SEC Form 4 · accession 0001213900-19-000699
CBAK Energy Technology, Inc. · CBAT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Yunfei Li
Officer — CEO · Director · 10% Owner
Period of report
Jan 7, 2019
Accepted (ET)
Jan 14, 2019 · 6:20 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001117171
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK | Jan 7, 2019 | P | 1,666,667 | $1.02 | A | 5,592,685 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 7, 2019, the Reporting Person entered into a cancellation agreement with the Registrant, pursuant to which, the Reporting Person acquired 1,666,667 shares of common stock of the Registrant in exchange for the cancelation of $1.7 million that the Registrant owed to the Reporting Person, at the exchange price of $1.02 per share.