SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 08, 2017
PHI GROUP, INC.
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction||(Commission||(IRS Employer|
|of incorporation)||File Number)||Identification No.)|
|5348 Vegas Drive # 237 Las Vegas, NV||89108|
|(Address of principal executive offices)||(Zip Code)|
Registrant’s telephone number, including area code: 702-475-5430
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
|[ ]||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|[ ]||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|[ ]||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) [ ]|
|[ ]||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)).|
Item 1.01. Entry Into a Material Definitive Agreement.
On August 8, 2017, PHI Group, Inc. (the “Company”) and Maxagro Farm SRL, a Romanian company, signed an “Amendment to Private Stock Purchase and Sale Agreement” to extend the closing date of the previously reported Private Stock Purchase and Sale Agreement dated May 26, 2017 to December 31, 2017 to allow additional time for further due diligence, valuation and negotiation. Both parties may also conclude this transaction sooner by mutual written consent.
The foregoing description of “Amendment to Private Stock Purchase and Sale Agreement” by and between the Company and Maxagro Farm SRL is qualified in its entirety by reference to the full text of said Amendment, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
|10.1||Amendment to Private Stock Purchase and Sale Agreement by and between PHI Group, Inc. and Maxagro Farm SRL dated August 8, 2017.|
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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.
|Dated: August 9, 2017|
|PHI GROUP, INC.|
|By:||/s/ Henry D. Fahman|
|Henry D. Fahman|
|Chairman and CEO|