CBAT · CBAK Energy Technology, Inc.

Summary

CBAK Energy Technology, Inc. held a Special Meeting of Stockholders on March 18, 2026, where holders approved the Redomicile Merger with CBAT Cayman and potential adjournments, with 50,274,880 shares (56.71% quorum) present. On March 17, 2026, the Company received Nasdaq notification of regaining compliance with the $1 minimum bid price requirement under Listing Rule 5550(a)(2).

Key takeaways

• Special Meeting on 2026-03-18 with 50,274,880 shares present (56.71% of 88,645,836 outstanding as of 2026-01-20 record date)
• Proposal 1 (Redomicile Merger approval): 48,005,537 For, 1,710,559 Against, 558,784 Abstentions; approved by majority of outstanding shares
• Proposal 2 (Meeting adjournments): 47,967,297 For, 2,173,476 Against, 134,107 Abstentions; approved
• Nasdaq compliance regained via notification on 2026-03-17
• Compliance based on closing bid price at $1 or greater from 2026-02-17 to 2026-03-16
• Prior noncompliance notification on 2025-10-01