<SEC-DOCUMENT>0001104659-23-045165.txt : 20230414
<SEC-HEADER>0001104659-23-045165.hdr.sgml : 20230414
<ACCEPTANCE-DATETIME>20230413204547
ACCESSION NUMBER:		0001104659-23-045165
CONFORMED SUBMISSION TYPE:	424B3
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20230414
DATE AS OF CHANGE:		20230413

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Recon Technology, Ltd
		CENTRAL INDEX KEY:			0001442620
		STANDARD INDUSTRIAL CLASSIFICATION:	OIL, GAS FIELD SERVICES, NBC [1389]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			E9
		FISCAL YEAR END:			0630

	FILING VALUES:
		FORM TYPE:		424B3
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-257806
		FILM NUMBER:		23819501

	BUSINESS ADDRESS:	
		STREET 1:		ROOM 601, 1 SHUI'AN SOUTH STREET
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100012
		BUSINESS PHONE:		86 10 8494-5799

	MAIL ADDRESS:	
		STREET 1:		ROOM 601, 1 SHUI'AN SOUTH STREET
		STREET 2:		CHAOYANG DISTRICT
		CITY:			BEIJING
		STATE:			F4
		ZIP:			100012
</SEC-HEADER>
<DOCUMENT>
<TYPE>424B3
<SEQUENCE>1
<FILENAME>tm2312782d1_424b3.htm
<DESCRIPTION>424B3
<TEXT>
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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Filed Pursuant to Rule&nbsp;424(b)(3)<BR>
Registration No.&nbsp;333-257806</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>PROSPECTUS SUPPLEMENT</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Dated April&nbsp;13, 2023</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>(To Prospectus Dated July&nbsp;9, 2021)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><IMG SRC="tm2312782d1_424b3img01.jpg" ALT="" STYLE="height: 47px; width: 152px"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>8,814,102 Class&nbsp;A Ordinary Shares underlying
Warrants</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This prospectus supplement (the &ldquo;Sticker
Supplement&rdquo;) modifies, supersedes and supplements certain information contained in, and should be read in conjunction with, our
Prospectus filed with the SEC dated July&nbsp;9, 2021 (the &ldquo;Prospectus&rdquo;), related to the offer and resale of up to an aggregate
of 8,814,102 Class&nbsp;A ordinary shares (the &ldquo;Warrant Shares&rdquo;) of Recon Technology, Ltd, par value $0.0925 per share issuable
upon exercise of warrants currently held by such Selling Shareholders as follows: 8,814,102 ordinary shares issuable upon exercise of
certain ordinary share purchase warrants issued on June&nbsp;16, 2021.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Sticker Supplement is not complete without,
and may not be delivered or used except in connection with, the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Our Class&nbsp;A ordinary shares is quoted on the
NASDAQ Capital Market under the symbol &ldquo;RCON.&rdquo; On April&nbsp;12, 2023, the last reported sale price of our Class&nbsp;A ordinary
shares on the NASDAQ Capital Market was $0.35 per share.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The information contained in this Sticker Supplement
modifies and supersedes, in part, the information in the Prospectus. Any information that is modified or superseded in the Prospectus
shall not be deemed to constitute a part of the Prospectus, except as modified or superseded by this Sticker Supplement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">We may amend or supplement the Prospectus from
time to time by filing amendments or supplements as required. You should read the entire Prospectus, and any amendments or supplements
carefully before you make an investment decision.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Investing in our securities involves risks.
See &ldquo;Risk Factors&rdquo; beginning on page&nbsp;26 of the Prospectus and in documents incorporated by reference into the Prospectus.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in"><B>Neither the Securities and Exchange Commission
nor any state securities commission has approved or disapproved of these securities or determined if this Sticker Supplement, or the Prospectus
is truthful or complete. Any representation to the contrary is a criminal offense.</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORWARD-LOOKING STATEMENTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">You should carefully consider the risk factors
set forth in the Prospectus, as well as the other information contained in or incorporated by reference into this Sticker Supplement and
the Prospectus. This Sticker Supplement and the Prospectus and documents incorporated therein by reference contain forward-looking statements
regarding events, conditions, and financial trends that may affect our plan of operation, business strategy, operating results, and financial
position. You are cautioned that any forward-looking statements are not guarantees of future performance and are subject to risks and
uncertainties. Actual results may differ materially from those included within the forward-looking statements as a result of various factors.
Cautionary statements in the &ldquo;Risk Factors&rdquo; section of the Prospectus and in documents incorporated by reference into the
Prospectus identify important risks and uncertainties affecting our future, which could cause actual results to differ materially from
the forward-looking statements made or included in this Sticker Supplement and the Prospectus.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>AMENDMENTS TO INVESTOR WARRANTS</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">On March&nbsp;15, 2023, in connection with a securities
purchase agreement entered into by us with institutional investors dated March&nbsp;15, 2023, we filed a prospectus supplement (the &ldquo;Registered
Direct Prospectus Supplement&rdquo;) and the accompanying base prospectus with the SEC under our registration statement on Form&nbsp;F-3
(Registration No.&nbsp;333-268657) in accordance with Rule&nbsp;424(b)(5)&nbsp;of the Securities Act of 1933, as amended. Pursuant to
the securities purchase agreement and the Registered Direct Prospectus Supplement, we offered and sold (i)&nbsp;an aggregate of 8,827,500
Class&nbsp;A ordinary shares, (ii)&nbsp;pre-funded warrants to purchase up to an aggregate of 1,175,000 Class&nbsp;A ordinary shares,
and (iii)&nbsp;accompanying warrants to purchase up to an aggregate of 10,002,500 Class&nbsp;A ordinary shares (the &ldquo;Registered
Direct Offering&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">This Sticker Supplement is being filed to disclose
the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">In connection with the Registered Direct Offering,
we entered into the securities purchase agreement with each investor in the Registered Direct Offering (each, a &ldquo;Participating Investor&rdquo;)
pursuant to which, in consideration for such Participating Investors&rsquo; purchase of securities in the Registered Direct Offering (the
 &ldquo;Purchase Commitment&rdquo;), we agreed to reduce the exercise price of the warrants issued by us on June&nbsp;16, 2021 (the &ldquo;June&nbsp;2021
Warrants&rdquo;) held by each Participating Investor to $0.80 per share following the closing of the Registered Direct Offering. The Registered
Direct Offering closed on March&nbsp;17, 2023. No other changes to the June&nbsp;2021 Warrants were made.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center">The date of this Sticker Supplement to Prospectus
Supplement is April&nbsp;13, 2023.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"></P>

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