secwatch.observer — SEC 8-K summary
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Issuer:     CBAK Energy Technology, Inc. (CBAT)
CIK:        0001117171
Form:       8-K
Filed at:   2023-04-28T23:59:59+00:00
Accession:  0001213900-23-033973
Event type: regulatory
Sentiment:  negative
Materiality: 0.65
Item codes: 3.01
LLM model:  deepseek-v4-flash:cloud@v2

CBAK Energy receives Nasdaq minimum bid price deficiency notice; 180-day cure period until Oct 23, 2023
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- Notice received April 24, 2023 for non-compliance with $1.00 minimum bid price (closing bid <$1.00 for 30 consecutive business days from Mar 10 to Apr 21, 2023).
- Compliance period of 180 days until October 23, 2023; stock continues trading on Nasdaq under CBAT.
- To regain compliance, closing bid must be at least $1.00 for 10 consecutive business days during cure period.
- If not compliant by Oct 23, may apply for additional 180-day grace period; otherwise delisting proceedings begin.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1117171/000121390023033973/0001213900-23-033973-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1117171/000121390023033973/ea177417-8k_cbakenergy.htm
  HTML page:      https://secwatch.observer/filing/0001213900-23-033973

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