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CBAT CBAK Energy Technology

Filed: 23 Dec 20, 4:02pm

 

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of Earliest Event Reported): December 22, 2020

 

CBAK ENERGY TECHNOLOGY, INC.
 
(Exact name of registrant as specified in its charter)

 

Nevada 001-32898 86-0442833
(State or other jurisdiction
of incorporation)
 (Commission File No.) (IRS Employer
Identification No.)

 

BAK Industrial Park, Meigui Street

Huayuankou Economic Zone

Dalian, China, 116450

(Address, including zip code, of principal executive offices)

 

(86)(411)-3918-5985

(Registrant’s telephone number, including area code)

 

 

(Former name or former address, if changed since last report)

 

Securities registered or to be registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.001 par value CBAT Nasdaq Capital Market

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

 

ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

 

On December 22, 2020, CBAK Energy Technology, Inc. (the “Company”) held the 2020 annual meeting of stockholders of the Company (the “Annual Meeting”) at the Company’s headquarters in Dalian, China. Holders of the Company’s common stock at the close of business on October 26, 2020 (the “Record Date”) were entitled to vote at the Annual Meeting. As of the Record Date, there were 66,467,285 outstanding shares of common stock entitled to vote. A total of 58,711,331 shares of common stock (88.33%), constituting a quorum, were represented in person or by valid proxies at the Annual Meeting.

 

The stockholders voted on three proposals at the Annual Meeting. The proposals are described in detail in the Company’s definitive proxy statement dated October 29, 2020 and the relevant portions of which are incorporated herein by reference. The final results for the votes regarding each proposal are set forth below.

 

Proposal 1: The Company’s stockholders elected five directors to the Board of Directors of the Company to serve until the 2021 annual meeting of stockholders. The votes regarding this proposal were as follows:

 

  Votes For  Votes Against  Abstentions  Broker Non-Votes 
Yunfei Li  51,066,360   21,294   36,628   7,587,049 
J. Simon Xue  51,058,525   29,449   36,308   7,587,049 
Martha C. Agee  51,063,340   23,437   37,505   7,587,049 
Jianjun He  51,059,673   27,224   37,385   7,587,049 
Guosheng Wang  51,066,414   17,880   39,988   7,587,049 

 

Proposal 2: The Company’s stockholders ratified the appointment of Centurion ZD CPA & Co. as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The votes regarding this proposal were as follows:

 

Votes For  Votes Against  Abstentions 
58,673,422  14,459  23,450 

 

Proposal 3: The Company’s stockholders voted to approve, on an advisory basis, the compensation of the Company’s named executive officers. The votes regarding this proposal were as follows:

 

Votes For  Votes Against  Abstentions  Broker Non-Votes 
50,957,539  117,251  49,492  7,587,049 

 

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SIGNATURE

 

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.

 

 CBAK ENERGY TECHNOLOGY, INC.
   
Date: December 23, 2020By:/s/ Xiangyu Pei
  Xiangyu Pei
  Interim Chief Financial Officer

 

 

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