Tantech : Securities Purchase Agreement - Form 6-K

Explanatory Note:

On June 23, 2023, the Registrant entered into a securities purchase agreement (the "Securities Purchase Agreement") with certain purchasers (the "Purchasers"), pursuant to which the Registrant agreed to issue and sell to the Purchasers and the Purchasers agreed to purchase from the Registrant, an aggregate of 1,315,000 common shares, par value $0.24 per share (the "Shares") of the Registrant, at a price of $2.50 per share for aggregate gross proceeds of $3,287,500.00 (the "Private Placement").

The Shares are being sold in transactions exempt from registration under the Securities Act of 1933, as amended, in reliance on Regulation S thereunder. No placement agent was involved in the Private Placement.

The transaction is expected to close on or before June 26, 2023, subject to satisfaction of customary closing conditions. The Registrant will use the net proceeds from the sale of the Shares for working capital and general corporate purposes. There will be 3,532,906 common shares outstanding following the closing.

A copy of the Securities Purchase Agreement is attached hereto as exhibit 10.1. The foregoing summary of the Securities Purchase Agreement is subject to, and qualified in its entirety by reference to, such exhibit.

Exhibits

Exhibit Number		Description of Exhibit
10.1		Form of Securities Purchase Agreement, dated June 23, 2023, by and between Tantech Holdings Ltd and the Purchasers.