Kandi Technologies Group Inc filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits
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ITEM 7.01 REGULATION FD DISCLOSURE.
On November 27, 2023, Kandi Technologies Group, Inc. (the “Company”) issued a press release announcing the authorization by the Company’s board of directors of a stock repurchase program (the “Repurchase Program”). Pursuant to the Repurchase Program, the Company plans to repurchase up to $30 million of its common stock during the period ending December 31, 2024 in the open market or in privately negotiated transactions from time to time, in compliance with Rule 10b-5, Rule 10b5-1 and Rule 10b-18 of the Securities and Exchange Commission.
A copy of the press release is furnished to this Current Report on Form 8-K as Exhibit 99.1.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
Exhibits.
The following is filed as exhibit to this report:
| Exhibit No. | Description | |
| 99.1 | Press Release of Kandi Technologies Group, Inc. dated November 27, 2023. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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.
| Date: November 27, 2023 | KANDI TECHNOLOGIES GROUP, INC. | |
| By: | /s/ Dong Xueqin | |
| Name: | Dong Xueqin | |
| Title: | President and Chief Executive Officer | |
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