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CBAK Energy Technology, Inc. Director's Dealing 2019

Jan 15, 2019

34326_dirs_2019-01-14_0e15e6a8-fdb3-49e8-8dea-6f470f0df850.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBAK Energy Technology, Inc. (CBAT)
CIK: 0001117171
Period of Report: 2019-01-07

Reporting Person: Li Yunfei (Director, CEO, 10% Owner)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-01-07 COMMON STOCK P 1666667 $1.02 Acquired 5592685 Direct

Footnotes

F1: On 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.