UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 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): April 22, 2015

 

 

CLEAN DIESEL TECHNOLOGIES, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

DELAWARE

 

001-33710

 

06-1393453

(State or Other Jurisdiction 
of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer 
Identification No.)

1621 FISKE PLACE

OXNARD, CALIFORNIA 93033

(Address of Principal Executive Offices, Zip Code)

 

(805) 639-9458

(Registrants telephone number, including area code)

(Former name or former address, if changed since last report)

 

 

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:

 

¨

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On April 22, 2015, Clean Diesel Technologies, Inc. (the “Company”) issued a press release attached hereto as Exhibit 99.1 and made available the presentation slides attached hereto as Exhibit 99.2 in connection with the Company’s participation at the SAE 2015 World Congress, each of which is incorporated by reference herein.

The information furnished pursuant to this Item 7.01, including Exhibits 99.1 and 99.2, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act.

 

Item 9.01 Financial Statements and Exhibits.

 (d) Exhibits.
 

Exhibit Number

 

Description of Exhibits

99.1

 

Press Release dated April 22, 2015.

99.2

 

Presentation Slides.

 

 

 

2


 

 



 

SIGNATURES

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.

 

 

CLEAN DIESEL TECHNOLOGIES, INC.

April 22, 2015

 

By:

 

/s/ David E. Shea

 

 

Name: David E. Shea

 

 

Title: Chief Financial Officer

 

3



Exhibit 99.1
 

[exhibit991001.jpg]

 


CDTi Outlines Development of Spinel™ Technology Platform
at SAE 2015 World Congress and Exhibition


Oxnard, California – April 22, 2015 -- Clean Diesel Technologies, Inc. (Nasdaq: CDTI) (“CDTi” or “the Company”), a leader in advanced emission control technology, will participate in the SAE 2015 World Congress today in Detroit, Michigan where Chief Technology Officer, Stephen Golden, Ph.D., will deliver a presentation titled Novel Mixed Metal Oxide Structure for Next Generation Three-Way Catalysts (TWCs).”


Dr. Golden’s presentation will outline the fundamentals of Spinel™, a proprietary clean emissions exhaust technology that promises to dramatically reduce the cost of attaining more stringent clean air requirements. Vehicle testing of this technology is ongoing at independent certified testing facilities and involves a variety of original equipment manufacturer (OEM) engines. The Company expects initial test results by mid-year.


The presentation along with a white paper published by SAE International can be accessed via the Company’s website at http://www.cdti.com/spinel.

About Spinel

The Spinel platform is a family of proprietary materials using various base metals that replace costly platinum group metals (PGMs) and rare earth metals in coatings on standard catalytic converters. Spinel works across a wide range of engine and vehicle applications – both gasoline and diesel – and has the potential for significant cost savings for OEMs by dramatically reducing or eliminating expensive PGMs and rare earth metals. The technology promises to enable early, cost-effective compliance with stricter emissions standards in the U.S. and around the world and to mitigate OEM exposure to supply uncertainty and price volatility in the PGM and rare earth markets.


More information on Spinel, please visit the Company’s website at: http://www.cdti.com/spinel.


About CDTi

CDTi manufactures and distributes vehicle emissions control products that leverage its advanced materials technology. CDTi utilizes its proprietary patented Mixed Phase Catalyst (MPC®) technology and other related technologies to provide high-value sustainable solutions to reduce emissions, increase energy efficiency and lower the carbon intensity of on- and off-road combustion engine systems. Reflecting its continued focus on innovation, CDTi is developing and commercializing proprietary advanced low-platinum group metal (PGM) catalysts including synergized-PGM (SPGM™), as well as zero-PGM (ZPGM™) catalysts. CDTi is headquartered in Oxnard, California and has operations in the U.K., Canada, France, Japan and Sweden. For more information, please visit www.cdti.com.

 



1






Forward-Looking Statements

Certain information contained in this press release constitutes forward-looking statements including any statements contained herein that are not statements of historical fact. You can identify these forward-looking statements by the use of the words “believes”, “expects”, “anticipates”, “plans”, “may”, “will”, “would”, “intends”, “estimates”, “promises”, and other similar expressions, whether in the negative or affirmative. Forward-looking statements are based on a series of expectations, assumptions, estimates and projections which involve substantial uncertainty and risk. In this press release, the Company includes forward looking statements regarding Dr. Golden’s proposed presentation, future tests and results, and the development, commercialization and potential benefits of CDTi’s products and technologies including Spinel™.  In general, actual results may differ materially from those indicated by such forward-looking statements as a result of risks and uncertainties, including, but not limited, to (i) any inability by CDTi to (1) realize the benefits of investments; (2) successfully transition into an advanced materials supplier; (3) execute its strategic priorities; (4) commercialize its technology due to agreements with third parties; (5) protect its intellectual property; (6) obtain verifications, approvals or market acceptance of its products or technology; (7) attract or retain qualified personnel; or (8) achieve anticipated results; (ii) changes in or lack of enforcement of or funding for emissions programs, regulations or standards; (iii) competitive conditions; (iv) prices of PGM and rare earth metals; (v) intellectual property infringement allegations; (vi) product malfunctions, design  failures or the inability to meet emissions control standards; (vii) any cancellation or postponement of the SAE 2015 World Congress; and (ix) other risks and uncertainties discussed or referenced in the Company’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K. In addition, any forward-looking statements represent the Company’s estimates only as of the date of such statements and should not be relied upon as representing the Company’s estimates as of any subsequent date. The Company specifically disclaims any obligation to update forward-looking statements. All forward-looking statements in this press release are qualified in their entirety by this cautionary statement.


###


Contact Information:

Becky Herrick or Cathy Mattison

LHA (IR Agency)

+1 415 433 3777

bherrick@lhai.com

cmattison@lhai.com



2





Exhibit 99.2
 

 


 

 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 


 

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