc. (incorporated by reference to the Company’s Registration Statement on Form S-1 filed with                                                               
 the SEC on July 1, 2015 (Registration No. 333-202803))                                                                                                                                    |
| 3.2