China SXT Pharmaceuticals : Securities Purchase Agreement - Form 6-K

As previously disclosed, on September 22, 2022, China SXT Pharmaceuticals, Inc. (the "Company") entered into certain securities purchase agreement (the "SPA") with Zhijun Xiao, a non-affiliate non-U.S. person (the "Investor"), pursuant to which Mr. Xiao agreed to purchase 1,625,798 ordinary shares (the "Shares") of the Company, par value $0.08 per share (the "Ordinary Shares") at a per share purchase price of $1.35. The gross proceeds of this transaction were $2,194,827.3.

On October 11, 2022, the Company received the funds from the Investor and issued the Shares in reliance of the exemption from the registration requirements of the Securities Act of 1933, as amended, pursuant to Regulation S promulgated thereunder. On October 11, 2022, the transaction contemplated by the SPA closed since all the closing conditions of the SPA have been satisfied or waived.