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EX-99.1 - PRESS RELEASE - China Auto Logistics Incf8k091514ex99i_chinaauto.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):  September 15, 2014

 

CHINA AUTO LOGISTICS INC.

 (Exact name of registrant as specified in its charter)

 

Nevada   000-52625   20-2574314

(State or Other Jurisdiction

of Incorporation)

  (Commission File Number)  

(IRS Employer

Identification No.)

 

Floor 1 FTZ International Auto Mall

86 Tianbao Avenue, Free Trade Zone

Tianjin Province, The People’s Republic of China  300461

(Address of principal executive offices)

 

Registrant’s telephone number, including area code: (86) 22-2576-2771

 


 

(Former Name or Former Address if Changed Since Last Report)

 

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)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act   (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act   (17 CFR 240.13e-4(c))

 

 

 

 
 

 

Item 8.01.  Other Events.

 

On September 15, 2014, China Auto Logistics Inc. (the “Company”) received notice from the Depository Trust Company (“DTC”) that DTC has granted the Company a further thirty day extension, until October 15, 2014, with respect to DTC’s determination whether to impose a Global Lock (as hereinafter defined) of the Company’s shares. Should DTC institute a Global Lock, they would suspend all book entry services provided to DTC participants with respect to the Company’s common shares (the “Global Lock”). The Company had previously disclosed that the Company had received notice by DTC of its intent to institute a Global Lock (the “Global Lock Notice”) in a Form 8-K filed with the Securities and Exchange Commission on July 23, 2014. The Company had also previously disclosed an extension of the deadline to respond to the Global Lock Notice in a Form 8-K filed with the Securities and Exchange Commission on August 11, 2014. The Company continues to pursue all of its available options. There can be no assurance that the Company’s efforts will be successful.

 

A copy of the press release that discusses this matter is filed as Exhibit 99.1 to, and incorporated by reference in, this report. The information in this Current Report is being furnished and shall not be deemed "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that Section. The information in this Current Report shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, except as shall be expressly set forth by specific reference in any such filing.

 

Item 9.01.  Financial Statements and Exhibits. 

 

Exhibit Number

  Exhibit Description
99.1   Press Release dated September 17, 2014

 

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SIGNATURE PAGE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: September 18, 2014

 

  CHINA AUTO LOGISTICS INC.
     
  By: /s/ Tong Shiping
  Name: Tong Shiping
  Title: President and Chief Executive Officer

 

 

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