Attached files
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EX-5.1 - Kandi Technologies Group, Inc. | v206289_ex5-1.htm |
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): December 22, 2010
KANDI
TECHNOLOGIES, CORP.
(Exact
name of registrant as specified in its charter)
Delaware
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001-33997
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90-0363723
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||
(State
of
Incorporation)
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(Commission
File
Number)
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(IRS
Employer
Identification
No.)
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Jinhua
City Industrial Zone
Jinhua,
Zhejiang Province
People’s
Republic of China
Post Code
321016
(Address
of principal executive offices) (Zip Code)
(86-0579)
82239851
Registrant’s
telephone number, including area code
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 (see General
Instruction A.2. below):
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
|
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c))
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Item
8.01 Other Events.
On
December 21, 2010, Kandi Technologies, Corp. (the “Company”) entered into a
Securities Purchase Agreement with certain institutional investors, whereby the
Company offered to sell 3,027,272 shares of the Company’s common stock (the
“Shares”) and warrants to purchase up to 1,210912 shares of the Company’s common
stock (the “Warrant Shares”) in a registered direct public offering (the
“Offering”). The Offering was effected as a takedown off the
Company’s shelf registration statement on Form S-3 (File No. 333-163222),
which became effective on December 24, 2009, pursuant to a prospectus
supplement, which was filed with the U.S. Securities and Exchange Commission on
December 21, 2010.
In
connection with the Offering, the Company is filing as Exhibit 5.1 hereto an
opinion of counsel addressing the due authorization and valid issuance of the
Shares and the Warrant Shares.
Item
9.01. Financial Statements and Exhibits.
(d)
Exhibits
Exhibit
No.
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Exhibit
Title or Description
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5.1
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Legal
Opinion of K&L Gates LLP
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SIGNATURE
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.
Dated: December
22, 2010
KANDI
TECHNOLOGIES, CORP.
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By:
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/s/
Hu Xiaoming
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Name: Hu
Xiaoming
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Title: Chief
Executive Officer
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