Attached files
| file | filename |
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| EX-10.1 - ZST Digital Networks, Inc. | v207396_ex10-1.htm |
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 of 1934
|
Date
of Report (Date of earliest event reported):
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December
29, 2010
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ZST
Digital Networks, Inc.
_____________________________________________________
(Exact
name of registrant as specified in its charter)
|
Delaware
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000-52934
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20-8057756
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(State
or other jurisdiction of incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
|
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206
Tongbo Street, Boyaxicheng Second Floor
Zhengzhou
City, Henan Province
People’s
Republic of China 450007
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(Address,
including zip code, of principal executive offices)
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Registrant’s
telephone number, including area code
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(86)
371-6771-6850
|
|
N/A
|
(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):
|
¨
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Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
|
¨
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
¨
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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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¨
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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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Item
1.01 Entry
into a Material Definitive Agreement.
On
December 29, 2010, the principal operating subsidiary of ZST Digital
Networks, Inc., Zhengzhou Shenyang Technology Co., Ltd (“Zhengzhou ZST”),
entered into a purchase agreement for the third and fourth floors of ITC Kung
Kuan with Zhengzhou Zhong Xing Real Estate Co., Ltd (the “Seller”), effective as
of December 29, 2010. Under the agreement, the Zhengzhou ZST agreed
to purchase the third and fourth floors of a building for office space located
in Zhengzhou City of Henan Province for a total purchase price of
approximately RMB51.8 million, which is equal to approximately US$7.8
million. The purchased area is approximately 2,880 square
meters. Additionally, the Seller agreed to deliver to Zhengzhou ZST
the floors of the building before May 18, 2011 and Zhengzhou ZST will make
payment of the total amount due within seven days of the date of the
agreement.
The
agreement is attached to this Current Report on Form 8-K as Exhibit
10.1.
Item
9.01 Financial
Statements and Exhibits.
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Exhibit
Number
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Description
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10.1
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Purchase
Agreement dated December 29, 2010 for 3rd-4th
Floors (Commercial House) of ITC Kung Kuan entered into by and between
Zhengzhou Shenyang Technology Co., Ltd and Zhengzhou Zhong Xing Real
Estate Co., Ltd (translated to English).
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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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ZST
Digital Networks, Inc.
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|||
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Dated:
January 5, 2011
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By:
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/s/ John
Chen
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Name:
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John
Chen
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Title:
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Chief
Financial Officer
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