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CBAK > SEC Filings for CBAK > Form 8-K on 26-Oct-2012All Recent SEC Filings

Show all filings for CHINA BAK BATTERY INC



Material Modification to Rights of Security Holders, Amendments to Articles

Item 3.03 Material Modifications to Rights of Security Holders.

The disclosure set forth under Items 5.03 and 8.01 below is incorporated herein by reference.

Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in
Fiscal Year.

China BAK Battery, Inc. (the "Company") has filed a Certificate of Change pursuant to Section 78.209 of the Nevada Revised Statutes (the "Certificate of Change") with the Secretary of State of the State of Nevada to effect a one
(1)-for-five (5) reverse stock split (the "Reverse Split") of the authorized and issued and outstanding shares of the common stock, par value $0.001 per share, of the Company (the "Common Stock"). Pursuant to the Certificate of Change, the Reverse Split became effective at 5:00 a.m. Pacific Daylight Time on October 26, 2012 (the "Effective Time").

The Reverse Split was duly approved by the Board of Directors of the Company without shareholder approval, in accordance with the authority conferred by
Section 78.207 of the Nevada Revised Statutes. At the Effective Time, the Company's Articles of Incorporation was also amended and the authorized number of shares of the Company's Common Stock was accordingly decreased from one hundred million (100,000,000) shares to twenty million (20,000,000) shares.

Pursuant to the Certificate of Change, holders of the Company's Common Stock will be deemed to hold one (1) post-split share of the Company's Common Stock for every five (5) shares of the Company's issued and outstanding Common Stock held immediately prior to the Effective Time. No fractional shares of the Company's Common Stock will be issued in connection with the Reverse Split. Stockholders who are entitled to a fractional post-split share will receive in lieu thereof one (1) whole post-split share.

Item 8.01 Other Events.

At the market opening on October 26, 2012, the Company's Common Stock began trading on the NASDAQ Stock Market on a split-adjusted basis. The Company's Common Stock will continue to trade under the symbol "CBAK." The Company's Common Stock will trade under a new CUSIP number 16936Y209.

On October 26, 2012, the Company issued a press release announcing the Reverse Split. A copy of the press release is attached as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01        Financial Statements and Exhibits.

(d)     Exhibits

Exhibit No.   Description
  3.1           Certificate of Change Pursuant to NRS 78.209 filed by the Company
              on October 22, 2012
  99.1          Press Release, dated October 26, 2012

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