Attached files

file filename
EX-99.1 - GLOBAL LOCK ON CHINA AUTO LOGISTICS SUSPENDED BY DEPOSITORY TRUST COMPANY (DTC) PENDING OUTCOME OF DTC S CONTINUING REVIEW OF THE MATTER - China Auto Logistics Incf8k101314ex99i_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):  October 13, 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 7.01.  Regulation FD Disclosure

 

On October 13, 2014, China Auto Logistics Inc. (the “Company”) received notice from the Depository Trust Company (“DTC”) that DTC was suspending the notice of global lock contained in its letter to the Company dated July 16, 2014 (the “Global Lock Notice”). DTC reserved its right to proceed with the institution of a Global Lock (as defined below) in the future, but noted that no Global Lock would be instituted without first providing to the Company notice and an opportunity to object.

 

The Company had previously disclosed the receipt of the Global Lock Notice, which set forth DTC’s intention to suspend book entry services provided to DTC participants with respect to the Company’s common shares (a “Global Lock”) in a Form 8-K filed with the Securities and Exchange Commission (the “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 Commission on August 11, 2014, and a further extension with respect to DTC’s determination whether to impose a Global Lock in a Form 8-K filed with the Commission on September 18, 2014.

 

A copy of the press release that discusses this matter is filed as Exhibit 99.1 to, and is 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 October 15, 2014

 

 
 

 

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: October 15, 2014

 

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