Current Report Filing (8-k)
December 31 2020 - 4:07PM
Edgar (US Regulatory)
0001316517
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0001316517
2020-12-30
2020-12-30
iso4217:USD
xbrli:shares
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xbrli:shares
UNITED
STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): December 30, 2020
KANDI
TECHNOLOGIES GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware
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001-33997
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90-0363723
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(State of Incorporation)
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(Commission File Number)
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(IRS Employer Identification)
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Jinhua
City Industrial Zone
Jinhua, Zhejiang Province
People’s Republic of China
Post Code 321016
(Address of principal executive offices)
(86-579) 8223-9700
Registrant’s telephone number, including area code
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):
☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section
12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Common Stock
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KNDI
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NASDAQ Global Select Market
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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. ☐
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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On December 30, 2020, Kandi Technologies
Group, Inc. (the “Company”) held its Annual Meeting of Shareholders for the fiscal year ended December 31, 2019 (the
“Annual Meeting”). Holders of 38,074,140 shares of the Company’s common stock were present in person or by proxy at
the Annual Meeting, representing 70.34% of the total outstanding shares of common stock and therefore constituting a quorum of
more than a majority of the shares outstanding and entitled to vote at the Annual Meeting as of the record date of November 9,
2020. The final voting result for each matter submitted to a vote of shareholders at the meeting are as follows:
Proposal 1: Election of Directors
The following seven individuals were elected
as the Board of Directors of the Company to serve as directors until the next Annual Meeting of Shareholders or until their successors
have been duly elected and qualified. No broker Non-votes are counted.
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FOR
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WITHHELD
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HU XIAOMING
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18,638,474
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221,775
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SUN CHENMING
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18,546,231
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314,018
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WANG LIN
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18,643,102
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217,147
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CHEN LIMING
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18,667,305
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192,944
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LIN YI
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18,651,901
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208,348
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JERRY LEWIN
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18,465,359
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394,890
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HENRY YU
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18,636,550
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223,699
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Proposal 2: Ratification of the appointment
of Marcum Bernstein & Pinchuk LLP as Independent Auditor
The shareholders ratified the appointment
of Marcum Bernstein & Pinchuk LLP as the Company’s independent auditor for the fiscal year ending December 31, 2020.
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FOR
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AGAINST
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ABSTAIN
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TOTAL SHARES VOTED
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37,394,503
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391,298
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288,339
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Proposal 3: Advisory Vote on Compensation
of Named Executive Officers
The shareholders approved, on an advisory,
non-binding basis, the compensation of our named executive officers. No broker Non-votes are counted.
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FOR
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AGAINST
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ABSTAIN
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TOTAL SHARES VOTED
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18,434,876
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213,743
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211,630
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Proposal 4: Advisory Vote on the
Frequency of Future Advisory Votes on the Compensation of Named Executive Officers
The shareholders approved, on an advisory,
non-binding basis, frequency of future advisory votes on the compensation of our named executive officers to be one year. No broker
Non-votes are counted.
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1 YEAR
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2 YEARS
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3 YEARS
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ABSTAIN
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TOTAL SHARES VOTED
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18,510,603
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92,371
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190,310
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66,965
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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.
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KANDI TECHNOLOGIES GROUP, INC.
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Date: December 31, 2020
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By:
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/s/ Hu Xiaoming
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Name:
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Hu Xiaoming
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Title:
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Chief Executive Officer
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