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| CSOL.OB > SEC Filings for CSOL.OB > Form 8-K on 9-Jun-2008 | All Recent SEC Filings |
9-Jun-2008
Completion of Acquisition or Disposition of Assets, Fi
On January 9, 2008 Beijing Deli Solar Technology Development Co., Ltd., our wholly-owned subsidiary ("Deli Solar (Beijing)"), entered into an equity purchase agreement, and a complementary agreement, with Shenzhen PengSangPu Solar Industrial Products Corporation ("SZPSP") and its shareholders to acquire 100% of the outstanding equity interests of SZPSP from its three shareholders. The terms of the equity purchase agreement and the complimentary agreement are described in a current report on Form 8-K filed on January 15, 2008.
On March 25, 2008, Deli Solar (Beijing) entered into a supplementary agreement to the equity purchase agreement and complimentary agreement. The terms of the supplementary agreement are described in a current report on Form 8-K filed on April 1, 2008.
The SZPSP acquisition closed on March 31, 2008.
(a) Financial Statements of Business Acquired
The financial statements of SZPSP are appended to this Current Report as exhibit 99.1 and exhibit 99.2.
(b) Pro Forma Financial Information
Pro forma financial information concerning the acquisition of SZPSP is appended to this Current Report as exhibit 99.3.
(c) Exhibit No. Description of Exhibit
The following are filed as exhibits to this report:
99.1 Unaudited financial statements of Shenzhen PengSangPu Solar Industrial Products Corporation for the three months ended March 31, 2008.
99.2 Audited financial statements of Shenzhen PengSangPu Solar Industrial Products Corporation for the fiscal year ended December 31, 2007.
99.3 Unaudited pro forma financials information for China Solar & Clean Energy Solutions, Inc. for the three months ended March 31, 2008 and fiscal year ended December 31, 2007.
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