Brief: CBAK Energy Technology Says Entered Cancellation Agreement With 2 Creditors
11/01/2019 22:19
Jan 11 (Reuters) - CBAK Energy Technology Inc CBAT.O :
* CBAK ENERGY TECHNOLOGY SAYS ENTERED CANCELLATION AGREEMENT
WITH
2 CREDITORS WHO LOANED ABOUT $5.2 MILLION TO CO'S UNIT - SEC
FILING
* CBAK ENERGY TECHNOLOGY - CREDITORS AGREED TO CANCEL THE
DEBTS IN
EXCHANGE FOR 5.1 MILLION CO'S SHARES AT $1.02/SHARE
Source text: [https://bit.ly/2RHmI2R]
Further company coverage: CBAT.O
((Reuters.Briefs@thomsonreuters.com;))
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