STOCK TITAN

CBAK Energy (NASDAQ: CBAT) completes move to Cayman Islands domicile

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

CBAK Energy Technology, Inc. has completed a corporate redomiciliation from Nevada to the Cayman Islands through a merger with its wholly owned subsidiary CBAK Energy Technology Limited. Each share of the company’s common stock was converted into the right to receive one ordinary share of the Cayman entity on a one-for-one basis.

The new parent company, CBAK Cayman, remains listed on the Nasdaq Capital Market under the same trading symbol, “CBAT,” and the redomicile does not change the company’s business, operations, management team, assets, or liabilities. The move is intended to reduce ongoing operational, legal, and accounting costs, simplify corporate administration, streamline governance procedures, and better align the parent company’s legal structure with the international nature of its business while providing greater flexibility for future corporate transactions.

Positive

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Insights

CBAK Energy shifts its holding company from Nevada to Cayman with 1:1 share continuity and unchanged Nasdaq listing.

CBAK Energy completed a redomicile merger so the listed parent is now a Cayman Islands company. Shareholders’ economic stakes are preserved through a one-for-one conversion of Nevada common stock into Cayman ordinary shares, and the Nasdaq listing and “CBAT” ticker continue.

The company states that its business, operating subsidiaries, management team, and consolidated balance sheet remain the same, suggesting this is primarily a jurisdictional and governance change. The rationale given is lower ongoing costs, simpler administration, closer alignment with its international profile, and more flexibility for future corporate transactions.

Such moves can affect investor rights and the legal framework for future deals, but specific governance differences are not detailed here. The filing emphasizes continuity of operations and capital markets presence, while forward-looking statements note that realizing anticipated cost savings and efficiencies depends on future conditions and regulatory developments.

Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Redomicile effective time 8:00 a.m. Pacific Daylight Time Effective time of Redomicile Merger on June 23, 2026
Share exchange ratio 1 ordinary share for 1 common share Conversion of Nevada common stock into Cayman ordinary shares
Par value of Cayman ordinary shares US$0.001 per share Par value of CBAK Cayman ordinary shares
Trading symbol CBAT Ticker for CBAK Cayman on Nasdaq Capital Market
Successor issuer rule Rule 12g-3 CBAK Cayman as successor issuer under Exchange Act
Redomicile Merger financial
"completed its previously announced merger to redomicile from Nevada to the Cayman Islands (the “Redomicile Merger”)"
successor issuer regulatory
"CBAK Cayman ... the successor issuer of the Company pursuant to Rule 12g-3"
Rule 12g-3 regulatory
"successor issuer of the Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934"
Rule 12g-3 is a U.S. Securities and Exchange Commission guideline that helps decide when a company’s class of securities must be registered for public reporting by counting who legally holds those shares. Think of it as rules for “counting heads” — it clarifies whether shares held through brokers, banks or other intermediaries are treated as held by individual investors or by the institution, which determines if the company must start public disclosure and reporting that can affect transparency and investor protections.
equity incentive plans financial
"CBAK Cayman also assumed the Company’s existing equity incentive plans and outstanding awards"
Equity incentive plans are company programs that pay employees, executives, or directors with company stock, stock options, or share units instead of or in addition to cash, aiming to align their interests with shareholders—like giving team members a stake in the house they help build. For investors this matters because such plans can motivate better company performance but also dilute existing ownership and increase reported compensation costs, so they affect future earnings, voting power, and share value.
forward-looking statements regulatory
"This press release contains forward-looking statements within the meaning of the safe harbor provisions"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
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false 0001117171 0001117171 2026-06-23 2026-06-23 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

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): June 23, 2026

 

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 8.01 Other Events.

 

On June 23, 2026, CBAK Energy Technology, Inc., a Nevada corporation (the “Company”), completed the redomicile merger to reorganize itself as a Cayman Islands company. Pursuant to the Agreement and Plan of Merger dated as of September 23, 2025 (the “Merger Agreement”), the Company has merged with and into CBAK Energy Technology Limited, an exempted company incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of the Company (“CBAK Cayman”), with CBAK Cayman as the surviving company. Each issued and outstanding share of the common stock of the Company was converted into the right to receive one ordinary share, par value US$0.001 per share, of CBAK Cayman. CBAK Cayman’s ordinary shares will be listed on The Nasdaq Stock Market under the symbol “CBAT.”

 

On June 23, 2026, the Company issued a press release announcing the completion of the Redomicile Merger. The press release is attached hereto as Exhibit 99.1 and incorporated herein by reference.

 

The information contained in this report shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

 

Safe Harbor Statement

 

This report contains certain “forward-looking statements” relating to the Company and CBAK Cayman, including statements regarding the listing of CBAK Cayman’s ordinary shares on The Nasdaq Stock Market. These statements are forward-looking in nature and subject to risks and uncertainties that may cause actual results to differ materially. All forward-looking statements included in this report are based upon information available to the Company and CBAK Cayman as of the date of this report, which may change, and the Company and CBAK Cayman undertake no obligation to update or revise any forward-looking statements, except as may be required under applicable securities law.

