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6-K

Origin Agritech LTD (SEED)

6-K 2020-03-10 For: 2020-03-10
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Added on April 11, 2026

UNITEDSTATESSECURITIES AND EXCHANGE COMMISSION****WASHINGTON, D.C. 20549


FORM 6-K

REPORTOF FOREIGN PRIVATE ISSUERPURSUANT TO RULE 13a-16 OR 15d-16 OFTHE SECURITIES EXCHANGE ACT OF 1934


FOR THE MONTH OF MARCH 2020COMMISSION FILE NUMBER 000-51576


ORIGIN AGRITECH LIMITED

(Translation of registrant's name into English)

No. 21 Sheng Ming Yuan Road, Changping District, Beijing 102206

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F x       Form40-F ¨


Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes ¨        Nox


If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-________

On March 6, 2020, Origin Agritech Ltd. (the “Company”) received a letter from the NASDAQ Stock Market (“NASDAQ”) notifying the Company that the Company had a capital deficiency under the continued listing rules of NASDAQ, and therefore the Company was not in compliance with the requirements for continued listing set forth in NASDAQ Listing Rule 5550(b)(1). The Company has 45 calendar days (April 20, 2020) to submit a plan to NASDAQ to regain compliance. If the plan is accepted, the Company can be granted an exception for up to 180 days to regain compliance. If NASDAQ does not accept the Company’s plan, the Company will have the opportunity to appeal that decision to a hearings panel. The Company’s management is pursuing options to address the deficiency. The Company will submit a compliance plan on or before the deadline set by NASAQ.

NASDAQ has indicated by letter dated March 6, 2020, that the listing requirement of filing the annual report on Form 20-F for the fiscal year ended September 30, 2019, has been satisfied, by its filing with the SEC on March 2, 2020.

About Origin Agritech Limited


Origin Agritech Limited, foundedin 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is China's leading agricultural technology anda rural social e-commerce company, expanding in mid-2018 from crop seed breeding and genetic improvement business to be a leadingtechnology developer in new rural e-commerce platform and Blockchain technologies. In crop seed biotechnologies, Origin Agritech'sphytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Over theyears, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance(Bt) traits. For further information, please visit the Company's website at: http://www.originseed.com.cn or http://www.originseed.com.cn/en/.

Forward-Looking Statements


This communication contains "forward-lookingstatements" as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21Eof the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995.Forward-looking statements address expected future business and financial performance and financial condition, and contain wordslike "expect," "anticipate," "intend," "plan," "believe," "seek," "will," "would," "target," and similar expressions and variations. Forward-looking statements address matters thatare uncertain. Forward-looking statements are not guarantees of future performance and are based on assumptions and expectationswhich may not be realized. They are based on management’s current expectations, assumptions, estimates and projections aboutthe Company and the industry in which the Company operates but involve a number of risks and uncertainties, many of which are beyondthe company's control. Some of the important factors that could cause the company's actual results to differ materially from thosediscussed in forward-looking statements are: failure to develop and market new products and optimally manage product life cycles;ability to respond to market acceptance, rules, regulations and policies affecting our products; failure to appropriately manageprocess safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capitalmarkets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; natural disastersand weather events and patterns; ability to protect and enforce the company's intellectual property rights; and separation of underperformingor non-strategic assets or businesses. The company undertakes no duty or obligation to publicly revise or update any forward-lookingstatements as a result of future developments, or new information or otherwise, should circumstances change, except as otherwiserequired by securities and other applicable laws. Although the Company believes that the expectations expressed in these forward-lookingstatements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differmaterially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statementscontained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in theirentirety by these cautionary statements.

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, thereunto duly authorized.

ORIGIN AGRITECH LIMITED
By: /s/  Han Gengchen
Name: Han Gengchen
Title: Chief Executive Officer

Dated: March 10, 2020