SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K/A Amendment No. 1 to Form 8-K dated March 16, 2006 (filed March 23, 2006) CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act 1934 Date of Report (Date of earliest event reported): March 16, 2006 City Network, Inc. (Exact name of registrant as specified in charter) Nevada (State or other jurisdiction of incorporation) 001-31954 98-0467944 (Commission File Number) (IRS Employer Identification No.) 2F-1, No. 16, Jian Ba Road, Jhonghe City Taipei County, 235, Taiwan, ROC N/A (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: 011-886-2-8226-5566 EXPLANATORY NOTE This Form 8-K/A amends City Network, Inc.'s (the "Company") Form 8-K dated March 16, 2006 and originally filed on March 23, 2006 to include the Securities Purchase Agreement dated March 16, 2006, by and among the Company, Cornell Capital Partners, LP and Highgate House Funds, Ltd. as an exhibit. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (d) Exhibits Exhibit No. Description ----------- ----------- 10.1 Securities Purchase Agreement dated March 16, 2006, by and among City Network, Inc., Cornell Capital Partners, LP and Highgate House Funds, Ltd. 2 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 hereunto duly authorized. CITY NETWORK, INC. By: /s/ Tiao-Tsan Lai ---------------------------------------- Name: Tiao-Tsan Lai Title: Chairman and Chief Executive Officer Dated: April 4, 2006 3 EXHIBIT INDEX Exhibit No. Description ----------- ----------- 10.1 Securities Purchase Agreement dated March 16, 2006, by and among City Network, Inc., Cornell Capital Partners, LP and Highgate House Funds, Ltd.