secwatch.observer — SEC 8-K summary
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Issuer:     CBAK Energy Technology, Inc. (CBAT)
CIK:        0001117171
Form:       8-K
Filed at:   2021-12-13T23:59:59+00:00
Accession:  0001213900-21-064962
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 3.03, 5.03, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CBAK Energy authorizes 10M shares of preferred stock via charter amendment
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- Filed Certificate of Amendment with Nevada on Dec 9, 2021, authorizing 10,000,000 shares of preferred stock, $0.001 par value.
- Board may fix rights, preferences, privileges, and restrictions for each series of preferred stock.
- Amendment modifies rights of security holders by enabling a new class of stock with potential superior rights.
- No preferred shares have been issued yet; the authorization is a structural change to the articles.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117171/000121390021064962/0001213900-21-064962-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117171/000121390021064962/ea152183-8k_cbakenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-21-064962

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer