CBAT News and Press, CBAK Energy Technology Inc. From 02/08/21

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CBAK Energy Technology ([[CBAT]] -8.1%) opens sharply lower after announcing a $70M registered direct placement of ~$70M in common stock priced at $7.83/share.CBAK says it plans to use the proceeds to further accelerate its business plan, repay some outstanding debts and fund any additional w...

CBAK Energy Announces $70 Million Registered Direct Offering Priced At the Market Under Nasdaq Rules PR Newswire DALIAN, China , Feb. 8, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc.  ("CBAK Energy", or the "Company," NASDAQ: CBAT), a leading lithium-ion...

Securities Litigation Partner James (Josh) Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CBAK To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - February 7, 2021) - Faruqi & Faruqi, LLP, a leading national securities law firm, is ...

Shares of CBAK Energy Technology (NASDAQ: CBAT) rose 45.5% in January, according to data from S&P Global Market Intelligence . The battery company's stock soared early in the month following a report that electric vehicle (EV) specialist NIO was gearing up to launch new ...

CBAK Energy Technology ([[CBAT]] -2.8%) announced that its wholly owned subsidiary, Nanjing CBAK New Energy Technology, signed an ~$1.4M product framework agreement to supply battery systems for 10.5M electric buses to Sichuan Guohong Automobile.Post the agreement, Nanjing CBAK will supp...

CBAK Energy Signs Agreement With Bus Manufacturer, Seeing Growing Revenues From EV Market PR Newswire DALIAN , China , Feb. 5, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion batter...

CBAK Energy Technology ([[CBAT]] +5.8%) pops at the open after detailing plans to expand its production capacity in its Chinese manufacturing plants in anticipation of increasing client orders.For its Nanjing manufacturing plants, the company plans to attain a total capacity of 8 GWh/yea...

CBAK Energy Announces Production Capacity Expansion in Anticipation of Increasing Client Orders PR Newswire DALIAN, China , Feb. 3, 2021 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy", or the "Company"), a leading lithium-ion battery m...

Securities Litigation Partner James Wilson Encourages Investors Who Suffered Losses Exceeding $50,000 In CBAK To Contact Him Directly To Discuss Their Options New York, New York--(Newsfile Corp. - January 30, 2021) - Faruqi & Faruqi, LLP, a leading minority and certified woman-owned natio...