false
0001117171
0001117171
2026-03-18
2026-03-18
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):
March 18, 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 |
|
The Nasdaq Stock Market LLC |
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 March 18, 2026, CBAK Energy Technology, Inc.
(the “Company”) held a Special Meeting of Stockholders (the “Special Meeting”) at the Company’s principal
executive office in Dalian, China. Holders of the Company’s common stock at the close of business on January 20, 2026 (the “Record
Date”) were entitled to vote at the Special Meeting. As of the Record Date, there were 88,645,836 shares of common stock outstanding
and entitled to vote. A total of 50,274,880 shares of common stock (56.71%), constituting a quorum, were present in person or by valid
proxies at the Special Meeting.
The stockholders voted on two proposals at the
Special Meeting. Each proposal is described in detail in the Company’s proxy statement/prospectus dated January 16, 2026, 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 – To approve and
adopt the agreement and plan of merger (the “Merger Agreement”) by and between the Company and CBAT Cayman, an exempted company
incorporated under the laws of the Cayman Islands and a wholly owned subsidiary of the Company, which includes a plan of merger required
to be filed with the Register of Companies in the Cayman Islands, substantially in the form attached as Exhibit A to the Merger Agreement,
pursuant to which the Company will merge with and into CBAT Cayman, with CBAT Cayman continuing as the surviving company resulting from
the merger, and each issued and outstanding share of the common stock of the Company will be cancelled in exchange for one ordinary share
of CBAT Cayman (the “Redomicile Merger”). The adoption of the Proposal 1 required the affirmative vote of a majority of the
outstanding shares of the Company’s common stock. The votes regarding this proposal were as follows:
| Votes For |
|
Votes Against |
|
Abstentions |
| 48,005,537 |
|
1,710,559 |
|
558,784 |
Proposal 2 – To approve one
or more adjournments of the Special Meeting, if necessary, to solicit additional proxies if there were not sufficient votes in favor of
the foregoing proposal. The adoption of Proposal 2 required the affirmative vote of a majority of the shares of the common stock present
in person or represented by proxy and entitled to vote that are actually voted on the matter. The votes regarding this proposal were as
follows:
| Votes For |
|
Votes Against |
|
Abstentions |
| 47,967,297 |
|
2,173,476 |
|
134,107 |
All two proposals were approved by the Company’s
stockholders.
Item 8.01. Other Events.
On March 17, 2026, the Company received a notification
letter from the Listing Qualifications department of The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company had regained
compliance with the $1 minimum bid price requirement for continued listing on Nasdaq.
As previously reported, on October 1, 2025, the
Company had received a notification letter from the Nasdaq Listing Qualifications department stating that, for the prior 30 consecutive
business days, the closing bid price of the Company’s common stock had been below the minimum of $1 per share required for continued
listing on Nasdaq. Subsequently, Nasdaq determined that, from February 17, 2026 to March 16, 2026, the closing bid price of the Company’s
common stock had been at $1 per share or greater. Accordingly, the Company had regained compliance with Nasdaq Listing Rule 5550(a)(2).
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: March 19, 2026 |
By: |
/s/ Jiewei Li |
| |
|
Jiewei Li |
| |
|
Chief Financial Officer |