 

ITEM 9.01. Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.  Description
99.1  Press Release dated June 23, 2026
104  Cover Page Interactive Data File (embedded with the Inline XBRL document)

 

1

 

 

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: June 23, 2026 By:  /s/ Jiewei Li
    Jiewei Li
    Chief Financial Officer

 

2

Exhibit 99.1

 

CBAK Energy Completes Redomiciliation to the Cayman Islands

Company’s Nasdaq listing and ticker symbol “CBAT” remain unchanged

 

DALIAN, China, June 23, 2026 — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it has completed its previously announced merger to redomicile from Nevada to the Cayman Islands (the “Redomicile Merger”). The Redomicile Merger became effective at 8:00 a.m. Pacific Daylight Time on June 23, 2026.

 

Pursuant to the Redomicile Merger, each outstanding share of the common stock of the Company was converted into the right to receive one ordinary share of CBAK Energy Technology Limited, a company incorporated under the laws of the Cayman Islands (“CBAK Cayman”) and the successor issuer of the Company pursuant to Rule 12g-3 under the Securities Exchange Act of 1934, as amended. The ordinary shares of CBAK Cayman will be listed on the Nasdaq Capital Market under the trading symbol “CBAT,” the same symbol under which the common stock of the Company was listed.

 

The Redomicile Merger did not change the Company’s business, day-to-day operations, strategy, operating subsidiaries, management team, employees, production facilities, customer and supplier relationships, or consolidated assets and liabilities. CBAK Cayman also assumed the Company’s existing equity incentive plans and outstanding awards, which continue on substantially the same terms and now relate to ordinary shares of CBAK Cayman. The Company undertook the Redomicile Merger to reduce certain ongoing operational, administrative, legal and accounting costs, simplify corporate administration, and align the legal structure of its parent company more closely with the international nature of its business. The Company also expects the Cayman structure to streamline governance procedures and provide greater flexibility for future corporate transactions.

 

“Moving our place of incorporation to the Cayman Islands brings the legal structure of the parent company closer to the international profile of our business,” said Zhiguang Hu, Chief Executive Officer of CBAK Energy. “The change is intended to reduce certain recurring public-company costs and simplify corporate administration. It does not alter our operations, management team or business plans.”

 

About CBAK Energy

 

CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high-power lithium-ion and sodium-ion batteries, as well as the production of raw materials used in the manufacture of high-power lithium batteries. The Company’s products and solutions are used in electric vehicles, light electric vehicles, energy storage systems, and other high-power applications.

 

In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has operating subsidiaries in Dalian, Nanjing, Shaoxing, and Shangqiu, as well as a large-scale research, development, and production base in Dalian.

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements regarding the expected benefits of the Redomicile Merger, including the listing of CBAK Cayman’s ordinary shares on The Nasdaq Stock Market, anticipated cost savings, administrative efficiencies, streamlined governance procedures and potential benefits for future corporate transactions, are forward-looking statements.

 

These statements are based on the Company’s current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include the Company’s ability to realize the anticipated benefits of the Redomicile Merger, changes in applicable laws and regulations, additional administrative or compliance requirements, and other risks described in the Company’s filings with the U.S. Securities and Exchange Commission. The Company undertakes no obligation to update any forward-looking statements, except as required by applicable law.

 

Contacts

 

Global Media Relations

 

Email: marketing@cbak.com.cn

LinkedIn: https://www.linkedin.com/company/cbakenergy

X: https://x.com/CBAKEnergy

Stocktwits: https://stocktwits.com/CBAK_Official

 

Investor Relations

 

Email: ir@cbak.com.cn

Website: https://ir.cbak.com.cn/

 

FAQ

What corporate change did CBAK Energy (CBAT) announce on June 23, 2026?

CBAK Energy completed a merger to redomicile from Nevada to the Cayman Islands. The new parent, CBAK Energy Technology Limited, becomes the successor issuer while maintaining the company’s existing business, operations, and listing framework unchanged.

How does the CBAK Energy redomicile affect existing CBAT shareholders?

Each outstanding share of CBAK Energy common stock was converted into the right to receive one ordinary share of the Cayman parent. The exchange is one-for-one, so shareholders keep the same proportional economic interest under the new Cayman holding structure.

Will CBAK Energy’s Nasdaq listing or ticker change after moving to Cayman?

The company states its shares will continue trading on the Nasdaq Capital Market under the symbol “CBAT.” Only the place of incorporation changed; the market venue and ticker remain the same for the successor Cayman issuer.

Did CBAK Energy’s operations or management change due to the redomicile?

The company indicates the redomicile did not change its business, day-to-day operations, strategy, operating subsidiaries, management team, employees, production facilities, or consolidated assets and liabilities. It presents this as a legal-structure change only.

Why did CBAK Energy choose to redomicile to the Cayman Islands?

CBAK Energy cites goals of reducing ongoing operational, administrative, legal, and accounting costs, simplifying corporate administration, aligning its parent’s legal structure with its international business, and gaining more flexible governance for future corporate transactions under a Cayman framework.

What happens to CBAK Energy’s equity incentive plans after the redomicile?

CBAK Cayman assumed the existing equity incentive plans and outstanding awards. These plans continue on substantially the same terms, except that awards now relate to ordinary shares of the Cayman parent instead of Nevada common stock, preserving incentive structures.

Filing Exhibits & Attachments

4 documents